🗓️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, 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
| Entity | Tokens | Reason |
|---|---|---|
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. 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. Max supply will nearly be fully emitted in 50 years.
Last updated