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Token Distribution

The DIVER token has a total supply of 1,000,000,000, which is distributed as follows upon TGE:
Distribution Type
Amount
Percentage %
Seed Round ($0.018)
50,000,000
5.00
Private Round ($0.025)
80,000,000
8.00
Strategic Round ($0.035)
20,000,000
2.00
Public Launch (on Balancer)
15,571,703
1.56
Community Rewards
340,000,000
34.00
Reserves
214,428,297
21.44
Ecosystem Fund
100,000,000
10.00
Developers & Early Backers
150,000,000
15.00
Liquidity Provision Fund
30,000,000
3.00
Total Supply
1,000,000,000
100.00

Seed Round Investors

Offering to lead investors and founders
  • Total: 50,000,000
  • Cost Basis: $0.018
  • Released at TGE: 15%
  • Remaining vested on a quarterly basis for 12 months
  • Current Status: Fully Vested

Private Round Investors

Offering to institutions, yield farmers, volatility trading firms, and accredited investors.
  • Total: 80,000,000
  • Cost Basis: $0.025
  • Released at TGE: 20%
  • Remaining vested on a quarterly basis for 12 months
  • Current Status: Fully Vested

Strategic Round

Offering to accredited investors and key opinion leaders.
  • Total: 20,000,000
  • Cost Basis: $0.035
  • Released at TGE: 20%
  • Remaining vested on a quarterly basis for 12 months
  • Current Status: Fully Vested

Public Launch (on Balancer)

100% used to seed liquidity on various DEXs
  • Total: 15,571,703
  • Released at TGE: 100%
  • Current Status: Fully Vested

Community Rewards

Used for various community incentive programs
  • Total: 340,000,000
  • Utilized per introduction of community incentive programs
  • Current Status: 340,000,000 remain, none have been utilized

Ecosystem Fund

Used to foster strategic relationships with key ecosystem partners
  • Total: 100,000,000
  • Released at TGE: 10%
  • Remaining utilized when partnerships are established to support ecosystem growth
  • Current Status: 80,604,600 remain in the fund
19,395,400 tokens have been utilized in Sushi Onsen Farms, exchange staking programs etc.

Reserves

Reserved for future fundraising and other strategic purposes
  • Total: 214,428,297
  • Locked for the first 12 months following TGE
  • 20% unlock at day 360, remaining vested on a quarterly basis for 12 months
  • Current Status: 214,428,297 remain, none have been utilized

Developers & Early Backers

Offered as incentives for core team members and key project backers
  • Total: 150,000,000
  • Locked for the first 12 months following TGE
  • 10% unlock at day 360, remaining vested on a monthly basis for 12 months
  • Current Status: 150,000,000 remain, none have been utilized

Liquidity Provision Fund

Used to support market-making and liquidity provision purposes on different exchanges
  • Total: 30,000,000
  • Released at TGE: 1/2
  • Remaining utilized for new exchange listing relationships
  • Current Status: 91,093,441.6 remain in the fund after DEX migration to Uniswap.