To build a fair, transparent, and sustainable economic ecosystem, ensure that users at all stages receive reasonable returns during the ecosystem’s development, and safeguard the long-term stability of the Vcity ecosystem, we have carefully designed the Vconomics Scientific Initial Token Allocation and Release Mechanism.
Initial Token Allocation and Release Mechanism
Community Incentives
Accounting for 60% of the total supply (600 million tokens), it adopts a tiered release mechanism, with up to 10% of the remaining tokens released annually.
Long-Term Fund Development
Accounting for 10% of the total supply (100 million tokens), it adopts an annual tiered release mechanism, with 10% of the remaining tokens released each year.
Risk Reserve
Accounting for 5% of the total supply (50 million tokens), the funds are managed through multi-signature.
DAO Governance Fund
Accounting for 15% of the total supply (150 million tokens), initially locked for 2 years, and subsequently governed by DAO voting.
Team Development Fund
Accounting for 10% of the total supply (100 million tokens), initially locked for 3 years. Starting from the fourth year, a tiered release mechanism will be adopted, releasing 10% of the remaining tokens each year.
Smart Contract Time-lock Mechanism
Transparent Fund Management: Fund flows are managed by smart contracts, ensuring openness, transparency, and real-time traceability.
Time-lock: Tokens are gradually unlocked according to their respective release mechanisms and predefined schedules, ensuring the project’s long-term and stable development.
Traceable: Every transaction is trackable, ensuring that fund usage aligns with predefined objectives.