Externality-Labs Docs
  • What is Sortes?
    • Introduction to Sortes
    • The Centralisation Problem
    • People Owns Sortes
    • System Design
  • 🪙Tokenomic
    • Overview
    • Token Utility
      • Demand
      • Supply
    • EXP to Token Conversion
    • Token Allocation
    • Governance
  • ⚒️Sortes Product
    • Lottery as a Service
  • Public Good Fund
    • Donation
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  1. Tokenomic

Token Allocation

The total SORTES token supply is capped at 100 million tokens, allocated across several key areas:

  • Pool Depositors & Users (30%): These tokens are mined or distributed to users who contribute pool token such as Bitcoin (as wrapped BTC) to the prize pool, rewarding early participation.

  • Marketing Fund (15%): Set aside to support outreach, community building, and strategic partnerships.

  • Venture Capital (20%): Structured with a vesting schedule—10% at token generation event (TGE) and 90% subject to a one-year cliff with a further four-year linear vesting schedule that includes automatic staking.

  • Retrospective Airdrops (12%): Distributed based on early contributions and community engagement, with no lockup period.

  • Team Allocation (20%): To ensure long-term commitment, team tokens are locked with a one-year cliff followed by a four-year vesting period.

  • IDO/Public Sales (3%): These tokens are available for early public distribution with no lockup period.

This allocation is structured to reward active participation, align incentives across stakeholders, and support the ongoing development of the ecosystem.

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Last updated 3 months ago

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