🪙$GLX

$GLX: The Core Utility Token of the GlexAI Ecosystem

Total Supply: 1,000,000,000 $GLX (1 Billion)

Summary:

  • 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

Token Distribution:

1. CPU Contribution Rewards: 400,000,000 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.

2. Treasury: 150,000,000 tokens

  • 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.

Public Sale: 80,000,000 tokens

  • Initial Release: 50% at TGE

  • Purpose: Raises initial funding and distributes tokens to a broad base of users.

Research & Development (R&D): 60,000,000 tokens

  • Vesting Schedule: 6-month cliff followed by 3 years of linear vesting.

  • Purpose: Supports ongoing development and innovation within the ecosystem.

Ecosystem Grants: 50,000,000 tokens

  • 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.

Seed Investors: 100,000,000 tokens

  • 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.

Contributors: 100,000,000 tokens

  • Vesting Schedule: 3-month cliff followed by 2 years of linear vesting.

  • Purpose: Rewards key contributors and team members for their efforts.

Liquidity: 60,000,000 tokens

  • 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

Last updated