đĨ§$BONZO Allocations
Last updated
Last updated
The $BONZO token will have a fixed maximum supply of 400,000,000 tokens. The token generation event (TGE) will take place following the mainnet launch of Bonzo Finance.
Once all 400,000,000 $BONZO tokens have entered circulation, the token allocation will be as follows:
Category | Total Amount | % of Max Supply |
---|---|---|
Shortly after mainnet launch of the Bonzo Finance protocol, 17.08125175% of the max supply (~68,325,007 $BONZO) will enter circulation and be distributed as follows:
7.5% of the max supply (30,000,000 $BONZO) will be distributed to community members who participated in the first Bonzo Finance NFT sale.
0.0179165% of the max supply (71,666 $BONZO) is allocated to the Safety Module incentive program*, to be distributed throughout month 1 post-TGE, incentivizing $BONZO holders to participate in this activity.
0.03369225% of the max supply (134,769 $BONZO) will be unlocked for community marketing campaigns to incentivize awareness, growth, and adoption.
1.06875% of the max supply (4,275,000 $BONZO) will be unlocked for a second Bonzo Finance NFT sale to be announced in or before December 2024.
0.056726% of the max supply (226,904 $BONZO) will be unlocked for DEX liquidity pool token staking rewards from within the Bonzo Finance protocol.
0.5% of the max supply (2,000,000 $BONZO) will be unlocked for the Bonzo Pre-Season Points airdrop.
0.5% of the max token supply (2,000,000 $BONZO) will be unlocked and distributed to investors who have participated in Bonzo Finance pre-sales. These tokens are unlocked and distributed to investors over the period of 18 months, starting at TGE.
0.08333325% of the max token supply (333,333 $BONZO) will be unlocked and distributed to participants of the HeadStarter IDO that takes place prior to TGE.
Please note that the SAFT (Simple Agreement for Future Tokens) and IDO is a separate transaction from the NFT sale. Purchasing an NFT does not automatically make one a SAFT investor. The SAFT agreement, conducted through the HeadStarter platform, outlines the distribution of Bonzo Finance's native tokens to SAFT investors over an 18-month period following the Token Generation Event (TGE). The tokens provided to SAFT investors are being sold at $0.011 per token. However, this price is not a guarantee of future value, and the actual market price may differ once the token is traded on exchanges. The NFT itself is an art collectible that contains specific utility for the Bonzo Finance protocol, does not represent an investment contract, and the cost of the NFT is not directly linked to the token valuation.
6% of the max token supply (~24,000,000 $BONZO) will be unlocked for ecosystem development activities. This includes liquidity provisioning for centralized & decentralized exchanges, as well as ecosystem integration fees.
0.16666675% of the max token supply (666,667 $BONZO) will be unlocked for decentralized exchange liquidity rewards, such as LARI via SaucerSwap.
0.6944445% of the max token supply (~2,777,778 $BONZO) will be unlocked and allocated for development costs related to building the protocol.
Users who participate in staking (locking up) tokens for a limited amount of time in the Safety Module reserve are rewarded. A portion of the âCommunityâ token unlock schedule for $BONZO includes rewards. The APY reward for locking up $BONZO tokens is based on the following formula:
This formula ensures that a minimum of 8.40% APY is rewarded for $BONZO token holders who stake to the safety module, based on 15% of the circulating supply, calculated on a monthly basis. If more (or less) than 15% of the circulating supply is staked to the safety module, the APY will be lower or higher, respectively.
As the Bonzo Finance protocol achieves economic sustainability, rather than relying on token unlocks allocated to the âcommunityâ category for reward, as it exists today, a portion of protocol fees generated will be used to reward users who continue participating in this activity. The Bonzo Finance DAO (est. launch in early 2025) will regularly reassess and vote on the reward allocation based on various economic factors.
Category | Total Amount | % of Max Supply |
---|---|---|
Community
~36,708,339
9.17708475%
Investor
~2,333,333
0.58333325%
Ecosystem Development
~24,666,667
6.16666675%
Core Development
~2,777,777
0.6944445%
DAO Treasury
~1,838,890
0.4597225%
Community
109,666,596
27.416649%
Investor
40,000,000
10%
Core Development
100,000,000
25.000%
DAO Treasury
110,333,404
27.583350%
Ecosystem Development
40,000,000
10%