Tokenomics
REC Token
REC Token
Ticker: REC
Type: ERC-20
Total Supply: 2B
Initial Circulating Supply: 495M
Details
Details
Pre-Seed: for early supporters at a 3.75m valuation. 25% at TGE followed by 6 month linear vest.
Seed: for value add supporters at a 6m valuation. 25% at TGE followed by 3 month linear vest.
Public Sale (LBP): available for sale via Fjord Foundry to generate liquidity. 100% at TGE.
Core Contributors: for present and future employees. 1 year cliff followed by a 2 year linear vest.
Ecosystem Incentives: used for incentivizing data providers and data validators. 3 month cliff followed by a 4 year linear vest.
Treasury: 1 month cliff, 4 year linear vest.
LP / CEX / Listings: 50% TGE followed by 24 month linear vest.
Partners / Advisors: 3 month cliff followed by 6 month linear vest.
Last updated