🪙$GLX
$GLX: The Core Utility Token of the GlexAI Ecosystem
Last updated
$GLX: The Core Utility Token of the GlexAI Ecosystem
Last updated
Total Supply: 1,000,000,000 $GLX
CPU Contribution Rewards (40%): 400,000,000 tokens
Treasury (15%): 150,000,000 tokens
Public Sale (8%): 80,000,000 tokens
R&D (6%): 60,000,000 tokens
Ecosystem Grants (5%): 50,000,000 tokens
Seed Investors (10%): 100,000,000 tokens
Contributors (10%): 100,000,000 tokens
Liquidity (6%): 60,000,000 tokens
Details: 90-day lock period, with a 6-month staking requirement to redeem tokens.
Purpose: Incentivizes and rewards those contributing their CPU power to the network.
Initial Release: 10% at Token Generation Event (TGE)
Vesting Schedule: 12-month cliff followed by 11-month linear vesting.
Purpose: Ensures the long-term financial health and sustainability of the project.
Initial Release: 50% at TGE
Purpose: Raises initial funding and distributes tokens to a broad base of users.
Vesting Schedule: 6-month cliff followed by 3 years of linear vesting.
Purpose: Supports ongoing development and innovation within the ecosystem.
Initial Release: 100% at TGE
Vesting Schedule: 4-month cliff followed by 20 months of linear vesting.
Purpose: Funds projects and initiatives that enhance the ecosystem.
Initial Release: 20% at TGE
Vesting Schedule: Remaining tokens vested over 12 months.
Purpose: Provides early funding and aligns incentives with long-term project success.
Vesting Schedule: 3-month cliff followed by 2 years of linear vesting.
Purpose: Rewards key contributors and team members for their efforts.
Initial Release: 100% at TGE
Purpose: Provides liquidity to exchanges and ensures smooth trading operations.
This structure still ensures a balanced distribution that incentivizes contributors, supports project development, and maintains sufficient liquidity and reserves for future needs
