Tokenomics
Introducing AVAF
AVAF is the governance token of the Avalon Finance. It adopts a ES token model. The main purpose of the AVAF tokens is to incentivize the usage of the protocol and liquidity providers.
Supply of AVAF
The increase in circulating supply will vary depending on the number of tokens that get vested, and the amount of tokens used for marketing / partnerships. The forecasted max supply is 1 billion AVAF tokens. Minting beyond the max supply of 1 billion is controlled by a 28 day timelock. This option will only be used if more products are launched and liquidity mining is required, a governance vote will be conducted before any changes. The composition of AVAF is listed as follow:
Supply | |
Seed Round | 5% |
Series A | 4% |
Public Round | 2% |
Initial Liquidity | 5% |
Advisor | 4% |
Team | 10% |
Ecosystem and Treasury | 10% |
Community Incentive | 40% |
Airdrop | TBD |
Total | 100% |
Staking AVAF
Staked AVAF receives 2 types of rewards:
Escrowed AVAF
Multiplier Points
Last updated