The VERTUS tokenomics provides a comprehensive breakdown of the distribution and supply of its native token, $VERT. With a total supply of 1.2 billion tokens, VERTUS aims to create a balanced and sustainable ecosystem that supports both immediate and long-term growth. In this blog, we will delve into the details of VERTUS tokenomics, its distribution strategy, and the vesting schedule for airdrop participants.
Total Supply: 1.2 Billion Tokens
The total supply of $VERT is set at 1,200,000,000 tokens. This ample supply allows for various strategies to incentivize community participation, partnerships, and growth within the ecosystem.
The distribution of tokens is crucial for ensuring that all stakeholders are adequately represented and incentivized. Here’s how the tokens are allocated:
- Airdrop (55%): The largest share of the total supply, airdrop participants will receive 55% of the tokens. This strategy not only rewards early adopters but also helps in building a robust community around the VERTUS ecosystem.
- Liquidity (12%): To ensure smooth trading and maintain price stability, 12% of the total supply is dedicated to liquidity. This allocation helps in facilitating trades on various exchanges and enhances the overall market presence of $VERT.
- Marketing (12%): Recognizing the importance of outreach, VERTUS allocates 12% for marketing initiatives, including collaborations with Key Opinion Leaders (KOLs). This strategy aims to increase awareness and adoption of the token in the wider cryptocurrency market.
- Team (11%): A commitment to the development team is essential for sustained growth. Allocating 11% of the tokens to the team ensures that those behind the project are rewarded for their efforts and incentivized to work towards the platform's success.
- Partners (10%): To foster strategic alliances and collaborations, 10% of the tokens are reserved for partners. This can include other projects, platforms, and organizations that align with VERTUS’s vision.
Structure of Airdrop Vesting
The vesting schedule for the airdrop participants is designed to promote long-term commitment to the VERTUS ecosystem. Here’s how the vesting works:
- 50% at Token Generation Event (TGE): Upon the initial distribution, participants will receive 50% of their allocated airdrop tokens, providing them with immediate access to part of their rewards.
- 6.66% per Month for the Next 3 Months: Following the TGE, participants will receive an additional 6.66% of their airdrop allocation each month for three months. This gradual release encourages holders to maintain their tokens and actively participate in the community.
- 10% per Month for the Following 3 Months: After the initial three months, participants will receive 10% of their allocation per month for the next three months. This extended vesting period ensures that participants remain engaged with the project.
The VERTUS ecosystem is designed to encourage participation and reward its community members. By farming $VERT at @VERTUS, users can engage with the platform and contribute to its growth. The comprehensive tokenomics, combined with a strategic airdrop and vesting schedule, positions VERTUS as a promising project in the cryptocurrency space.
Also read: Piggy Piggy Airdrop Event by WEEX: Grab Your $PGC Token Rewards