Tokenomics
VEE, the native token of Vee Finance, was by nature designed to achieve full decentralization. The VEE token is an ERC20, Ethereum based token, which serves as the connector of the Vee Finance protocol.

What is VEE used for?

    Liquidity Mining
Miners will be qualified for a portion of the newly mined VEE if they contribute capital to the protocol. Time and value are the two keys in the VEE distribution calculation. The number of newly mined VEE will follow a profit allocation curve.
    Governance
We strongly believe in decentralized governance, and that is why we have designed a governance framework. VEE tokens are by nature to represent token holder’s voting rights. Each VEE token entitles token holders to one voting right. The framework ensures a prosperous, secure, and healthy community.
Community voting would include, but not limited to:
    New tokens supported as collateral
    Highest leverage on each token
    Partnerships with new DExes

VEE Token Allocation

VEE will issue 10,000,000,000 tokens.

VEE Token Sale Rounds

Rounds
Price
Qty
Notional Raised
Fully Diluted Valuation
Seed
$ 0.002
1,000,000,000
$ 2,000,000
$ 20,000,000
Private Sale A
$ 0.005
500,000,000
$ 2,500,000
$ 50,000,000
Private Sale B
$ 0.007
400,000,000
$ 2,800,000
$ 70,000,000
Public Sale
$ 0.01
150,000,000
$ 1,500,000
$ 100,000,000
Total
N/A
2,050,000,000
$ 8,800,000
N/A

VEE Token Emission Schedule

    Seed Sale - lock for 6 months after listing on major exchanges, and then monthly vesting for another 15 months
    Private Sale A - lock for 3 months after listing on major exchanges, and then monthly vesting for another 15 months
    Private Sale B - lock for 1 month after listing on major exchanges, and then monthly vesting for another 15 months
    Public Sale - 100% unlock at day 0
    Liquidity Mining on AVAX – 5% deflation per month within 48 months after Mainnet launch
    Reserve – vested based on demand
    Marketing - vested based on demand (35,000,000 unlock at day 0)
    Advisors - lock for 6 months after listing on major exchanges, and then monthly vesting for another 48 months
    Team - lock for 6 months after listing on major exchanges, and then monthly vesting for another 48 months
Last modified 13d ago