Pharo
  • 🟢Getting Started
  • 🤝Meet Pharo
    • ❔Why Pharo
    • 🌪️Use Cases
    • 📐Architecture
  • ✨Protocol
    • 🎨Product Design
    • 💰Pricing Models
    • 🏛️Capitol Provision
    • 📊Risk Assessment
  • 🛣️Roadmap
  • ⁉️FAQs
  • Market Manager
    • 💹Creating a Pharo Market
    • 👩‍💼Managing a Market
  • Liquidity Provider
    • 🎯Selecting a Market
    • 💵Provide Liquidity
  • Cover Buyer
    • 🤔What it means to buy cover
    • 🔅Buy Cover
  • Governance
    • Overview
    • Process
      • 📄Writing A Proposal
    • Glossary
    • Adversarial Circumstances
    • Governance Reference
  • PHRO Token
    • Overview
    • 🪙Tokenomics
    • Staking
    • 📄Contracts
    • 🐪PHRO Distribution Speed
  • Guides
  • Beginners Guide to Voting
  • Setting Up Your Local Environment
    • Hardhat
    • Foundry
  • API Reference
    • Start Here Developer
  • Technical Reference
    • Litepaper
    • Smart Contracts Overview
    • Pharo SDK
    • Anubis
    • Obelisk
Powered by GitBook
On this page

Was this helpful?

  1. PHRO Token

Tokenomics

The supply and allocation plan for PHRO

  1. Total Supply: 1,000,000,000 ~ 1 Billion Tokens

  2. Distribution Plan:

Distribution

Token %

Token Amount

Vesting Terms

Initial Liquidity

20%

200,000,000

Public sale on Balancer LBP for liquidity bootstrapping and promoting community awareness.

DAO Reserves

25%

250,000,000

Reserved for liquidity provision on exchange listing, marketing initiatives, developer grants, bug bounty programs, strategic partnership, and long-term development of the platform.

Minting Reserves

25%

260,000,000

In accordance with reward distributions.

Team

20%

200,000,000

10% unlock upon token generation event (TGE), linear vesting/block over 1 year for the rest starting from the 2nd month after TGE.

Advisors

2%

20,000,000

15% unlock upon token generation event (TGE), linear vesting/block over 18 months for the rest starting from the 2nd month after TGE.

Bounties

4%

10,000,000

No restrictions.

Airdrops

4%

40,000,000

No restrictions.

PreviousOverviewNextStaking

Last updated 1 year ago

Was this helpful?

🪙