Tokenomics
DON is the native token and will be the governance token of Poseidon Finance.The total amount of DON issued is 100,000,000
DON can be be used for incentives, such as airdrop incentives for the Poseidon Community and early users, governance token for voting, and collateral assets.
Category | Percentage | Release Schedule |
|---|---|---|
LP liquidity Mining | 50% | 2-year linear vest:
30% for the first year and 20% for the second year |
Borrower Incentive | 10% | 2-year linear vest |
FRA Staking Incentive | 5% | 2%: Airdrop
3%: 2-year linear vest |
Strategic Investment | 5% | 2-year linear vest, with 6-month cliff |
Public Sale | 5% | Immediately available |
Exchange Liquidity | 6% | 2-year linear vest |
Founding Team | 9% | 2-year linear vest, with 6-month cliff |
Treasury | 10% | 5%: Immediately available
5%: 1 year linear vest |
Last modified 6mo ago