Distribution
All information about WMX token distribution and emission is presented in this section
Last updated
All information about WMX token distribution and emission is presented in this section
Last updated
Allocation | Amount (in millions, M) | Percentage of Max Supply | Lock-up and vesting rules |
---|---|---|---|
Private Sale (for vote-locked WMX tokens)* | 10.0M | 10.0% | 0% initial unlock, followed by block-by-block linear vesting over 2 years.* |
PancakeSwap IFO | 4.0M | 4.0% | 20% initial unlock, followed by block-by-block linear vesting over 90 days. |
Syrup Pool | 1.0M | 1.0% | 0% initial unlock, followed by block-by-block linear vesting over 60 days. |
Wombat Wars Reward Incentives^ | 50.0M | 50.0% | 0% initial unlock, with emission based on pro-rata calculation derived from every WOM mined by Wombex LPs. Estimated figures for [1M, 6M, 1Y] are [2.9M, 9.7M, 16.7M]; emissions are released at a diminishing rate. |
Community Treasury | 2.0M | 2.0% | 2.5% initial unlock, followed by block-by-block linear vesting over 2 years. |
Liquidity Mining Rewards | 10.0M | 10.0% | 5% initial unlock, followed by block-by-block linear vesting over 4 years. |
Team* | 13.5M | 13.5% | 0% initial unlock, followed by block-by-block linear vesting over 2 years.* |
Liquidity Provision, Market Making, and Marketing | 3.5M | 3.5% | 33% initial unlock, followed by monthly linear vesting over 1 year. |
Wombat Whitelisting and WOM Treasury | 3.0M | 3.0% | 0% initial unlock, with one-sixth of the allocation released every 4 months for 2 years. |
WOM Wars Bootstrap event | 2.0M | 2.0% | 0% initial unlock, and distributed to LPs who locked WOM into Wombex for first 2 weeks. Users have the option to lock tokens for 16 weeks, or to claim them to a wallet with a 30% penalty. |
Targeted Airdrop for DeFi Communities* | 1.0M | 1.0% | 0% initial unlock, and distributed to high-impact DeFi communities. Users are only able to claim mandatory vote-lock WMX tokens (vlWMX), which has a compulsory 16-week cliff.* |
Total | 100M | 100.0% |
*For the Private Sale, Team, and Targeted Airdrop tokens, the allocation is distributed in the form of mandatory vote-lock WMX tokens (vlWMX), which has a compulsory 16-week cliff. For clarity, these tokens cannot be sold for the first 16 weeks. ^ For more details on the Wombat Wars Reward Incentive emissions rate, please see details below.
The 50% of WMX supply will be issued for WOM mined by Wombex LPs. It's the amount of WMX rewards fueling WOM Wars for the Wombex community. The mining curve with an emission formula (WMX per 1 WOM mined) is presented on a chart below:
Note that the actual number of issued WMX at any given moment depends on the amount of WOM mined by Wombex LPs. Based on a total of 200m WOM available to be mined by LPs in Wombat, we assumed that the lifetime amount of mined WOM for Wombex (max WOM mined ever by Wombex) is 120m.
Here is the table with assumptions on how many WMX will be issued vs. time based on the speed of WOM rewards distributed in Wombat and Wombex LP market share estimation as 60%.
For [1M, 6M, 1Y] the estimation of pro-rata issued WMX amount is [2.9M, 9.7M, 16.7M], correspondingly.