🔢Tokenomics
GASBET token is an ERC20 utility token. Initially, it serves as a governance token for the protocol. In addition to that, GASBET token holders can stake their tokens to earn rewards and participate in the ecosystem's growth through various token sinks: minting, staking, and more.
Symbol: GB Supply: 1,000,000 Blockchain: L1 ETH
1,000,000
50,000
50,000
Team (5%)
Allocated for current and future team members,
ongoing research, development, and future funding.
Investors and Liquidity (5%)
Early backers supporting the project's vision;
Future investors;
Ensure ample liquidity for the token upon launch.
Vesting Details:
Pre-seed tokens are subject to a 4-month cliff lockup starting from the TGE, followed by 25% releases every 4 months. This results in a total vesting period of just over a year (16 months). We believe cliff unlocks provide greater clarity, as gradual per-block vesting used by DeFi projects in the last cycle often caused confusion within communities.
The lockup period for the company and team will naturally extend beyond that of the investors.
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