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Tokenomics
WIGO is the native governance token of WigoSwap’s ecosystem. The maximum supply (hard-cap) determined for the WIGO token is 2,000,000,000.
8% of the Max Supply is intended for the initial mint planned to be minted by the WigoSwap team at deployment time. The determined proportions are as follows:
Allocation Category | % of Max Supply | Number of Tokens |
|---|---|---|
Seed Funders | 3.0% | 60,000,000 |
Community Airdrops | 3.0% | 60,000,000 |
Initial Dex Offering (IDO) | 2.0% | 40,000,000 |
Total | 8.0% | 160,000,000 |
WIGO has no pre-sale, private sale, public sale, or ICO.
2% of WIGO’s maximum supply (40,000,000 WIGOs), alongside $50,000 in FTM, are allocated to the Initial DEX Offering. Therefore, the initial price of WIGO would be around $0.00125 at the beginning of the IDO. The LP tokens generated through establishing the initial pool and received by the WigoSwap core team will be locked for 365 days and will not be used in farming.
In what follows, you can see the vesting schedule related to the seed funders:
- 12% Initial Allowance
- 22% after 60 days
- 22% after 120 days
- 22% after 180 days
- 22% after 240 days
Vesting smart contracts can be found here:
The rest of the supply is going to be minted over time as follows:
Allocation Category | % of Max Supply | Number of Tokens |
|---|---|---|
Farming and Staking Rewards | 80.0% | 1,600,000,000 |
Core Team | 10.0% | 200,000,000 |
Wigo DAO | 2.0% | 40,000,000 |
Total | 92.0% | 1,840,000,000 |
Last modified 2mo ago