🪙$WHALES tokenomics
Whales Market's native utility token.
$WHALES is used to incentivize the growth of Whales Market transparently and fairly. To guarantee fair distribution to major stakeholders of the Loot Bot project, a % of $WHALES supply is retrospectively airdropped to $LOOT stakers & $xLOOT holders upon launch.
Token details
Ticker: $WHALES
Total supply: 100,000,000 tokens
Chain: Solana
Mint address: GTH3wG3NErjwcf7VGCoXEXkgXSHvYhx5gtATeeM5JAS1
Distribution
| Category | Allocation | Tokens | Vesting |
|---|---|---|---|
Incentives | 65% | 65,000,000 | linear emissions for 4 years. DAO-governed |
Team | 9.5% | 9,500,000 | 0% TGE, locked for 9 months, linear vesting for 36 months |
Liquidity | 7.5% | 7,500,000 | 5% liquidity burned on TGE, 2.5% reserved for CEX listing |
Private Sale | 7% | 7,000,000 | 50% TGE, linear vesting for 2 months |
Airdrop | 5% | 5,000,000 | 50% TGE, linear vesting for 12 months |
Marketing | 5% | 5,000,000 | 20% TGE, linear vesting for 24 months |
Security | 1% | 1,000,000 | 100% TGE |
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