Initial Supply
Last updated
Last updated
The initial supply of $YAKA
is 200M.
Pool | Percentage | Allocation |
---|---|---|
Of the initial supply, 30 million (15%) was allocated to dedicated SEI Chain users and new YAKA participants, rewarding their contributions to protocol stability through activities like locking, staking, and governance. The airdrop comprises 100% veYAKA.
Additionally, 12 million (6%) is reserved for the airdrop campaign with a one-month lockup, while 6 million (3%) is earmarked for Yaka Voyager NFT minters, with 30% available at TGE and the remainder over three months.
We're launching an airdrop of 40M (20%) veYAKA, targeting protocols that show a commitment to integrating with our liquidity layer. In selecting these protocols, we've aimed for a balanced mix of native SEI protocols and those from various other chains.
Post-launch, we reserved 30M (15%) veYAKA to distribute to our partner protocols. This allocation is designed to foster engagement within the ecosystem by providing grants to our partners.
10% of the total initial supply is allocated to the ecosystem fund, dedicated to supporting SEI ecosystem projects and building a VE(3,3) ecosystem. The token distribution for this allocation follows this schedule:
Tokens are locked for 1 week following the TGE (Token Generation Event). After this initial lock period, 12 million tokens (60% of the ecosystem allocation) are released. The remaining 8 million tokens (40% of the ecosystem allocation) will be linearly vested over the subsequent 16 weeks.
The YAKA team is allocated 16% of the initial supply, divided between vested $YAKA tokens and veYAKA, to ensure long-term dedication to the project. Core team members, receiving part of this in voted escrow tokens, will have their interests aligned with YAKA’s growth and stability. They'll vote on core pair gauges at launch, targeting deep liquidity and minimal slippage for significant pairs like $SEI and $YAKA, a strategy essential for steering YAKA's direction.
To prevent misuse, initial veYAKA allocation is secured under YAKA’s multisig, and balanced with vested $YAKA tokens (50% veYAKA locked for two years and 50% $YAKA vested with a six-month cliff) to ensure fair revenue distribution.
Additionally, 3.5% of emissions go to the Team address to support ongoing and future development, enhancing the Team's '$veYAKA' holdings and facilitating protocol growth and adoption.
3% of the initial supply will be paired with $USDC and/or $SEI, ensuring substantial liquidity at launch.
2% of the initial supply will be designated for CEX listings and market maker liquidity.
4%: 100% unlocked at TGE.
6%: 40% unlocked at TGE, 60% vested over 12 weeks.
(8% of the tokens are allocated for IDO, while 2% are designated for CEX listings and market maker liquidity.)
Community
24%
48,000,000
Partner Protocols
35%
70,000,000
Ecosystem
10%
20,000,000
Team
16%
32,000,000
Genesis Liquidity Pool
5%
10,000,000
Token Sale
10%
20,000,000