Team & Treasury & Strategic Vesting
Team and Treasury will each be allocated 100 million RNM, which will be stakable and tradable on different monthly timelines (detailed below). Strategic Sale participants will receive 60 million RNM in total, pro-rata.
Team, Treasury, and Strategic Sale tokens will be stakable to participate in protocol revenue-share before they are accessible for trading. 50% of each allocation will be accessible to stake upon launch, increasing by 10% of the total supply (for each category) in each subsequent month until 100% is available at the end of month 5. This paces what proportion of total staked RNM can be owned by these entities.
Stakable amounts for all categories, including Team, Treasury and Strategic increase on a per block basis in linear fashion between the amounts shown in the table at the difference monthly checkpoints.
Tradable amounts for all categories, except Team, Treasury and Strategic also increase on a per block basis in linear fashion between the amounts shown in the tables in the sections after this one. Tradable amounts for Team, Treasury and Strategic get unlocked in steps (opposed to linearly on a per block basis) at the checkpoints shown in the tables below.
Day | Stakable RNM |
0 | 50,000,000 |
30 | 60,000,000 |
60 | 70,000,000 |
90 | 80,000,000 |
120 | 90,000,000 |
150 | 100,000,000 |
Day | Stakable RNM |
0 | 30,000,000 |
30 | 36,000,000 |
60 | 42,000,000 |
90 | 48,000,000 |
120 | 54,000,000 |
150 | 60,000,000 |
Team tokens will be fully locked from trading until day 180, when a monthly unlocking will begin across 10 monthly increments.
Day | Unlocked Team RNM (tradable) |
150 | 0 |
180 | 10,000,000 |
210 | 20,000,000 |
240 | 30,000,000 |
270 | 40,000,000 |
300 | 50,000,000 |
330 | 60,000,000 |
360 | 70,000,000 |
390 | 80,000,000 |
420 | 90,000,000 |
450 | 100,000,000 |
Treasury tokens will be locked for the first 90 days, at which point they will be unlocked across 10 monthly increments.
Day | Unlocked Treasury Tokens (tradable) |
60 | 0 |
90 | 10,000,000 |
120 | 20,000,000 |
150 | 30,000,000 |
180 | 40,000,000 |
210 | 50,000,000 |
240 | 60,000,000 |
270 | 70,000,000 |
300 | 80,000,000 |
330 | 90,000,000 |
360 | 100,000,000 |
The Protocol will also accrue 10% of each Golden Ticket purchase, as well as 100% of Golden Ticket fees once Tickets are spent (for naming or RNM & ETH yield purposes) and thus locked in the Registry contract.
Day | Tradable RNM |
|---|---|
179 | 0 |
180 | 60,000,000 |
Last modified 11mo ago