💸Supply structure
Last updated
Last updated
The supply structure is designed to support the long-term success of the DAO by providing a sustainable and adaptable framework for token distribution, liquidity, and governance.
Starting with the token allocation, $RFRM has a limited supply of 1 billion tokens driving utility and value within the ecosystem. Benefits from the successes and/or developments of the DAO will kick back to $RFRM in utility or value.
The token allocation is as followed:
Bonding Treasury
39% of the entire token supply is designated for the Bonding Treasury, which will be utilized to gather liquidity for the Market Making layer. The amount fluctuates, it decreases when someone swaps against the Bonding Treasury or it increases when bought-back $RFRM is returned to it.
30% of the total supply is allocated to the Staking Treasury. The amount of the Staking Treasury decreases over time, creating an emission schedule similar to Bitcoin. This approach incentivizes early adopters while gradually reducing token rewards as time goes on and token value increases.
13% of the complete token supply is assigned to the Team & Advisors for the expansion of Core Contributors and subcontractors. This allocation will be used to hire new talent and reward advisors for their significant contributions toward the improvement of the DAO ecosystem.
10% of the token allocation is reserved for the Operations Treasury, responsible for covering the DAO's operational costs, encompassing marketing, legal, administrative, and tax-related procedures. This will ensure the continued functioning of the DAO for years to come and enable it to remain competitive in the rapidly evolving cryptocurrency space.
3% of tokens is set aside for Early Backers. This portion will be awarded to those who have maintained possession of the tokens issued on the Binance Smart Chain for a prolonged duration during the snapshot.
2.8% of tokens is set aside for Market Making. This portion is dedicated to providing liquidity on centralized exchanges, achieved through collaboration with our trusted partners. Tokens will be strategically provided to these partners to ensure an effective Market Making process.
A 2% share of the total token supply is assigned for Launch Incentives. The DAO will use these tokens to support listings and visibility on top-tier exchanges, launchpads and airdrops.
0.2% of the total supply is designated for initiating the Liquidity Pool and will be included in the initial liquidity provision for the $ETH/$RFRM pool.
Reform's dedication to trading and awareness of emissions is evident in its Tokenomics design, which seeks to incentivize long-term holding and foster early ecosystem adoption.
As part of this strategy, staking rewards are initially significant but gradually diminish over time. Furthermore, a one-year lock-up period for staking rewards exists, enabling the Market Maker Layer to make Realized Profits for token buybacks in the open market. The tokens are then used for replenishing the Bonding Treasury to attract more liquidity.
Based on the Market Making analysis, Reform is confident in its ability to repurchase emissions annually, potentially even exceeding this target. The ultimate aim is to empower long-term holders with suitable rewards.
