Tokenomics
Economic model of the $ATLA cryptocurrency
Last updated
Economic model of the $ATLA cryptocurrency
Last updated
The maximum supply of $ATLA is hardcoded and can only be modified through a governance decision driven by mass consensus.
Total Supply: 3,000,000,000 Max Supply: โ
Allocation
# token
%
Funding
705,000,000
23.50 %
Consensus
500,000,000
16.67 %
Team & Advisors
450,000,000
15.00 %
Treasury
539,000,000
17.97 %
Community
806,000,000
26.87%
Total
3,000,000,000
100%
Due to the nature of the private allocations, publication of the final, accurate emissions will be conducted in tandem with the release of mainnet. Tentative Date of Mainnet: Q4 2024
Execution Emission Initiation: TGE Execution Inflation Time: 72 Months Execution Inflation Emissions: 250,000,000 $ATLA
Data Storage initiation: 12 months after TGE Data Storage Inflation Time: 72 Months Data Storage Inflation Emissions: 250,000,000 $ATLA
Total Inflation Duration: 84 months Tentative Inflation Rate: 4%
Automated Supply Management:
Once the total supply of 7,500,000,000 $ATLA has been injected into circulation; an anti-inflation burn mechanism will be engaged to combat any potential excess emissions of the native 4% inflation.
The $ATLA token generation event will take place simultaneously with the launch of mainnet. Immediately upon the creation of the genesis block, a certain percentage of $ATLA tokens will come into circulation.
* these are tentative numbers that are subject to fluctuations as deemed optimal (based on variable external and internal factors) at the moment of launch.
# In Circulation: 417,169,706 $ATLA % of total supply: 13.91%
# of $ATLA Generated: 83,219,705.94 $ATLA
Tokens that are locked as collateral into validator nodes. These tokens remain locked for the duration of their vesting periods; after which they begin unlock linearly. *Unlocked tokens do not automatically make it into the marketplace, they simply become fully under the control of their associated operator and the operator become capable of deciding what ultimately happens with them.
# of $ATLA Generated: 140,000,000 $ATLA
Reservoir of $ATLA that are directed towards supporting the economic growth/presence of $ATLA. These coins do no enter circulation without validation from the token holder community. Primary use cases include; bootstrapping network operations, providing an insurance fund as a backstop of last resort for unanticipated events that happen reg liquidity providers, validator mis-behaviors, et al; as well as, growing the ecosystem through partnerships.
# of $ATLA Generated: 115,250,000 $ATLA
Increasing presence and opening channels of $ATLA's organic distribution for the public by launching campaigns to attract participants {via ecosystem growth programs (ecosystem/ambassador)/, support open sourced initiatives {Web3 tooling}, help partners incentivize and subsidize opportunity costs for users that allocate attention/capital to ATLETA.
# of $ATLA Generated: 78,700,000 $ATLA
Tokens that are locked as collateral into validator nodes. These tokens remain locked for the duration of their vesting periods; after which they begin unlock linearly. *Unlocked tokens do not automatically make it into the marketplace, they simply become fully under the control of their associated operator and the operator become capable of deciding what ultimately happens with them.
The total outstanding supply that will come into circulation over the course of 72 months after the token generation event. Once emissions conclude, the system will achieve 0% inflation, and immediately have its economic policy shift into a deflationary one.
Private Sale
Cliff: 6 months
Vesting: 18 months
Method: 1/"x"th of total allocation p/ month minus token generation event.
Team
Cliff: 18 months Vesting: 24 months Method: 1/"x"th of total allocation p/ month minus token generation event.
Incentives
Cliff: Variable Vesting: 48 months Method: 1/"x"th of total allocation p/ month minus token generation event.
Advisors
Cliff: 12 months
Vesting: 24 months
Method: 4 total proportionate unlocks every 6 months into treasury for community vote.
Treasury
Cliff: 12 months Vesting: 18 months Method: linear months unlocks, 1/18th of total allocation minus token generation event.
Consensus Rewards
Cliff: N/A
Vesting: N/A
Method: linear monthly unlocks over 72 months