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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 |
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
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
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
100% used to seed liquidity on various DEXs
- Total: 15,571,703
- Released at TGE: 100%
- Current Status: Fully Vested
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
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.
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
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
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.
Last modified 1mo ago