Token Distribution
Tokenomics
Tokenomics
The SEA Token is a deflationary governance token for the SeahorseFi protocol.
SEA liquidity stakers will collect a portion of the protocol fees in the future after the transition to a Decentralized Autonomous Organization (DAO)
The SEA Token will only have a total maximum supply of 15,000,000 tokens.
There will be a 2 Year Emission Schedule for the SEA Governance token to be distributed linearly via various avenues.
All supply distributions are subjected to change with the community feedback and governance discussions over time in the interest of the SeahorseFi protocol’s growth.
Initial Mint
The initial mint will be 19% of the total maximum SEA supply.
The breakdown can be found below:
Allocation Category | % of Max Supply | Number of tokens |
---|---|---|
Liquidity Bootstrapping (NFT Collection) | 4% | 600,000 |
Strategic partnerships/marketing/protocol growth | 15% | 2,250,000 |
Distribution
The remaining 81% of the total SEA supply will be minted over a time span of 2 years following the Emission Schedule. The emissions to be distributed can be found below:
Allocation Category | % of Max Supply Allocated | Number of tokens |
---|---|---|
Emission Rewards | 50% | 7,500,000 |
Treasury | 15% | 2,250,000 |
SEA Emission Core Team Funds (Vested monthly) | 16% | 2,400,000 |
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