Distribution and Mechanism

1. Token Issuance and Distribution

Initial Token Distribution

Tokens
% tot. supply
Initial unlock
Lockup
Vesting
Vesting

Ecosystem 32%

Loyalty Program

200 000

2%

0%

12

6

Linear

Development

2 000 000

20%

0%

12

12

Linear

Market Maker

1 000 000

10%

15%

0

12

Linear

Marketing & PR 37%

Affiliate programs

700 000

7%

0%

12

6

Linear

Marketing and listing

3 000 000

30%

5%

6

24

Linear

Team & Core 31%

Team

2 000 000

20%

0%

12

12

Linear

Advisors

1 100 000

11%

0%

12

12

Linear

Total

10 000 000

100%

20%

0-12

6-24

Linear

Vesting and Lockup Periods

To ensure the long-term stability of the token value and to prevent market flooding, 8LENDSs are subject to vesting and lockup periods:

  • Vesting Period: Tokens are gradually released over a period of 6 to 24 months.

  • Lockup Period: Tokens are locked for a period ranging from 0 to 12 months before they can be accessed.

2. Modular Token Issuance Mechanism

The modular issuance mechanism ensures a balanced supply of 8LENDS, adjusting based on actual demand and specific needs within the ecosystem. This mechanism includes three main types of issuance:

Basic Issue

  • Purpose: Provides the initial token pool necessary for the project’s realization and team motivation.

  • Function: Ensures that foundational tokens are available to support early development and operational needs.

Smart Issue

  • Purpose: Introduces demand-backed 8LENDS into circulation based on project funding requests.

  • Function: Ensures tokens are issued when there is justified demand, maintaining a balanced supply.

  • Example: For a $500,000 loan, 575,000 8LENDS are issued and locked in the Treasury.

Demand Issue

  • Purpose: Regulates demand to smooth price growth during periods of high demand.

  • Function: Tokens are available for purchase in a special liquidity protocol (SC Sale), ensuring fair market valuation.

  • Example: During a period of increased investment interest, additional tokens are made available through SC Sale to meet the demand without causing price spikes.

The project does not plan to sell tokens, as it has all the necessary resources

and competencies to create a crowdlending platform for the web3 era.

Circulating offers 30 months

Last updated