Tokenomic of ApeCoin

Modified on Fri, 17 Feb 2023 at 12:13 AM

The total supply of ApeCoin is permanently fixed at 1 billion tokens without any minting and burning capability, thus the total supply will never increase nor decrease.

The allocation of ApeCoin is quite similar to other renowned tokens; there is a vesting period for the tokens that were distributed to those who contributed to the project and early investors. The tokens will be gradually unlocked and released over a period of 48 months, starting from 17 March 2022.

There are 4 main groups for the allocation as followed:

62% - Ecosystem Fund
150,000,000 tokens to BAYC/MAYC, All unlocked for the claim at launch, 470,000,000 tokens to DAO treasury and resources, 117,500,000 unlocked at launch, then 7,343,750 unlocked per month for 48 months

16% - Yuga Labs and Charity
150,000,000 tokens to Yuga Labs Initial lock-up 12 months, then 4,166,666.67 unlocked per month for 36 months. 10,000,000 tokens or equal value donated to the Jane Goodall Legacy Foundation, Initial lock-up 12 months, then 277,777.78 tokens unlocked per month for 36 months.

14% - Launch Contributors
140,000,000 tokens to launch contributors. Lockup schedules vary by contributors, starting from 6 months to a maximum of 36 months.

8% - BAYC Founders
80,000,000 tokens to founders of Yuga Labs, initial lock-up for 12 months, then 2,222,222.22 unlocked per month for 36 months.

Interested in buying ApeCoin (APE)? Check the Market Now:

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