Token Distribution
Total Supply: 1,000,000,000 (1B) tokens
This supply includes all forms of the token:
- CYPH (liquid)
- oCYPH (option token)
- xCYPH (locked/staked)
note
They are different representations of the same underlying supply.
The initial distribution of CYPH follows the split shown below
Allocation
| Allocation | Percentage | Tokens (at 1B max supply) |
|---|---|---|
| Community Rewards | 65% | 650,000,000 |
| Core Contributors | 15% | 150,000,000 |
| Fair-launch sale | 10% | 100,000,000 |
| DAO funds | 7% | 70,000,000 |
| PoL | 3% | 30,000,000 |
Community Rewards
Community Rewards represent all programmatic incentives distributed directly to users and liquidity providers. The primary components include:
- Genesis participation rewards
- Liquidity incentives
- Trading & routing incentives
- Launchpad participation rewards
- Ecosystem airdrops
- etc.
tip
“PoL” refers to Protocol-owned Liquidity.