ARCH Token Report
Archer DAO Governance Token distribution and metrics
This post is aimed at clarifying the ARCH token distribution and token metrics from the initial sale, team and advisors, foundation, development, marketing, DAO participation and dex liquidity.
The tokens will be distributed in the following way, with a 100M ARCH total supply:
We have sold 11% of the ARCH tokens in an initial sale. In total, 11M ARCH tokens were sold for USD 1.3M (average price per token USD 0.13). The sale rounds and vesting schedules are as follows:
- 4,000,000 at USD 0.10 — 25% unlocked; 75% six-month vesting schedule
- 6,250,000 at USD 0.12 — 25% unlocked; 75% six-month vesting schedule
- 750,000 at USD 0.20 — unlocked
The initial circulating supply from the sale will be 3,312,500 ARCH tokens.
1% of the tokens — 1,000,000 ARCH — will be used for dex liquidity. Any resulting liquidity tokens will be owned by the DAO treasury. The liquidity will be locked for no less than six months.
14% of the tokens belong to the founding team and advisors. All team and advisor tokens vest over two years with a six-month cliff.
All vesting balances mentioned above will vest in a smart contract according to a linear and continuous schedule. Grantees may claim unlocked balances at any time. All tokens in the vesting contract count towards voting power in Archer DAO.
50% of the ARCH token supply will be held by the DAO treasury. These tokens are intended to incentivize DAO participation, as explored in our overview of network governance.
The remaining 24% of ARCH tokens will be held in a team multisig. These tokens are earmarked for foundation, marketing and development budgets over the next 12 months. It is reasonable to assume the following:
- Foundation tokens will be locked until they are required.
- Marketing and Development tokens are effectively vesting over the 12-month period and will only be utilized for extreme value-add activities.
We welcome any questions about the token distribution in Discord or Telegram.
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