Tokenomics

REC Token

  • Ticker: REC

  • Type: ERC-20

  • Total Supply: 2B

  • Initial Circulating Supply: 495M


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.


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