Genesis Token Allocations
The maximum supply of Glue tokens is capped at 1,000,000,000. This token is non-inflationary, meaning that there will never be more than 1 billion Glue tokens in existence.
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.
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