Token Allocation
A total supply of 100,000,000 LBR token will be allocated as below:
Mining Pool
60%
0%
0% at TGE. Dynamically emitted over 2 years based on mining contracts.
Team
8.5%
0%
A 6-month cliff, then linearly vesting over the subsequent 2 years.
Ecosystem Incentives
10%
2%
2% unlocked at TGE, then linearly vesting over 2 years.
Protocol Treasury
10%
0%
0% at TGE. Linearly vesting over 2 years after TGE.
IDO
5%
100%
Fully unlocked at TGE. The WL bounses will be distributed in the form of esLBR (0.5% of total supply).
LP Reserve
1%
100%
Fully unlocked at TGE, used as the initial LBR liquidity.
Advisors
5%
0%
0% at TGE. Then 10% after a one-month cliff, followed by linear vesting over 1 year.
20% of collected fund in IDO will be used to provide LBR/ETH LP. 40% of collected fund in IDO will be used to mint eUSD. 20% of collected fund in IDO will be used to provide eUSD/USDC LP. 20% of collected fund in IDO will be used for market making and operational expenses.
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