⚖️Token Allocation
Last updated
Last updated
The largest allocation, comprising 56% of the total token supply, is dedicated to the community. This allocation is a testament to our commitment to fostering a vibrant and engaged community. Users will actively participate in the growth and utilization of the token, driving its adoption.
With 14% of the token supply allocated for liquidity provisions at launch, we ensure a robust and fluid trading environment on both centralized and decentralized exchanges. This allocation incentivizes market liquidity, enabling smooth and efficient trading experiences for all participants, while bolstering the overall stability of the token. 75m $JPG of the 140m in this allocation will be used by the Wave ADA Yield Fund to provide liquidity on Minswap at the launch of $JPG, as well as other DEXs when we launch them at later dates. The remaining 65m $JPG will be used by the foundation to provide pairing on Centralized Exchanges, Yield Farming to DEXs, as well as other liquidity initiatives. If more liquidity is needed in the future, it will be provided from the foundation treasury.
This allocation empowers the foundation to manage and oversee the day-to-day operations of the token ecosystem. The foundation's role includes governance, administration, marketing and strategic development to ensure the long-term success and sustainability of the $JPG Token. This treasury will also be used towards development costs associated with platform integrations, partnerships, and future endeavors. Instead of having several different tiers of allocations for marketing, administration/legal, etc, we decided to join them together as one to have more flexibility in the future. If more liquidity is needed for exchanges and launches, it will be provided from this treasury as needed.
An allocation of 5% is reserved for investors who will contribute to the token's growth and development. This allocation acknowledges the support of early backers who share our vision for a thriving and innovative ecosystem.