đToken Distribution
KBL Tokenomics, Distribution and Vesting periods.
At Genesis, 1,000,000,000 $KBL tokens will be fully minted upfront.
Initially, 20% of the total supply will be available immediately, while the remaining 80% will be locked and gradually distributed over a 6-year period from a vesting Smart Contract.
Distribution and Allocations
The $KBL token will be distributed among seven different categories:
Ecosystem Growth
Allocation: 300 million KBL
% of total supply: 30%
Distribution: Linear vesting of 250M in the first 3 years & 50M in the last 3 years
Destination: DApp incentives, staking rewards, community grants.
Account ID: 0.0.6075564 (MultiSig 6/10)
Core Development
Allocation: 250 million KBL
% of total supply: 25%
Distribution: Linear vesting of 200M in the first 3 years & 50M in the last 3 years
Destination: Product development and operations
Account ID: 0.0.6075605 (MultiSig 6/10)
Community
Allocation: 150 million KBL
% of total supply: 15%
Distribution: 100% available on TGE
Destination: Community INO and Early Airdrops
Account ID: 0.0.6075619 (MultiSig 6/10)
Stakeholders
Allocation: 120 million KBL
% of total supply: 12%
Distribution: 1 year cliff, 70M linear vesting in the next 2 years & 50M in the last 3 years
Destination: Team, partners and early investors
Account ID: 0.0.6075628 (MultiSig 6/10)
Marketing
Allocation: 90 million KBL
% of total supply: 9%
Distribution: Linear vesting of 90M in 3 years
Destination: Inbound and outbound marketing actions
Account ID: 0.0.6075634 (MultiSig 6/10)
Creators Council
Allocation: 60 million KBL
% of total supply: 6%
Distribution: Linear vesting of 60M in 3 years
Destination: Council operations and performance incentives
Account ID: 0.0.6075643 (MultiSig 6/10)
Liquidity
Allocation: 30 million KBL
% of total supply: 3%
Distribution: 100% available on TGE
Destination: Liquidity pools, liquidity incentives, and CEX fees
Account ID: 0.0.6075664 (MultiSig 6/10)
Circulating Supply Notes
It's important to understand that token unlocks does not mean the all the unlocked tokens will enter circulation. It only means that these tokens are available to be used.
For example, at Genesis, 200M tokens (20% of total supply) will be immediately available but less than 150M tokens will enter circulation on TGE. While the rest will gradually enter circulation over the following months and years.
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