REVA token allocation
Last updated
Was this helpful?
Last updated
Was this helpful?
This is how the REVA tokens will be allocated:
30% of the total REVA supply, or 5,454,545.4 REVA tokens were pre minted and distributed as follows:
25% to the vesting contract that manages the team and strategic seed investors 1 year linear vesting:
Team - 15%
Strategic seed investors - 10%
Vesting contract address:
5% to the presale, ILO event, and 2 years liquidity lock:
1.25% of the total REVA supply or 227,272.725 REVA tokens were distributed in the private sale in exchange for 735 BNB. Private sale smart contract address:
1.25% of the total REVA supply or 227,272.725 REVA tokens were distributed in the Initial liquidity offering event that took place via Poolz, Lightning, and infinity launch pads in exchange for $437,500 BUSD
2.5% of the total REVA supply or 454,545.45 REVA tokens locked with the 735 BNB + 437,500 BUSD in Pancakeswap for 2 years. After 2 years, the treasury can reclaim the LP tokens and use it if the community will decide so. Liquidity providing transaction: LP tokens lock transaction: To understand why only 396,892 instead of 454,545.45 REVA tokens was provided please see this DAO proposal:
70% of the total REVA supply, or 12,727,272.6 REVA tokens will be minted over time as follows:
15% of the total REVA supply or 2,727,272.7 REVA tokens are distributed to Revault Network vaults as TVL rewards. Revault Network users will receive REVA tokens based on their relative part of platform TVL. For example: if the platform TVL is $100,000,000, and a user deposited $1,000,000 worth of assets in total he will be entitled to 1% of the 15% TVL rewards.
20% of the total REVA supply or 3,636,363.6 REVA tokens are distributed to REVA stakers. REVA Staking Pools:
no lock: 2% (Bronze DAO share)
7 days lock: 4% (Silver DAO share)
30 days lock: 6% (Gold DAO share)
90 days lock: 8% (Premium DAO share)
25% of the total REVA supply or 4,545,454.5 REVA tokens are distributed to REVA liquidity providers The 25% will be used to create liquidity incentives, initially as regular farming, and eventually via liquidity bonding to increase the protocol owned liquidity.
10% of the total REVA supply or 1,818,181.8 REVA tokens are distributed to Revault Network treasury which can be used for varied purposes helping the development of the project such as hiring for external audits, fund incentives, community engagement, and marketing.
