Impact Token
Token Utility and Token Distribution
Name: IMPACT
Symbol: IM
Max Supply: 1,000,000,000 (1B)
Contract Address: N.A
IM is Impact's token, Its main function is as follows:
STAKING: 30% of all protocol generated fees, will be distributed towards the $IM staking pool, Staked IM holders can receive an APY multiplier of up to 3x.
GOVERNANCE: Impact will be governed by IM holders.
DISCOUNTS: IM holders get between 10% and 100% discount on all fees, for holding between 20,000 and 5,600,000 IM.
BRIDGE FEE: IM holders will get a discount while bridging between two SVM Chains.
Token Distribution
Distribution | % | Release schedule |
---|---|---|
Public Sale | 5% | 10% at TGE, followed by 5% Linear |
Token Presale 1,2 | 6% | 10% at TGE, 5% linear |
Token Presale 3,4 | 7% | 10% at TGE, followed by 2 month cliffe then 5% linear |
Seed/Strategic Investor | 5% | 10% at TGE, followed by 3 month cliffe then 5% linear |
Airdrops/ Marketing | 2% | 5% per month starting from TGE |
Protocol Development | 7% | 180-day cliff, followed by 2.08 % linear |
Dex, Cex liquidity | 9% | 55 Months |
Founding Team | 10% | 24 Month cliff, followed by 1% monthly linear for 12 months then 2% linear |
Strategic Partners | 10% | 180-day cliff, followed by 5% monthly linear vesting |
Ecosystem & Development | 40% | 180-day cliff, followed by 1% monthly linear vesting |
Updated details can be found https://docs.google.com/spreadsheets/d/1RyrBCAoem91Rlr8tDbaaMLKJRfmDNJqFg44PCoyC_OU/edit?usp=sharing
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