Introduction:
The community has inquired more info about HeliSwap’s tokenomics on multiple occasions already. We are proud to present you the final version in this medium article!
Recap of HeliSwap:
Ever since the Hedera Network has made smart contract capabilities publicly usable, the HeliSwap team has been working on bringing a new DEX to the ecosystem that allows for swaps between ERC20, HTS and HBAR tokens. This is a novelty in this space!
Tokenomics:
The HELI token that will be used for governance purposes on the DEX, will have the following tokenomics:
Total HELI Token Supply: 888,888,888 HELI
The emission schedule for the coming 5 years:
Public Sale:
For public to participate in public sale via launchpads
- 2.50% of total supply, or 22,222,222.2 HELI
- 33% of public sale or 7,333,333.26 HELI liquid at TGE
- 3 months linear vesting per block
Private Sale Tier 1:
For interested parties to participate in private sale
- 5.00% of total supply, or 44,444,444.4 HELI
- 3 months cliff
- 9 months linear vesting per block
Private Sale Tier 2:
For interested parties to participate in private sale
- 2.50% of total supply, or 22,222,222.2 HELI
- 1.5 months cliff
- 7.5 months linear vesting per block
Team & Advisors:
Long term incentivised team and advisor bucket
- 20.00% of total supply, or 177,777,777.6 HELI tokens
- 24 months cliff
- 36 months linear vesting per block
Grants:
To further promote the growth and development of the DEX
- 7.50% of total supply, or 66,666,666,60 HELI tokens
- 10.00% of grants or 6,666,666,66 HELI tokens liquid at TGE
- 60 months linear vesting per block
Token Drops:
To incentivise the supporters
- 5.00% of total supply, or 44,444,444,4 HELI tokens
- 10.00% of token drops, or 4,444,444.44 HELI tokens liquid at TGE
- 18 months linear vesting per block
Marketing and Operations:
For marketing and operations purposes to keep the DEX running and promote it accordingly
- 5.00% of total supply, or 44,444,444,4 HELI tokens
- 36 months linear vesting per block
DAO Pool:
Pool to be governed by the DAO
- 10.00% of total supply, or 88,888,888.8 HELI tokens
- 12 months cliff
- 36 months linear vesting per block
Council Treasury:
Pool to be governed by the council until the DAO is established
- 7.50% of total supply, or 66,666,666.6 HELI tokens
- 30.00% of council treasury, or 19,999,999.98 HELI tokens liquid at TGE
- 36 months linear vesting per block
Ecosystem Rewards:
To reward the community
- 35.00% of total token supply, or 311,111,110.8 HELI tokens
- 10.00% of ecosystem rewards, or 31,111,111,08 HELI tokens liquid at TGE
- 60 months linear vesting per block
In case you have questions feel free to join our TG and ask the admins or moderators directly.
- Telegram: https://t.me/heliswap
- Twitter: https://twitter.com/HeliSwap_DEX
- Email: contact@heliswap.io
About HeliSwap
HeliSwap is bringing DeFi to Hedera by launching its first DEX and DAO to unlock the power of Ethereum in the ecosystem, supporting swaps between HTS, ERC20s and HBAR in a cost-effective and permissionless way.
