Tokenomics
Investment Schedule
Supply: 1,000,000,000 (1Bn $DEFU)
$DEFU Token | Seed Round | Private Round | Launchpad | |
---|---|---|---|---|
Offer Date | Raising | TBD | TBD | TBD |
DEFU Allocation | 100,000,000 | 100,000,000 | 20,000,000 | 60,000,000 |
% of Total Supply | 10% | 10% | 2% | 6% |
Price per DEFU | $0.01 | $0.017 | $0.025 | |
Valuation | $10,000,000 | $17,000,000 | $25,000,000 | |
Target Raise | $1,000,000 | $1,700,000 |
TGE Schedule
Allocation | Percent | Cliff | Vesting | TGE | TEG Alloc. |
---|---|---|---|---|---|
FOUNDING | 22% | ||||
Seed | 10% | 9 months | 24 months | 0.25% | 2.5% |
Private | 10% | 9 months | 24 months | 0.4% | 4% |
Launchpad | 2% | No | 3 months | 1% | 25% |
PUBLIC | 6% | ||||
Public sale | 6% | No | No | 6% | 100% |
WOBBL3 | 52% | ||||
Liquidity** | 5% | No | No | 5% | 100% |
Team & Advisors | 18% | 6 months | 36 months | 0% | 0% |
Reserves | 30% | No | 48 months | 0% | 0% |
ECOSYSTEM | 20% | ||||
Marketing | 5% | No | 24 months | 0% | 0% |
Ecosystem* | 5% | 6 months | 48 months | 0% | 0% |
Community* | 5% | 12 months | 48 months | 0% | 0% |
Grants | 5% | 12 months | 48 months | 0% | 0% |
*There will be a limit on how many tokens a user can withdraw per day. Starting at 15k tokens, the limit will change from time to time to control the amount of tokens that go back to the circulating supply.
**Liquidity
Token liquidity ($DEFU) | % of total supply | Backed by | USD liquidity |
---|---|---|---|
50,000,000 | 5% | 15% raised funds | $405,000 |
Vesting Schedule in detail
Seed and Private
Investors will receive a small part of the tokens during ICO at TGE. This is to lower the risk for the investor to enter the project and incentivise them to invest more.
For example, if a private enters with 1,000,000 tokens at $0.01 (total investment of $10,000), they will receive 40,000 tokens at ICO. If the token's price during the cliff goes up to 5X ($0.05), they will have a chance to sell it to the public for $4,000, getting back 40% of their initial investment while still holding 96% of their tokens vested.
The market can handle it due to high liquidity and buying pressure from retail users, as well as welcome it due to the limited supply of tokens available to the public.
Private
Also has a slightly lower cliff than Team and Seed because they purchased their token at a higher price.
Public
6% of token supply during the initial listing.
We expect that the price of the token will go up due to lower supply, allowing our Marketing allocation to be worth more than initially expected. If a token costs $0.028 at the launch, 0.1% token allocation equals $28,000. However, at 5X price, we have a much higher amount for the marketing budget that can further pump the cost of the token and, more importantly - the sale of NFTs, which we will help grow our community and the impact of our marketing efforts.
Liquidity
Up to 15% of the entire token supply will be added as needed depending on the market situation.
We want to ensure that even during the largest selling pressures, our liquidity can handle it without causing a major run down. To achieve this goal, the liquidity for the first year has the most tokens of all the other items of the circulating supply.
Reserves
Used for future fundraising.
Since Wobbl3's business model lives outside of the token itself, we will also buy back our tokens from the public at the major dips to ensure that we always have majority tokens and ensure the stability of the project.
Marketing, Ecosystem Development, and Grants
Used to fund future projects, either for strategic partnership, growing the ecosystem with additional tools, and future developments that are aligned with our vision.
Our grants will be offered to developers & founders who can bring long-term value to the Wobbl3 ecosystem.
Wobbl3 Controlled Supply
A percentage of total tokens is allocated to Liquidity, Reserves, Grants, and Partnerships. We could argue that part of marketing could be also allocated here since we will not spend all tokens on marketing; however, we omit it, but it is good to keep in mind that these numbers can be even higher.
Minimum % Controlled Supply is (Wobbl3 Controlled Supply) / (Circulated Supply)
Burn mechanism
The protocol will burn 50% of earned fees on every transaction. At 1% fees, that'd burn 0.5% of the topline supply every year
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