LVVA token
Information about tokenomics, allocations, cliff and vesting schedules of Levva native token
Last updated
Information about tokenomics, allocations, cliff and vesting schedules of Levva native token
Last updated
Max supply: 2,000,000,000 (2 billion) $LVVA tokens.
Current total supply: 1,250,000,000 $LVVA tokens.
Not all LVVA tokens are currently minted or circulating. Remaining 750M LVVA tokens (or 37.5% of maximum supply) will be minted over a course of 4 years to facilitate Levva tokenomics and incentivise protocol users. Please refer to veLVVA section for details
The MOST fair tokenomics you've ever seen! NO investors, NO cliffs, NO vestings! Eventually around ~90% of $LVVA tokens will be distributed to the community one way or another, leaving the rest for the team.
| Allocation | Share | Description |
|---|---|---|
Token merge | 80%* | Merge with an existing project to onboard liquidity on CEX-es. |
Community allocation | 5% | To reward Spark point farmers and KOLs. |
Public Sale | 5% | To conduct a token sale. |
Treasury | 5% | Reserve for operational expenses. |
Team | 2.5% | Team allocation is subject to 12 mo. cliff and 24 mo. vesting. |
Early adopters | 2.5% | To fulfil early adopter commitments |
*Any unclaimed amount from the Token merge allocation will be distributed to the Treasury allocation and the Team allocation. Team allocation will be capped at 18% of the maximum supply.
750,000,000 LVVA tokens will be minted gradually over the course of next 5 years:
| Year | Emission | Total Emission | % of Total Supply |
|---|---|---|---|
1 | 375 000 000,00 | 375 000 000,00 | 18,75% |
2 | 187 500 000,00 | 562 500 000,00 | 28,13% |
3 | 93 750 000,00 | 656 250 000,00 | 32,81% |
4 | 46 875 000,00 | 703 125 000,00 | 35,16% |
5 | 46 875 000,00 | 750 000 000,00 | 37,50% |
The emission halves roughly each year (52 weeks). During the final fifth year the emission will be the same as for the fourth year to add up to the final allocation of 750M tokens. We will emit tokens uniformly over the course of the year, translating to the following emission schedule per week:
| Year | Tokens per week |
|---|---|
1 | 7 211 538,46 |
2 | 3 605 769,23 |
3 | 1 802 884,62 |
4 | 901 442,31 |
5 | 901 442,31 |
