Tokenomics

Basic Metrics

The moving variables of this data is reflected as per 4th of February, 2024. Real time tracking is available at unizen.io

Allocation

Total number of tokens on TGE: 1 billion, subject to deflationary actions

Private Sale Tokens: 16% (Fully circulating)

All tokens have been distributed as of Sep 2022 and are fully vested

Foundation Tokens: 28.5% (Partially circulating)

16 million were released as of November 25, 2022

For the remaining tokens an 18-month linear vesting started on January 1, 2023

Partners and Advisors: 5.5% (Locked)

60-month vesting starting from August 1, 2023,

Team: 20% (Locked)

  • 50% of Team tokens will be unlocked and released after a 36-month lock-up that started July 15, 2022.

  • The remaining 50% will be unlocked and released in equal portions every calendar month over a period of twenty-four (24) months

Ecosystem Reserve: 30% (Fully circulating)

100 million of the 300 million Ecosystem Reserve funds have been sent to a burn reserve contract fueling the burn mechanisms across the Unizen ecosystem

The remaining 200 million is divided into two categories

  • 50 million is dedicated to a market making reserve

  • 150 million is controlled by the upcoming Unizen Decentralised Autonomous Protocol (uDAP)

Vesting Schedule

Foundation

In terms of circulating Foundation tokens, as previously disclosed, 75,600,499.75 and 14,076,445.2 (89,676,944.95 in total) were previously allocated to strategic institutions. An additional 6,066,426.9 in total have been allocated to market making, liquidity, and exchange listings.

The remaining Foundation tokens total 189,256,628.15. Of this total, 16 million Foundation tokens were released into circulation as of November 25, 2022. For the remaining Foundation tokens, a 18-month linear vesting period began on January 1, 2023. As such, 16,000,000 tokens and two months of vested tranches of 9,625,368.2 was added to the circulating supply in November 25, 2022.

Team

The entire allocation of Team tokens is currently locked and not in circulation. 50% of the Team tokens will be unlocked and released after a 36-month lock-up that began on July 15, 2022. Following this initial lock-up period, the remaining 50% of the Team tokens will be unlocked and released over a period of twenty-four (24) months on a linear basis, ending in July 2027.

Partners & Advisors

The entire allocation of Partners & Advisors tokens is currently locked and not in circulation. The release of these tokens into circulation shall follow a 60-month linear vesting period that starts on August 1, 2023.

Ecosystem Reserve

Is a 300 million token allocation that's fully circulating. However, it will not be directly sold and shall only be used to expand and reinforce the Unizen ecosystem within the two categories specified below.

  1. Hyperdeflationary Tokenomics Reserve. 100 million of the 300 million Ecosystem Reserve funds have been sent to a burn reserve contract fueling the burn mechanisms across the Unizen ecosystem. These assets can be withdrawn by the team, distributed or sold as insurance in the highly unlikely event of a hack of the platform. To retain the freedom to act quickly in such an event, these assets are also to be considered circulating. This brings the total of our hyperdeflationary tokenomics reserve to 100,000,000 ZCX in total.

  2. Ecosystem Reserve (Airdrop/Burn/DAO). The remaining 200 million in the Ecosystem Reserve allocation will be made circulating to fund marketing and platform growth initiatives, of which 50 million will be dedicated to a market making reserve. The remaining 150 million tokens will be controlled by the upcoming Unizen Decentralised Autonomous Protocol (uDAP). The Unizen team retains the freedom to access these assets prior to the uDAP deployment in two specific cases, namely, an airdrop or a burn.

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