Foundation Allocation

In the genesis block, 10% of the total token supply will be allocated to the Glue foundation. The foundation is tasked with executing the main sale as well as the token generating event. While the specific details are still to be finalised, it is anticipated that up to 5% of the total token supply may be sold in the next sale. However, this percentage is subject to change based on market dynamics and the strategic needs of the Glue Network.

Utilisation of Foundation Tokens

The remaining tokens allocated to the foundation will be used for several key purposes:

1. Market Maker Incentives: To ensure liquidity and stability in the market, the foundation will allocate a portion of its tokens to incentivize market makers. This will help maintain a healthy trading environment, reduce volatility, and ensure that users can buy and sell tokens with minimal slippage.

2. Operational Funding: The foundation will use its token allocation to fund its operations, including ongoing development, marketing, community engagement, and other essential activities. This funding is crucial to support the continuous growth and evolution of the Glue ecosystem.

By strategically allocating tokens to the foundation, Glue ensures that it has the necessary resources to execute its vision and maintain a robust and dynamic ecosystem. The foundation's role in managing token sales and funding operations is vital to the long-term success and sustainability of the network. This structured approach to token allocation reflects our commitment to transparency, efficiency, and strategic growth.