Ironclad Finance
  • Directory
  • IRONCLAD Lending
    • Introduction
    • Depositing & Earning
    • Borrowing
    • Liquidations
    • Flash Loans + Looping
    • oICL Redemption
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  • Ironclad CDP
    • How iUSD Works
    • Zero-Interest iUSD Lending
    • iUSD Collateral
    • iUSD Collateral Vaults
    • Minting iUSD
    • Managing iUSD Positions
    • Earning Yield With iUSD
    • Rehypothecation
    • Stability Pool
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    • Recovery Mode
    • Management Fee
  • ICL Token
    • Tokenomics
    • ICL Staking
  • TUTORIAL
    • Using MetaMask
  • Resources
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    • Deployments + Contract Addresses
    • Protocol Security
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    • Bridging
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On this page
  • Liquidity
  • Public
  • Seed
  • Strategic Partnerships
  • Treasury
  • Airdrop
  • Cod3x Foundation
  • Incentives
  • Ecosystem Grants
  1. ICL Token

Tokenomics

PreviousManagement FeeNextICL Staking

Last updated 7 months ago

Mode ICL Address: 0x95177295a394f2b9b04545fff58f4af0673e839d Base ICL Address: 0x12c26138b666360AB2B7A1B149dF9Cf6642CDfBf

Below you'll find the breakdown for ICL distribution as well as the vesting schedule:

  • Liquidity: 7.5%

  • Public: 1.5%

  • Seed: 7.5%

  • Strategic Partnerships: 5%

  • Treasury: 15%

  • Airdrop: 10.5%

  • Cod3x Foundation: 10%

  • Incentives: 35.5%

  • Ecosystem Grants: 7.5%

Liquidity

7.5% of total supply will be dedicated to supporting $ICL liquidity, allocated strategically across various pools across centralized and decentralized exchanges. Most of this will be unutilized at first, but we will deepen liquidity as more ICL starts to circulate.

Public

Seed

7.5% of total supply will be allocated to value-add partners who have helped bootstrap Ironclad, following a 1-year vesting schedule.

Strategic Partnerships

5% of total supply will go towards securing important partnerships and facilitating our longer term strategies. Consider these auxiliary funds to be used when seize an opportunity when it’s valuable to do so.

Treasury

15% of total supply will be placed in the treasury. Treasury funds will be used to fund initiatives to expand Ironclads reach and sustainability, as well as to support $ICL liquidity. This allocation will follow a 48-month linear vesting schedule.

Airdrop

10.5% of total supply has been airdropped to our dedicated users and Embers farmers.

Cod3x Foundation

10% of total supply will go to the foundation that backs Ironclad, vested linearly over 12 months. These tokens will be used to fund audits, technical development, and research for Ironclad.

Incentives

35.5% of the total supply will be dedicated to liquidity incentives over the course of 4 years. The distribution schedule follows a decay as follows:

  • Year 1: 14% of total supply distributed

  • Year 2: 9.75% of total supply distributed

  • Year 3: 6.5% of total supply distributed

  • Year 4: 5.25% of total supply distributed

Incentives will be used to drive new user-ship of our software. The DeFi yield market is competitive, and we will emit tokens strategically to find our place within it.

Ecosystem Grants

Ecosystem grants will be used to fund projects that build on Ironclad, iUSD, and $ICL.

1.5% of total supply has been distributed to participants of $ICL’s public sale (LGE) on .

If you still have any questions, please reach out to the Ironclad team in our official .

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