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Tokenomics
BaySwap is a community-first DEX, then the weight of the "only community-event" token is make up the majority. BaySwap team holds only 22% (including 2% for partners and incentive events)
BaySwap tokenomics
78% is held by the community, in there:
- 5.5% total supply = 55.000.000 $BSWT is minted from DAO activities (one of them is Liquidity Bootstrapping Event)
- 2.5% total supply = 25.000.000 $BSWT is minted for Airdrop events
Locking period and Vesting
70% Yield Farming: Linear vesting in 48 months (4 years)
10% Core Team: Cliff 6 months, then linear vesting in 48 months (4 years)
10% Development Fund: 2% is for Public Sale which is unlocked 100% at TGE for Bay Community, to learn more, visit https://bayswapio.medium.com/bayswap-public-sale-may-5th-all-you-need-to-know-f8c32cab467a. Rest 8%: linear vesting in 48 months (4 years)
5.5% DAO treasury: 1% for LBE which is unlocked 100% at TGE. then linear vesting in 12 months
2.5% Airdrop: Cliff 1 month, then linear vesting in 6 months.
2% partnership/incentives: Cliff 1 month, then linear vesting in 24 months.
Last modified 7mo ago