AZA Token Distribution
Last updated
Last updated
Maximum Supply: 210,000,000 AZA
Initial Total Supply: 21,000,000 AZA (10% yearly)
AZA Token supply and distribution follows a 10-year vesting plan with 10% availability each year, starting from year 1. This will strategically ensure control of the supply of AZA over the years. The token distribution is designed to ensure the long-term commitment and alignment of all stakeholders, as well as to support the growth and development of the ecosystem and the community.
The 10-year vesting locks are executed at UNICRYPT (70%, UNCX) and GEMPAD (20%) as shown, while the remaining 10% (21 million tokens) are supplied in year 1 as highlighted in the distribution schedule afterwards below:
The 10% (21 million) available tokens shall be distributed yearly as follows:
The first set of tokens distribution represents 1% of the total, that is 2,100,000 tokens and that will be distributed to holders on the “Earn to Own” model, hereinafter referred to as “mining.” Hence, based on the 10-year vesting plan, only 1% (2.1m tokens) shall be available to mine each year subject to a total 10% (21 million) allocated to community. Any unmined balance will be rolled over. This mining drives the gamification system of our project in all its ecosystem, especially on Azaland and Azademy.
Another 1%, that’s 2,100,000 AZA Tokens will be distributed in form of airdrops in the first year only. These AZA Tokens will be distributed equally based on the number of eligible users.
Another 6,300,000 AZA Tokens, representing 3% shall be assigned to the public sale (fairlaunch) in the first year to raise funds for liquidity and development.
51% will be allocated to investors and liquidity provision of AZA / USDT and AZA/BNB pairs at Uniswap and Pancakeswap. Liquidity providers and investors may contribute to the AZA / USDT and AZA/BNB trading pairs at Uniswap and Pancakeswap.
20% is allocated to the team and within the vesting schedules; this follows a 3-year linear vesting plan.
5% will be allocated to marketing.
The final 10% (21,000,000) AZA Tokens will be locked in the future distribution, development, rewards and innovation pool for future development and furtherance of the mission and vision of financial literacy advocacy.
These can be validated on the Explorer:
