πŸ“ŠTokenomics

This page covers the key details surrounding the Tokenomics of $VOLD, including the allocations, emissions and launch information.

Initial Total Supply = 10,000,000,000 (Ten Billion)

We will generate 10,000,000,000 (Ten Billion) $VOLD tokens which will be the initial total supply. There are no plans to ever generate more than this number. However, should the network grow exponentially beyond our modelling, the community and foundation shall be given the opportunity to vote for an increase in supply in order to keep up with user demand.

Allocations

Allocation Detail

Our tokenomics have been designed to ensure a balanced approach that ensures the potential longevity of the ecosystem whilst maximizing the success of the launch. Each allocation has been carefully considered across the following groups:

  • Foundation (Treasury): 2,000,000,000 tokens (20% of total) are reserved for the treasury to fuel incentives and growth of the protocol. This portion of the token will be used to develop partnerships, marketing, investments and other functions the Foundation deems are in the best interest of improving the token ecosystem for $VOLD.

  • Team & Advisors: 2,300,000,000 tokens (23% of total) will be distributed internally to private individuals and advisors that are part of the team developing the ecosystem.

  • Ecosystem + Community Growth: 3,900,000,000 tokens (39% of total) will be set aside as a rewards pool to foster user engagement. The purpose of the pool is to reward activities that add significant value to the community. Part of the monthly allocation will be distributed to the community at the Foundation’s discretion. Another part of the monthly allocation will be distributed according to what’s decided via monthly governance proposals. Some tokens will also be set aside for a future airdrop.

  • Early Investors (Private): 1,00,000,000 (10% of total) have been allocated to the private sale.

  • Launchpad Sale Sale (Public): A total of 500,000,000 tokens (5% of total) will be sold via a public token sale or launchpad. This encourages early use of the token and raises the value for all participants in the ecosystem.

  • KOL Round: 100,000,000 tokens (1% of total) tokens will be allocated to key opinion leaders in the crypto space.

  • Exchange Liquidity: 200,000,000 tokens (2% of total) will be placed as liquidity across various exchanges. Doing so helps to ensure that there is a market for the token.

Estimated Emissions Schedule

We modeled the token emission over 6 years. Within this time frame, we anticipate three main stages. Stage one is the bootstrapping phase; this is the most vulnerable time of the network as its growth depends on the convictions of early adopters and partners. After being established, $VOLD enters the growth stage, which unfolds as a network effect of the early adopters. The last stage is normalization, in which the value input in the network must be sufficient to sustain the network. To model these three stages, we took inspiration from nature and model our token distribution on a Sigmoid Curve. These Sigmoid Curves are known to appear in population growth and other natural processes.

Whilst we have taken great care using advanced modeling techniques, we cannot predict the future. Please see this as our best estimate only and not any form of guarantee.

Cumulative Issuance of Total Supply (Months)

Above, you see the total expected token issuance over time following the growth of our user population.

Token Launch and Roadmap

In this section, we have outlined our plans for the $VOLD token, focusing on the specific near-term events as well as the long-term road-map.

Note that these dates are what we are current planning to do based on the information we have at this time. These plans/dates may change.

We intend to generate the full 10 Billion Tokens on the following date:

Date TBC

Private Sale

We intend the first sale of the token to be a private round; this round will only be open to specific investors we invite. As mentioned above, we intend to allocate 10% of the supply to this round, and it will likely have a discounted rate VS the Public sale, but it will have one of the longest vesting periods.

We intend the Private Sale of the full 1 billion tokens to run from the following date:

Date TBC

Public Sale

Following the completion of the Private Sale, we intend to run a Public Sale on the following exchanges/launchpads:

  • Raydium

  • Jupiter

  • Orca

  • Drift Protocol

We intend for the Public Sale of the full 1 billion tokens to run from the following dates:

Date TBC

Last updated

Logo

Vold 2023