Tokenomics
$DNOD is the DeFiNodals governance/utility token. The total DNOD supply will be at 500 million tokens and the platform wallets hold the majority of DNOD.
Last updated
$DNOD is the DeFiNodals governance/utility token. The total DNOD supply will be at 500 million tokens and the platform wallets hold the majority of DNOD.
Last updated
Description | $DNOD | % |
---|---|---|
Total Suppry | 500,000,000 | 100% |
Platform Holdings | 350,000,000 | 70.0% |
Treasury | 175,000,000 | 35.0% |
Platform Wallet | 50,000,000 | 10% |
Boardroom | 125,000,000 | 25% |
Promotional Activities | 50,000,000 | 10% |
Team | 100,000,000 | 20% |
This includes all the tokens held by the platform and they are split between:
Treasury holds the main wallet where all DNOD are initially sent during the generation event. During the DAO implementation, the community will be able to decide via voting the further distribution of the DNOD tokens.
Platform Wallet holds the amount used for the short-term liabilities of the platform. The maximum DNOD amount to be distributed to this account will always be less than 50M DNOD.
Boardroom DNOD tokens will be distributed over a period of two years to the boardroom stakeholders. This amount is initially set to a minimum of 125M DNOD and may rise depending on the Treasury DNOD holdings.
50M tokens are allocated to promotional activities. This includes airdrops and partnerships/collaborations.
100M tokens will be distributed to the co-founders of the DeFiNodal platform. These tokens will be locked for a year.