🪙Tokenomics
The tokenomics of WESTANDUNITED Runes ($WES) are designed to ensure a fair and sustainable distribution that supports the growth and stability of the Runes DAO ecosystem. Below is a detailed breakdown of the $WES token allocation, distribution schedule, initial offering details, and transparency measures. *Total $WES Supply: ▣21,000,000☸︎ *Token Allocations:
Team: Allocation: 11% (▣2,310,000☸︎) Cliff Period: Runes are locked for the first 6 months. This means the team cannot access these Runes during this period. Distribution: After the 6-month cliff period, 1.833% of the team’s total allocation will be released every 30 days until all Runes are fully vested. This process ensures that Runes are gradually released to the team over time.
Development: Allocation: 8% (▣1,680,000☸︎) No Cliff: Runes are not locked initially. Distribution: 0.444% of the development allocation will be released every 30 days from the start, continuing for 540 days until all Runes are fully vested.
Initial Runes Offering (IRO): Allocation: 32% (▣6,720,000☸︎) Runes are distributed in multiple rounds, including Seed Round, Private Sale, and Public Sale. Each round has different prices and allocations.
Marketing: Allocation: 5% (▣1,050,000☸︎) No Cliff: Runes are not locked initially. Distribution: 0.833% of the marketing allocation will be distributed every month until Day 180.
Runes DAO Ventures: Allocation: 6% (▣1,260,000☸︎) No cliff period. Runes will be used to fund community initiatives, evaluated on an ongoing basis.
Advisors & Partners: Allocation: 5% (▣1,050,000☸︎) Cliff Period: Runes are locked for the first 2 months. Distribution: After the 2-month cliff period, 0.5% of the allocation will be distributed every month until Day 300. Extended vesting periods can be considered to maintain market stability.
Liquidity & CEX: Allocation: 8% (▣1,680,000☸︎) Runes will be distributed on demand to provide liquidity on centralized and decentralized exchanges.
Asatru Community Rewards: Allocation: 7% (▣1,470,000☸︎) Airdrop rewards will be available to community members after the Initial Runes Offering (IRO).
Ordinals Communities: Allocation: 4% (▣840,000☸︎) Airdrop rewards will be available to Ordinals community members after the Initial Runes Offering (IRO).
Ambassador / Fellowship: Allocation: 4% (▣840,000☸︎) Cliff Period: Runes are locked for the first 3 months. Distribution: After the 3-month cliff period, 0.444% of the allocation will be distributed every 30 days until Day 180.
Volume Rewards: Allocation: 6% (▣1,260,000☸︎) Rewards for high-volume users will be claimable 4 months after the platform launches.
Staking Rewards: Allocation: 4% (▣840,000☸︎) Staking rewards will be available 6 months after the platform launches.
Transparency Measures: - Public Dashboard: A public dashboard will be available to track the allocation and distribution of Runes in real-time, ensuring transparency and accountability. - Regular Reports: Regular reports will be published to provide updates on Runes distribution, usage, and ecosystem growth. Incentive Mechanisms: - Staking Rewards: Users who stake $WES will receive attractive rewards, including competitive APYs. - Volume Rewards: Rewards for high-volume users to incentivize active participation and liquidity provision. - Airdrops: Regular airdrops to community members as part of community rewards and engagement strategies.
Future Plans: - Additional Runes Sales: Potential future sales or adjustments to tokenomics may be made to adapt to market conditions and ecosystem needs. - Governance Adjustments: Community-driven governance will allow for adjustments and improvements to the tokenomics structure as needed. - Regular Runes Burns: Implementing a potential Runes burn mechanism to reduce supply over time and potentially increase the Runes’ value.
Understanding the tokenomics of $WES Runes is crucial for potential investors and community members. By acquiring $WES, you become an integral part of the Runes DAO ecosystem, contributing to its governance, development, and overall growth. Join us in building a decentralized future and leverage the full potential of $WES.
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