ViFi Token
Last updated
Last updated
Vicuna Finance is a project with a small pre-sale and no pre-mine. Similar to many projects, we will reward various participants that help further bootstrap our ecosystem. This will be the only way to earn ViFi tokens. ViFi Token Distribution
51.7% (will depend on choices made by investors during Pre-sale) of our entire token supply will be distributed to protocol users through incentivizing the pools and other ecosystem features, ensuring a genuinely fair amount of tokens for the community. To encourage early adoption, we will incentivize the pools in the first couple of weeks after mainnet launch if needed. The allocation will be vested linearly over three years.
In later stages the emissions are planned to be allocated to:
Protocol incentives, Lending pools, Farming pools on Vicuna Finance
ViFi Token liquidity pools on mainstream DEXes
Rewards for the Governance vault participants.
See ViFi Token Distribution for a detailed explaination.
15% of the distributed tokens will go towards funding development 0.25% of the tokens will distributed on TGE. The remainder (14.75%) of the development fund will be subject to a three-year vesting schedule.
15% of the distributed tokens will go towards funding the Vicuna Finance ecosystem by acquirering partners, run promotions (airdrop) and incentivize our main LP on our partner Dex. 0.25% of these tokens will be distributed on TGE. The remainder (14.75%) of the ecosystem tokens will be subject to a three-year vesting schedule.
The beta testing period will be incentivized:
Zealy participants earned XP will be used in the beta points system
Galxe participants earned points will be used in the beta points system
Beta testnet participants based on a points system
Active community members with the OG role
For a detailed explanation of the points system and the testnet launch see ViFi Airdrop
12% of the total tokens will be allocated to team members. Of this, 0.3% will be distributed at the Token Generation Event (TGE). The remaining 11.7% will be subject to a six-month cliff, followed by a two-and-a-half-year vesting schedule.
The 0.3% on TGE will be minted to a multisig with a 3rd trusted party.
2.8% - 4.8% (max) of the distributed tokens will go towards the Pre-sale. The acquired funds in pre-sale will be used to speed up development, expand on the feature set during beta and fund the initial ViFi LP on mainnet launch.
For a detailed write up of the Pre-sale see: The Vicuna Finance Presale! (CLOSED!)
The minimum and maximum token amount allocated to the Pre-sale depends on the choices made by investors.
0.27 % of the distributed tokens will go towards the Pre-seed investors and early backers. 25% on TGE, with a 1 month cliff and a 6 month linear vest.
1.5% - 3% (depending on options chosen in pre-sale) of the distributed tokens will go towards the forming of the initial liquidity pool for the ViFi Token on a mainsstream DEX. The initial liquidity pool will be either ViFi-S or ViFi-USDC and will be hosted on a platform yet to be determined.
Total token supply = 100,000,000
