Governance & Tokenomics
Last updated
Last updated
Facilitating Community-Driven Expansion:From its inception, Coinsquad has functioned as a service driven entity building trustless products for a profoundly decentralized financial infrastructure
Inspired by Ethereum's overarching vision, we have steadfastly adhered to the principles of unrestricted access, robust security, and immutable operations. These facets are deemed indispensable for shaping a future where individuals worldwide can access financial services devoid of discrimination or counterparty risk.
Currently rivaling centralized incumbents in daily volume, Coinsquad's remarkable trajectory, achieved sans direct involvement from the core development team post-deployment, underscores the substantial demand for permissionless financial services.
Token Metrics are meticulously crafted with a focus on empowering long-term value appreciation. We firmly profess that sustainable success is built over time and demands unwavering dedication from our team.
The following tokenomics outline our approach:
Total Supply: 10,000,000 SQUAD
Team: 16% of the total supply, subject to a vesting period of 33 months, commencing from month 12.
Marketing: 8% of the total supply, with a vesting period of 23 months, beginning from month 4.
Advisory: 6% of the total supply, vested over 12 months, starting from month 4.
Private Round: 8% of the total supply, with 10% released at TGE (Token Generation Event), followed by 20% on months 2, 3, and 4, and 30% on month 5.
Public Round: 4% of the total supply, with 30% released at TGE and 35% released every 2 weeks thereafter.
Rewards: 40% of the total supply, distributed evenly over an 8-year period.
Ecosystem: 12% of the total supply, subject to a vesting period of 23 months, commencing from month 4.
Exchange Liquidity: 6% of the total supply, with 50% allocated at TGE and the remaining 50% reserved for future listings.
You can use #SQUAD to pay for any fees on our platform. And every quarter, we will use 1% of our profits to buy back #SQUAD and burn them.
