Tokenomics
Last updated
Last updated
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.
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:
VEE will issue 10,000,000,000 tokens.
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
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
