Tokenomics
Last updated
Last updated
No more than 1 billion TETU tokens will ever be brought into existence.
All TETU supply will be minted over 4 years, the minting period will end in August 2025.
70% of all weekly minted TETU goes for rewards initiatives.
30% of weekly minted TETU will be immediately available on the multisig contract.
This graph shows the total token supply (total number of existing tokens) during the distributing period
According to the DAO voting on January 23, 2023, 534 million TETU tokens were reallocated from the old FundKeeper contract to new immutable contracts, following the distribution rule of 70% for rewards initiatives and 30% for protocol development.
As a result, 70% was bridged to the mainnet and locked in an immutable contract with a 6-month cliff (delay) and a 12-month distribution period using a linear formula.
The remaining 30% stayed on Polygon and were locked in a new immutable contract with a 24-month distribution period also using a linear formula.
TETU emissions are currently paused, they have the potential to be resumed if the community chooses to do so. Vesting contract to snapshot proposal https://snapshot.org/#/tetu.eth/proposal/0xdab8a042bbbe8fe8f4c98615a5385214273c681d2edadbb34e6e2409e49a91dc
Polygon vesting contract https://polygonscan.com/address/0xDA0238dC031E431f147f00D04A3263E9E4B73A3C Mainnet vesting contract https://etherscan.io/address/0x4089B52F777850eBB8e8252055707B7B36817358#readContract
