TLDR:
- Circulating supply of Lista Tokens on launch (June 20) is 23%
- LISTA’s unlocking schedule
- The current emission rate of LISTA tokens under community incentives is set at 312,500 LISTA per week
- During Lista DAO’s transition to a fully decentralized organization, the original emissions will be split into two equal portions.
The token unlocking schedule for LISTA is a crucial aspect of our project, ensuring transparency and predictability for all stakeholders. In this article, we will provide a detailed breakdown of the different unlocking schedules for various token allocations and explain how our ongoing transition phase to a full fledged DAO may temporarily affect the unlocking schedule.
Circulating supply at launch.
The circulating supply of LISTA tokens refers to the total amount freely available for trading without any transfer restrictions. Here is the breakdown of LISTA’s circulating supply upon launch:
- Binance Megadrop: 10% of LISTA’s total token supply is allocated to the Binance Megadrop, all of which was unlocked at launch.
- Airdrop Campaign: 8.5% of LISTA’s total token supply is allocated to our Airdrop campaign, fully unlocked at launch.
- Ecosystem Growth: 3.5% of LISTA’s total token supply is allocated to ecosystem growth, fully unlocked at launch.
- Investors & Advisors: 1% of LISTA’s total token supply is allocated to investors and advisors, fully unlocked at launch.
This brings the total circulating supply of LISTA at launch (June 20, 2024) to 23%, or 230,000,000 LISTA tokens.
Detailed Unlocking Schedules
Binance Megadrop (10.00%)
The entirety of the token supply allocated towards the Binance Megadrop will be unlocked on launch day.
Airdrop (10.00%)
At Launch, 85% of the tokens allocated to the Lista DAO’s airdrop, equating to 8.5% of the total token supply, will be unlocked. The remaining 15%, which is 1.5% of LISTA’s total token supply, will be unlocked by the end of September.
Investors & advisors (19.00%)
At Launch, 1% of the total token supply was unlocked. The remaining 18% will be locked for a one-year cliff until June 2025. From June 2025 onwards, this portion will be vested and unlocked linearly every quarter over the next two years until March 2027.
Team (3.50%)
100% of the token supply allocated to the Lista DAO team will be locked for a one-year cliff until June 2025. From June 2025 onwards, this portion will be vested and unlocked linearly every quarter over the next five years until March 2029.
Community (40.00%)
Token emissions for community incentives will kickstart in July 2024 once veLISTA goes live. The emission rate will decrease by 1/√2 each year until June 2044, following the formula detailed below:
n: When n = 1 , it represents the token emissions for the first year. In the final year, n=20
r: r is the common ratio of the geometric series: 1/√2
S: S is the sum of the geometric series: which is 40% of the token emissions, equating to 400 million LISTA
Emission Schedule for Community Incentives
As Lista DAO is still in its transition phase, the current emission rate is set at 312,500 LISTA per week. This rate is divided as follows:
- veLISTA Holders: 250,000 LISTA/week
- Lista DAO related LPs: 62,500 LISTA/week
More details regarding the transition phase will be explained later in the article.
DAO treasury (8.00%)
100% of the token supply allocated towards Lista DAO’s treasury will be locked for a three-month cliff. From September 2024 onwards, this portion will be vested and unlocked linearly every quarter over the next four years until June 2028.
Ecosystem (9.50%)
At launch, 3.50% of the total token supply was unlocked, with 0.5% allocated towards PancakeSwap’s IFO. The remaining 6% will be unlocked every quarter over the next five years until March 2029, with specific allocations detailed in the provided table.
Lista Transition Phase
During Lista DAO’s transition towards a fully decentralized Autonomous Organisation (DAO), the originally planned emissions for Lista DAO, which is 9,772,651 LISTA tokens/month in the first year, will be split into 2 equal portions of 4,886,325.5 LISTA tokens each.
First Half: The first half of the LISTA token emissions (4,886,325.5 LISTA/month in the first year) will be dynamically adjusted each month based on current needs. Prior to the emission of this portion, the community will be duly notified.
Second Half: The second half of the Lista token emissions (4,886,325.5 LISTA/month in the first year) will be channeled towards community incentives but not emitted immediately. The emission amount will gradually increase based on the progress of Lista’s platform deployment. The increase in emissions will be capped at 1,221,581 LISTA/week, or in other words, 4,886,325.5 LISTA/month in the long run.
As of now, the emission rate of LISTA is currently set at 312,500 LISTA/week. All remaining unissued LISTA tokens will continue to be allocated to community incentives, with future decisions on emission rates determined through DAO voting. As we complete our transition to a DAO, the power to adjust LISTA’s current emission parameters will also progressively shift to veLISTA holders.
Conclusion
The structured unlocking schedule for LISTA tokens ensures a balanced and transparent distribution across various stakeholders, fostering a healthy and sustainable ecosystem. As we gradually transition into a DAO, we are temporarily adjusting these schedules to meet the evolving needs outlined in our Lista Transition Phase. Our commitment to transparency and strategic allocation aims to support the long-term growth and stability of the Lista community.
