Token allocation & supply
Majority of tokens go to the community in a predictable schedule
Token Allocation
4B tokens are pre-mined and distributed to the Dabba Foundation, Wifi Dabba Inc, and Institutional Investors. 6B tokens will be minted and distributed to the community with a fixed supply schedule.
Part 1: 4B Pre-mined tokens distribution
Token warrants: 8.46%
845,600,000
To initial capital providers. 2 year lock-in, 2 year linear vesting
Dabba Foundation: 8.00%
800,000,000
For network governance, future grants and growth incentives
Wifi Dabba Inc: 18%
1,800,000,000
For team, software, hardware development and future fundraise. 2 year lock-in, 2 year linear vesting
Liquidity incentive pool: 5.54%
554,400,000
Managed by foundation, used to help incentivize ecosystem contributors
Operations fund will be administered by the foundation
Part 2: 6B Community token distribution (60% of total supply)
The entire pool is reserved for hotspot owners (HO) as participation rewards including the Genesis rewards for HOs. HO utilises the DBT rewards to deploy, manage & upgrade the network.
10% of the 6B tokens allocated to the HOs are emitted in the first year and token emissions decay at the rate of 10% every year. This is because we believe that early adopters of the network should be rewarded appropriately.
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