🪙Tokenomics
Last updated
Last updated
Token Details:
Name: GSWP Token
Ticker: GSWP
Chain: Ethereum & Swamps Layer 2
Total Supply (Max): 1,000,000,000 GSWP
GSWP Allocation:
Public Sale (10%):
10% of tokens are allocated for the public sale on Naka Chain, facilitating wide distribution among active ecosystem participants.
Distribution schedule:
Lockup: None
Vesting: None
Airdrop to $SWP Holders (6.5%):
GSWP commits 6.5% of the total supply to SWP holders, acknowledging their foundational role in the ecosystem's success. This allocation will directly benefit SWP holders, further integrating them into the GSWP ecosystem.
Distribution schedule:
Lockup: None
Vesting: Details on snapshot and distribution TBA
Liquidity Mining (24%)
Allocating 24% to liquidity mining ensures ongoing incentives for users, rewarding engagement and contribution to the platform's liquidity.
Distribution schedule:
Lockup: None
Vesting: Over 4 years
Community and Rewards (20%)
GSWP dedicates 20% to community rewards, underlining the importance of an engaged, supportive community in DeFi.
Distribution schedule:
Lockup: Gradual unlocking based on participation and governance votes
Vesting: Linear, over specific community milestones
BVM Stackers (3%)
Recognizing the support from BVM stackers with 3% of GSWP, reinforcing the collaborative spirit between Swamps and BVM Network.
Distribution schedule:
Lockup: None
Vesting: Immediate upon distribution
Liquidity (9%)
Ensuring stable and robust market conditions by allocating 9% to liquidity provisions across platforms.
Distribution schedule:
Lockup: None
Vesting: Immediate to support launch liquidity
Marketing (10%)
Investing in the future through 10% allocation towards marketing, expanding Swamps' reach and adoption.
Distribution schedule:
Lockup: None
Vesting: Tailored to campaign timelines & CEX listings
Team (8%)
Rewarding the Swamps team with 8% of GSWP for their dedication and ongoing development of the ecosystem.
Distribution schedule:
Lockup: 0% TGE, 3 Months cliff
Vesting: Over 4 years to align with the platform's long-term vision
Advisors (2.5%)
2.5% to advisors, acknowledging their strategic counsel and expertise contributed to Swamps' growth.
Distribution schedule:
Lockup: 20% Release after 30, 3 months cliff.
Vesting: Over 12 months.
KOL Sale (2%)
KOLs receive 2%, acknowledging their role in community engagement and platform endorsement.
Distribution schedule:
Lockup: 20% Release at TGE
Vesting: 4 months
Conclusion
The GSWP token model is designed to bolster the Swamps ecosystem, aligning incentives for all stakeholders from liquidity providers to the development team. Through strategic token distribution, vesting schedules, and a focus on community engagement, GSWP is poised to empower users, reward participation, and drive innovation in the SRC-20 space.
