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Tokenomics & Distribution
An overview of the currently proposed tokenomics for $LONIA.
lonia tokenomics
We've developed the initial proposal for $LONIA token distribution having the following goals in mind.
1: Heavy incentives for adopters to join and play in the Cardalonia ecosystem through the stake to earn and play-to-earn rewards.
2: Access to $LONIA for the Cardalonia team to be able to lead growth oriented competitions and partnerships in Cardalonia.
3: Staking to give players & Land owners the ability to earn $LONIA over time.
50,000,000 (50%) total $Lonia is alloted to early adopters which would give them early bird access to Mint Cardalonia Lands.
20,000,000 (20%) total $LONIA will be locked up and distributed over a 3 year target timeline to $LONIA token and land owners that stake their assets.
*You do not need to stake your asset for 3 years. What we're saying is that the total reserves will be targeted to be depleted around the 3 year mark from when staking starts.
10,000,000 (10%) total $LONIA will be locked up in the Cardalonia team's treasury.
35% of this Team $LONIA allocation will be used for in-game promotions, partnership incentives, in-game events and much more.
4,000,000 (4%) total $LONIA supply will be allocated to our advisors.
8,500,000 (8.5%) of the total $LONIA allocation will be reserved for Liquidity purposes and exchange integrations.
6,000,000 $LONIA tokens will be used for marketing to further create awareness of the Cardalonia project.
We have reserved 1,500,000 Lonia tokens for Airdrops and to reward early users.
Last modified 4mo ago