Initial Token Distribution

• IDO — 250 (0.5%)

• Token Launch Boost — 500 (1%)

• Reserved for DEX Liquidity — 2,500 (5%)

• Liquidity Rewards — 25,000 (50%)

• Team Vesting / Ecosystem —7 ,000–14% (locked in two one-year linear vesting contracts. Note: locked funds include both team allotment and ecosystem allotment, which are designated as 14% for each)

• Ecosystem Allotment —7,000-14% half of team vesting (used for partnerships, additional DEX liquidity, further user rewards, marketing)

• Seed Investors — 8,000–16% (locked in three one-year linear vesting contracts)

Details:

DEX Liquidity - Portion reserved for DEX liquidity. Represents the amount of tokens in public circulation at initial release.

Liquidity Rewards - We hope to offer generous rewards to users who stake LP, as they will be taking on the most risk. We set aside 50% to ensure longterm APR for TVL retention.

Launch Boost - on token launch, vault TVL will be snapshotted. The top TVL vaults will be rewarded with boosts, each vault receiving commensurate VWAVE based on the TVL of that vault. This is effectively an airdrop. Rewards will last for seven days.

Team Lockup - This amount will be under a vested timelock. It is intended as the team tokens for dev ownership. Use of these funds may also be considered part of the project lockup. All transactions, under the vesting contract, will be publicly announced and viewable. Is 10% a large amount for a team to hold? Compared to others, no. Did you know most yield farms hard-code their masterchef contracts to reward the developers tokens every time someone claims rewards? Did you know that amount is usually over 15%? What do they do with those tokens?

Our lockup amount will be publicly viewable and trackable. Hold us accountable!

Ecosystem Fund - This amount will be locked under a timelock. The purpose of these funds are to act as a project treasury. Uses include: future boosts for vaults, marketing, bringing on new team members, securing partnerships, possible future liquidity on a CEX, rewards for third party DEX pools, giveaways, and other future needs. Why is this 20%? VWAVE is not a yield-farm token. There will never be more than 50,000 tokens. Unlike other projects, we need to strategically manage the allocation and use of our token supply. Therefore we are locking the majority of the supply. In the future, DAO governance will be able to vote on proposals to utilize these funds.

SEED - This amount is for seed investors, who will be publicly disclosed. We will only agree to vested contracts with investors. We will not make deals that will only lead to pump and dumps on our users. If we decide to not have deals with VCs, this amount will just be allocated to user rewards.

IDO - Initial Dex Offering.