Community Incentives
The initial community incentives will be distributed as follows:
Retroactive NFT Rewards
6.75%of the HFT supply will be distributed to early users that received Hashflow NFTs- These NFTs were distributed as rewards for early adoption, frequent usage, and exceptional contributions to the ecosystem
- Each NFT will have an HFT value based on its relative scarcity, and each NFT holder will be eligible to receive HFT commensurate to the specific NFT(s) that they hold
- NFT holders will be able to claim up to
30,000 HFTupon TGE for each wallet holding NFTs as of the snapshot taken on 2022-05-10 - Thereafter, all wallets holding NFTs with remaining aggregate value in excess of
30,000 HFTwill 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.
On-going Community Incentive Programs
8.17%of the HFT supply has been allocated for the following incentive programs:- LP Rewards
Note that while the core team has initially seeded the mechanics to distribute HFT to traders, LPs, and market makers, these programs will ultimately be subject to DAO approval once in place.
Last modified 2mo ago