πͺCORE Distribution and Release
The total supply of $CORE tokens will be 100,000,000 (100M).
Wen TGE?
Core Markets completed our TGE in March 2024 - the $CORE token is now live!
$CORE Allocations
Liquidity and TGE
13,750,000 $CORE were reserved for the LBP and seeding the initial DEX LP on Thruster.
Note: This 13.75M allocation will not be vested and is included in the initial circulating supply.
Seed Round
8,750,000 $CORE were reserved for the seed round - 20% of which was unlocked at the TGE and the remainder vested linearly over two months.
Airdrops
5,000,000 total $CORE (2.5M each) will be airdropped to Based Markets and IntentX tokens and points holders respectively.
Note: This 5M allocation will not be vested and is included in the initial circulating supply.
Treasury
10,000,000 $CORE will be reserved for the treasury. This allocation is meant to serve the Core Markets ecosystem through things like partnerships, marketing spend, development work, etc. Initially, treasury funds will be used at the discretion of the team, however this will transition to a DAO over time.
Note: This 10M allocation will not be vested and is included in the initial circulating supply.
Trade2Earn and Staking Incentives
42,500,000 $CORE will be reserved for Trade2Earn and Staking incentives. These tokens will be emitted daily as follows:
Traders:
Year 1 - 20,000,000/year, ~54,795/day
Year 2 - 10,000,000/year, ~27,397/day
Stakers:
Years 1 and 2 - 12,500,000 (~17,123/day)
Note: Trade2Earn incentives will only last for two years unless otherwise chosen via governance.
Team
20,000,000 $CORE will be reserved for the Core Markets Team.
Note: These tokens will vest linearly over one year.
Emissions Schedule
All tokens will be emitted over a 25 month period subsequent to TGE.
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