The Tokenomics
Distribution
The Distribution is split across two main venues. Community and Team + Investors
Community 61%
20% Community Incentives: Protocol emissions will decline from a high water mark at launch and come to an end after six years
Year 1: 35%
Year 2: 25%
Year 3: 15%
Year 4: 10%
Year 5: 8%
Year 6: 7%
11% Airdrops:
7% Quaaloops
1% Loop Olympics
3% Additional Community Airdrops
25% DAO Treasury: 24m linear vesting, no cliff or TGE release.
5% Liquidity Bootstrapping: Used as launch liquidity.
Team and Investors 39%
24% Core Contributors: 24m linear vesting, no cliff or TGE release.
5% Advisors: 24m linear vesting, no cliff or TGE release.
10% Investors: 16m linear vesting, 1 month cliff, 5% unlock at TGE
Utility
LOOP can be locked in the dLP to govern over the Loop DAO
LOOP can be locked in the dLP to unlock community incentives
LOOP can be locked in the dLP to earn yield charged through interest payments
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