Initial Distribution & Emissions
Initial Distribution
There will be 100,000 KITTEN tokens initially which will be distributed in veKITTEN and KITTEN following the table below:
Airdrop
20,000
20%
Initial Liquidity
10,000
10%
Contributors
20,000
20%
Grants
15,000
15%
Reserves & Incentives
20,000
20%
Token Generation Event (TGE)
The TGE will have 15% allocation of the initial KITTEN supply.
The token allocation will be a ratio of KITTEN and veKITTEN - more information at the TGE page.
Airdrop
Airdrop will account for 20% of the initial KITTEN supply. Airdrops are distributed to addresses based on their contribution to on-chain activity:
Testnet users
Mainnet users (during launch phase - before the first epoch)
Hypurr NFT holders
Previous project users (TBD)
...etc. (TBD)
Airdrops are 100% in veKITTEN.
Initial Liquidity
10% of the initial KITTEN tokens will be used to pair with raised funds in TGE for initial protocol-owned liquidity.
Contributors
20% will be reserved for core contributors of the project. Most of it will be held as veKITTEN with some held in KITTEN for external payments.
Grants
15% will be reserved for grants. To expand our DEX and build together with other projects, we will be providing grants to partnership projects in the HyperEVM ecosystem. They will be in the form of veKITTEN.
Reserves
20% will be held in reserves.
Emissions Schedule
KITTEN emissions will be directed by veKITTEN voters to the LP gauges.
Emissions will initially start at 2% (2,000 KITTEN) of the initial total supply (100,000 KITTEN).
The amount emitted will decay by 1% every epoch.
More information coming soon.
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