💰Tokenomics
$UP Tokenomics Document
Introduction
Welcome to the tokenomics of $UP, a utility token designed to add value to our ecosystem. This document will provide a comprehensive overview of the token's distribution, total supply, and other essential details.
Total Supply
The total supply of $UP tokens is capped at 100,000,000. This fixed supply ensures a balanced economy within our ecosystem.
Token Distribution
The $UP tokens will be distributed across different channels as follows:
IDO: 1% (1,000,000 tokens)
Initial Exchange Offering (IEO): 1.5% (1,500,000 tokens)
Strategic Round: 10% (10,000,000 tokens)
Private Round: 10% (10,000,000 tokens)
DAO: 30% (30,000,000 tokens)
Ecosystem: 4% (4,000,000 tokens)
Team: 10% (10,000,000 tokens)
Advisor: 3% (3,000,000 tokens)
Incentive: 15% (15,000,000 tokens)
Liquidity: 5% (5,000,000 tokens)
Marketing: 10.5% (10,500,000 tokens)
Token Vesting
To ensure a fair and balanced distribution of the $UP tokens, we have implemented the following vesting schedule:
IDO (whitelist): 100% Tokens will be available at Token Generation Event (TGE).
IDO (public round): 50% Tokens will be available at TGE, the remaining 50% will be unlocked in the second month.
Strategic Round: After a 3-month cliff, tokens will vest linearly over the next 15 months.
Private Round: After a 3-month cliff, tokens will vest linearly over the next 15 months.
DAO: No vesting until future decisions are made by the DAO.
Ecosystem: 50% of tokens will unlock at Month 6, the remaining 50% will unlock at Month 13.
Team: After a 12-month cliff, tokens will vest linearly over the next 12 months.
Advisor: After a 12-month cliff, tokens will vest linearly over the next 12 months.
Incentive: 3.1% of tokens will unlock in Month 2, and the remaining will unlock linearly until Month 36.
Marketing: 10% of tokens will be available at TGE, with the remaining tokens vesting linearly until Month 36.
By implementing this vesting schedule, we aim to provide a stable and secure platform for our token holders, while also ensuring long-term commitment and alignment of interests across all participants in our ecosystem.
Utility
The $UP token is the governance and utility token of TonUP DAO. As a holder of $UP tokens, you will be able to participate in the decision-making process of TonUP DAO and influence the TonUP Ecosystem.
As we progress along our roadmap and depending on actual circulation, we plan to gradually hand over governance to the TonUP DAO. The utilities of the $UP token may include, but are not limited to, the following (please note that the actual abilities are dependent on the development process):
Staking to Earn: Holders of the $UP token can stake their tokens to earn rewards.
Membership Pass: The $UP token can act as a membership pass, granting holders access to exclusive areas or features of our platform.
Voting for Launch and Governance: $UP token holders will have the right to vote on various aspects related to the launch and governance of the platform.
Control DAO Treasure: $UP token holders may have influence over the DAO treasury, helping decide how funds are allocated within the ecosystem.
Other Utilities: As our ecosystem grows and evolves, we anticipate that additional utilities for the $UP token will emerge.
By leveraging these utilities, $UP token holders will play an essential role in shaping the future of the TonUP Ecosystem.
Security Measures
Jetton Address: EQCvaf0JMrv6BOvPpAgee08uQM_uRpUd__fhA7Nm8twzvbE_
Conclusion
$UP is more than just a utility token - it's a key component of our ecosystem. With its strategic distribution and robust total supply, it serves to maintain a balanced economy within our platform. Please stay tuned for further updates on the utility and future developments of the $UP token.
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