Tokenomics

What is DON?

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.

Distribution plan

DON Allocation

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
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What is DON?
Distribution plan
DON Allocation