Circulating Supply Timeline
0% circulating
TGE
14.6%
12M
29.1%
24M
47.6%
48M
75.1%
72M
80.8%
96M
85.2%
Emission Curve
Cumulative Unlocks Over 96 Months
Community Emissions
Retroactive Airdrop
Team & Core Contributors
Wharf Plan Committed
Strategic Backers
Treasury Foundation
Advisors
Curve excludes MM off-float inventory and event-driven buyback reserve.
Community Emissions
Halving Schedule - 8 Years to Asymptote
Emissions halve every 24 months - incentives never reach zero, supply pressure decreases over time.
Vesting
Release Schedule
| Allocation | Amount | Schedule |
|---|---|---|
| Community | 23% | Halving every 2 years, never reaches zero |
| Airdrop | 18% | 4 rounds across 3 years (R1 at TGE) |
| Team | 19% | 1-year lock, then 3-year linear release |
| Investors | 13% | 1-year lock, then 3-year linear release |
| Treasury | 12% | 8-year linear release |
| Buyback | 5% | Deployed only if quarterly fees fall short |
| Liquidity | 8% | Off-float - returnable market-maker inventory |
| Advisors | 2% | 6-month lock, then 2-year linear release |