Tokenomics
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Update: 14th Oct 2024
During the Token Genesis Event (TGE) 2 billion JAV tokens will be progressively minted and made accessible.
Initial allocation is as followed:
5.4% for the community distribution: 108,859,545 JAV
39% for rewards: 780,000,000 JAV
9% for marketing and development: 180,000,000 JAV
20% for the team with 4-years vesting: 400,000,000 JAV
6.1% for early-stage investors with 4-year vesting: 122,165,225 JAV
4% for partnerships with 2-years vesting: 80,000,000 JAV
1% for advisors with 4-years vesting: 20,000,000 JAV
15.5% burned: 308,975,230 JAV
The distribution amount will be determined based on the market environment, available products and TVL. The payout can be adjusted at any time through a governance proposal.
Previous version from 24th July 2024:
During the four-year period following the Token Genesis Event (TGE), 2 billion JAV tokens will be progressively minted and made accessible.
The initial 4-year allocation is as follows:
51% for JAV community members: 1,020,000,000 JAV
max. 12% for the community distribution: 240,000,000 JAV
39% for rewards: 780,000,000 JAV
9% for marketing and development: 180,000,000 JAV
20% for the team with 4-years vesting: 400,000,000 JAV
max. 15% for early-stage investors with 4-year vesting: 300,000,000 JAV
4% for partnerships with 2-years vesting: 80,000,000 JAV
1% for advisors with 4-years vesting: 20,000,000 JAV
The rewards distributed through Javsphere products and services will be distributed to the JAV token holders over 4 years and will gradually decrease.
The distribution amount will be determined based on the market environment. The payout can be adjusted at any time through a governance proposal. If the rewards are not fully distributed in one year, they remain in the reward pot and are added to the subsequent years.
All details are in the table below:
Year
Community Treasury
Distribution %
Year 1
JAV 312,000,000
40%
Year 2
JAV 234,000,000
30%
Year 3
JAV 156,000,000
20%
Year 4
JAV 78,000,000
10%
Additionally, ‘real yield’ rewards will be paid out as participation on the Javsphere platform and for product fees.
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