Genesis Token Allocations

Summarising the various allocations, the initial distribution of Glue tokens in the genesis block will be as follows:

Seed Contributors: 0.99%

These tokens are allocated to the early contributors who provided the initial funding at a discounted rate.

LBP Contributors: 0.37%

Tokens allocated to participants in the Liquidity Bootstrapping Pool, reflecting their investments at market rates.

Other Expenses Paid in Tokens: 0.20%

These tokens were used to compensate for various services and expenses incurred during the early stages of development.

Founders Allocation: 15%

Tokens allocated to the founders, vested over five years with a one-year cliff, ensuring their continued commitment and alignment with the network's success.

Foundation Allocation: 10%

Tokens allocated to the Glue foundation, intended for managing token sales, market maker incentives, and operational funding.

This brings the total allocated portion to 26.56%. The remaining tokens will be held in the on chain treasury, representing 73.44% of the total supply. This unallocated portion will be crucial for future growth, development, and strategic initiatives, ensuring that Glue has the flexibility and resources needed to achieve its long-term vision.

Figure 1: Genesis token allocation.