Token Allocation
TGE
Polyquest is preparing for its Token Generation Event (TGE), which marks the official launch of the $POLY token. Although the token has already been issued, it has not yet been officially launched or distributed. The distribution of tokens will commence during the TGE, ensuring that all token holders receive their allocations as planned.
Prior to the TGE, a small amount of $POLY tokens may be distributed for marketing purposes. Any such distributions will be clearly announced, specifying both the amount and the purpose to maintain transparency with our community. Stay tuned to our official channels for the latest updates on the TGE and any preliminary token distributions.
Initial Circulating Supply
The $POLY token will have an initial circulating supply of 185 million upon its official launch date.
The initial supply will be distributed entirely, as below, based on the distribution schedule.
100,000,000 $POLY to Fund:
5,000,000 $POLY to Team:
20,000,000 $POLY to Reward:
60,000,000 $POLY to Strategic:
Allocation
The $POLY token allocation outlines the distribution plan for the total supply of tokens within the Polyquest ecosystem. This allocation ensures a balanced distribution among key stakeholders, including the community, team, investors, and partners, to support the platform's growth and sustainability. The specific percentages and vesting periods are designed to incentivize long-term participation and align with Polyquest's strategic objectives.
Fund 300,000,000 (30%)
50,000,000 | The seed round will have an 18-month vesting period starting from the TGE
100,000,000 | The private round will have an 8-month vesting period from the TGE
150,000,000 | The public round will have a 2-month vesting period from the TGE
Please note that the allocation proportions for each funding round are subject to change before the TGE
Team 200,000,000 (20%)
5,000,000 | The Bonus Team allocation will have an 18-month vesting period starting from the TGE
150,000,000 | TEAM ESOP will be locked for 24-month and have an 25-month vesting period after lock up period
Reward 200,000,000 (20%)
100,000,000 | Staking Reward will have an 18-month vesting period starting from the TGE
100,000,000 | Partner Reward will have an 18-month vesting period starting from the TGE
Strategic 300,000,000 (30%)
50,000,000 | Marketing will have an 8-month vesting period starting from the TGE
50,000,000 | Exchanges will have an 8-month vesting period starting from the TGE
50,000,000 | Market Making will have an 8-month vesting period starting from the TGE
150,000,000 | Strategic Partner will have an 8-month vesting period starting from the TGE
"Please note that allocations may be locked based on agreements with partners and other stakeholders. The official allocation will be announced prior to the TGE."
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