Tokenomics
Transfer Restrictions
The content contained in this website does not constitute an offer or sale of securities in or into the United States, or to or for the account or benefit of U.S. persons, or in any other jurisdictions where it is unlawful to do so.
Transfer of BIT tokens may be subject to legal restrictions under applicable laws. Under no circumstances shall BIT tokens be reoffered, resold or transferred within the United States or to, or for the account or benefit of, U.S. persons, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act of 1933, as amended.
Supply and Inflation
Fixed supply of 10,000,000,000 BIT tokens.
BIT Token Address
0x1A4b46696b2bB4794Eb3D4c26f1c55F9170fa4C5
Distribution and Vesting
Category
Total Supply
Available at Launch
Cliff Period
Vesting Schedule After Cliff
Private Sale
5%
0%
3 months
Vested linearly over 12 months
Launch Partner Rewards
5%
5%
N/A
N/A
BitDAO Treasury
30%
10%
3 months
Vested linearly over 12 months
Bybit Flexible
15%
15%
N/A
N/A
Bybit Locked
45%
0%
12 months
Vested linearly over 24 months
Note: Private sale and launch partner rewards are still being finalized, and the numbers are subject to change. Unallocated amounts will be returned to Bybit.
Private Sale
- First vesting: October 15, 2021
Launch Partner Rewards
- 2.6% for SushiSwap
- Remaining TBD
BitDAO Treasury
- BitDAO Treasury will hold 30% of total BIT tokens
- Tokens can be used for swaps, grants, milestone rewards, etc. All usage will be executed only after a DAO proposal and vote.
- Treasury tokens are effectively owned by token holders in proportion to their token holdings (e.g. a 1% token holder has a look-through ownership of 1% of the 30%, or an additional 0.3% of overall tokens)
Bybit Flexible and Bybit Locked
Bybit has pledged to contribute significantly to the BitDAO treasury, see details here. As a result Bybit will hold a large percentage of BIT tokens at launch. As these tokens are privately held by Bybit, they can be used for any purposes, including: to establish R&D centers to support BitDAO, to support Bybit business growth, to reward Bybit or BitDAO affiliated R&D center employees and stakeholders.
Address List
Category
Address
Private Sale
0x117c7c3835e7465926AE4ebc3F4e5A3c5afE108d
Launch Partner Rewards
0xF405127e31E96216F6214983546E7A2dE2b9881b
0xd9107D1d077C2516e83cB41f41883570D904f050
BitDAO Treasury
0x02c2E03c5F241794909D953F5b8fA630856F172C
0x78605Df79524164911C144801f41e9811B7DB73D
Bybit Flexible
0x5a076b2D0941F2BC9b49d05D3a1FF9C7aCDc5e78
Bybit Locked
0xE5791f93b997c7Fc90753A1f2711E479773a2A87
0xf6032C7c15bF4B56bfc5D69208f9ce47F5958512
0xb67e28a7e0D1AD886eeeb18B0BDa55b7Efb56113
0x991A91681f80cb890338B89C1A72be719A902d8B
0x16fE6e64447051b1Eb68d6408F041ac22f6fd563
0x44b4bABd7cbC8cE32Dc3Ff77ed9B6dF9E2D11003
0x3329Fbcda16f15c4Ed1D6847BF18e9d045EE941F
0xa2E5e8A607562B7BdA05d5820e569C290b43be6D
0x3A9B1Da81ca44FEBc97A713242F6a3FeeeC7C891
0xc20C13D2303EEAEEaeb7f73BabF7014bce6D130a
Note that due to "delegate all" constraint, there may be more Bybit Locked addresses in the future as the delegatee list is expanded (each address can only pick 1 delegatee to delegate votes to).
Last modified 6mo ago
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