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Tokenomics
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
Weekly emission: BASE_WEEK_EMISSION * log2(CURRENT_WEEK+1)
Where BASE_WEEK_EMISSION = HARD_CAP / log2(ALL_WEEKS + 1)
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
Last modified 4mo ago