To ensure the sustainable development of the project and maintain ecological balance, we have integrated mechanisms such as token lock-up, tiered release, and DAO governance to carefully design the Vconomics Scientific Initial Token Allocation and Release Mechanism. This aims to achieve fairness, justice, and long-term incentives within an open, transparent, and sustainable economic ecosystem. The specific allocation and release mechanisms are as follows:
Ⅰ.Token Allocation and Release Mechanism
Initial Total Token Supply: 1 billion tokens.
1.Community Incentives (60%, 600 million tokens)
Release Type: Vesting (Tiered Release)
Release Rules:
Up to 10% of the remaining tokens may be released each year.
A tiered release mechanism is adopted to ensure that tokens can be used for long-term community incentives and ecosystem development.
2.Long-Term Fund Development (10%, 100 million tokens)
Release Type: Vesting (Tiered Release)
Release Rules:
10% of the remaining tokens will be released each year.
An annual tiered release mechanism is adopted to ensure long-term support of the fund for project development, ecosystem expansion, and partnership building.
3.Risk Reserve (5%, 50 million tokens)
Release Type: Multi-Signature Wallet (MultiSig)
Release Rules:
Funds are managed through a multi-signature wallet, serving as an emergency reserve and for handling unforeseen events.
4.DAO Governance Fund (15%, 150 million tokens)
Release Type: Vesting + DAO Decision
Release Rules:
Initially locked for 2 years.
The unlocking method and schedule are determined by DAO governance through voting.
5.Team Development Fund (10%, 100 million tokens)
Release Type: Vesting (Tiered Release)
Release Rules:
Initial lock-up period is 3 years.
Starting from the 4th year, 10% of the remaining tokens will be released each year.
A tiered release mechanism is adopted to ensure long-term incentives for the team and accountability for the project.
Ⅱ.Smart Contract Time-lock Mechanism
To ensure the transparency and traceability of token allocation, the Vcity economic model (Vconomics) introduces a Smart Contract Time-lock Mechanism. This mechanism has the following core features:
1.Transparent Fund Management
All token allocation fund flows are managed by smart contracts and publicly recorded on the blockchain, allowing anyone to check fund usage at any time.
2.Time-lock Function
Tokens in the incentive pool and foundation reserves will be gradually unlocked according to the predefined schedules of their respective release mechanisms. This approach prevents excessive or premature token releases that could significantly impact the market, ensuring the long-term and stable development of the project.
3.Traceability
Every token transaction is traceable, helping to ensure that fund usage aligns with predefined objectives.