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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: Linear, daily vesting with a vesting floor of 1,000 HFT per day, beginning 1 month after TGE. For example, if you held Hashflow NFTs with a total value of 200,000 HFT in one wallet, you will be able to claim 30,000 HFT at TGE. After 1 month, you will start vesting 1,000 HFT per day over the next 170 days.
  • 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:
  • Release schedule to be determined

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. These tokens will be deposited directly to the community treasury and allocated at the DAO's discretion.
Note that after 4 years, the core team and investors’ allocations will continue to be diluted in perpetuity. The goal is to ensure that early contributors are rewarded appropriately, and that the community collectively decides how funds are allocated moving forward.