Token Supply Overview
Last updated
Last updated
This page is to meant to give an overview of the circulating supply and the different allocations available. The content has been extracted from the whitepaper.
Currently circulating: ~8,000,000 TYPH
*for the exact figure, check https://coinmarketcap.com/currencies/typhoon-network/
The biggest allocation is solely for direct user distribution
To be used for direct rewards through staking, increasing the anonymity set and using the service
Airdrop and other reward initiatives
20% (4.000.000) is to be used for an Initial Funds Offering and token circulation
10% (2.000.000) is to be used for providing liquidity on AMMs and exchanges
10% 2.000.000 are to be made available to the team and investors
20% (4.000.000) are to be locked away behind immutable linear vesting contracts (deployed here) and to be released over a 12 months period
10% of the locked away funds is to be used for ongoing costs, potentially legal
10% is to be kept as reserve and not put into circulation unless deemed necessary in emergency
After IFO, 6.000.000 tokens will be unlocked, with an extra 2.000.000 gradually released through staking and liquidity initiatives.
