Release Schedule

Tokens issued to the team, investors, and ecosystem will be subject to the following vesting schedules:

Team

  • 25% vested at a one-year cliff following TGE

  • 75% linear monthly vesting over the subsequent 3-5 years

Investors

  • 25% vested at a one-year cliff following TGE

  • 75% linear monthly vesting over the subsequent 3 years

Community Rewards (NFTs + Rake the Rewards + Exchange Distribution)

NFT holders will be able to claim up to 30,000 HFT upon TGE for each wallet holding NFTs as of their respective snapshot dates. See the breakdown here.

Thereafter, all wallets holding NFTs with remaining aggregate value in excess of 30,000 HFT will be able to claim the balance according to the following schedule:

  1. If the total unvested amount is <25K HFT: 100% vested and unlocked at one-year cliff (linearly over a 60-day period beginning on Nov 7, 2023).

  2. Otherwise, if the total unvested amount is <50K HFT: 50% vested and unlocked at one-year cliff (linearly over a 60-day period beginning on Nov 7, 2023). 50% vested and unlocked daily over the 12 months thereafter.

  3. Otherwise, if the total unvested amount is <75K HFT: 33.33% vested and unlocked at one-year cliff (linearly over a 60-day period beginning on Nov 7, 2023). 66.66% vested and unlocked daily over the 24 months thereafter.

  4. For all other users: 25% vested and unlocked at one-year cliff (linearly over a 60-day period beginning on Nov 7, 2023). 75% vested and unlocked daily over the 36 months thereafter.

For Rake the Rewards rewards: HFT that were earned before July 2022 will be fully distributed and claimable by eligible wallets upon TGE. HFT that were earned on or after July 2022 will be subject to linear, daily vesting for a period of 30 days after TGE.

Ecosystem Development

Ecosystem Partners:

  • 25% vested at a one-year cliff following TGE

  • 75% linear monthly vesting over the subsequent 3 years

Designated Market Makers Loans:

  • Fully unlocked at TGE

Vendors & Early Service Providers:

  • 48% unlocked at TGE

  • 52% linear monthly vesting over the subsequent 1 year

Hashverse Rewards:

  • Full allocation will be distributed linearly over 4 years

Future Community Rewards:

Liquidity at TGE

The initial circulating supply will be 175,229,156 HFT (17.52% of the total supply).

Additional Issuance of HFT

After 4 years, HFT will have an annual issuance of 4% at steady-state.

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