📊Tokenomics
As of 12/12/2023
Last updated
As of 12/12/2023
Last updated
Migration (39.1%): Needed for the Migration. Matches the amount of BANANA locked one to one.
Ecosystem Fund (15%): A replacement for our current MasterApe, meant for allocating ABOND towards the growth of the protocol (e.g., Bonds).
Multiplier Buffer (14.9%): The amount needed to ensure everyone can migrate without being diluted.
Fundraise (10%): An allocation for fundraising.
Treasury (10%): For recurring marketing and operations expenses.
Team (5%): Allocated for the development of ApeBond. Has a 3-year linear vesting.
Bonus Bucket (5%): Additional rewards for those who choose to lock their BANANA for a longer period during the migration process.
Initial Liquidity (1%): Needed to provide Liquidity Pools for the newly migrated token.