Tokenomics · $QUACK supply
$QUACK tokenomics.
$QUACK has a fixed total supply of 1,000,000,000 units. Allocations are subject to vesting schedules where applicable. Emissions follow a declining schedule terminating at 0.5% of circulating supply per annum from year seven forward.
Allocation
| Treasury | 40.0% | 400,000,000 | |
| QuackerDAO | 25.0% | 250,000,000 | |
| Custody Reserve | 20.0% | 200,000,000 | |
| Team | 10.0% | 100,000,000 | |
| Advisors | 5.0% | 50,000,000 |
Vesting
| Allocation | Cliff | Vesting | Effective TGE |
|---|---|---|---|
| Treasury | None | Immediate | 100% |
| QuackerDAO | None | Immediate | 100% |
| Custody Reserve | N/A | Non-circulating | 0% |
| Team | 12 months | 48 months linear | 0% |
| Advisors | None | 24 months linear | 0% |
Emissions schedule
New $QUACK released to the Treasury at a rate of 2.00% of circulating supply per annum, reducing by 0.25 percentage points each year, terminating at 0.50% per annum from year seven forward.
| Year | Emission rate |
|---|---|
| 1 | 2.00% |
| 2 | 1.75% |
| 3 | 1.50% |
| 4 | 1.25% |
| 5 | 1.00% |
| 6 | 0.75% |
| 7+ | 0.50% |