$INTL Tokenomics
Community (Incentives & Grants) | 40% | 400M |
Protocol Development (ISC Labs & Insurance Fund) | 40% | 400M |
Core Contributors | 20% | 200M |
i. Total Supply (1B)
The fully diluted token supply for $INTL is set at 1 billion tokens, providing ample opportunity for ISC users to acquire and hold a stake in the governance of ISC and fund ISCβs infrastructure and development.
ii. Community: Incentives and Grants (400M - 40%)
To foster growth and innovation within the ISC ecosystem, we have allocated a portion of resources for community-driven projects. This includes providing grants to support third-party projects that contribute to the ISC ecosystem's development. These grants will be awarded following our governance model, whereby the DAO has the ability to veto each grant proposal. This method ensures that the funds are used in a way that aligns with the community's vision for ISC.
Additionally, part of this allocation includes various incentives to actively engage and reward our community members in helping ISC grow.
iii. Protocol Development: ISC Labs and Insurance Fund (400M - 40%)
ISC Labs will use this allocation to enable various internal initiatives, including raising capital and hiring world-class talent. This is important for long-term success as it enables the ISC Team to build a strong foundation for the project, including developing the necessary technology, developing strategic partnerships, and executing community engagement strategies.
In addition, a substantial focus of this allocation is for the establishment of Insurance Fund. This fund is a cornerstone of our commitment to the security and stability of the ISC Reserves. It's designed to provide an extra layer of protection, ensuring that the user funds are safeguarded against unforeseen market conditions or black swan events.
iv. Core Contributors (200M - 20%)
The tokens for core contributors will be unlocked over a period of 5 years, with no unlock at TGE. This approach encourages long-term thinking and decision-making, while avoiding any potential negative effects of immediate token liquidity.
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