Token Supply

There will be a maximum supply of 150,000,000 tokens that follows a a deflationary schedule that with a goal of 100,000,000 total remaining supply. You can check burned $VNM in our $Chasm burn wallet.

Token Distribution:

• Core Team: 15%

• Development Fund: 25%

• Liquidity Pool: 10%

• Treasury: 35%

• NISO Air Drop: 5%

• NISO NFT Initial Stake Offering: 10%

Token Vesting Schedules

Tokens from the core team will be locked for the first 6 months after the launch of the protocol, meaning they will not be accessible to team members during that time. After that time period, Team tokens will vest linearly during the next 2.5 years.

Regarding the 25% of total supply of tokens from the development fund, these tokens will be locked for one full year before beginning a release to circulating supply. These $Venom tokens will help fuel the staking rewards during the testing and development of the Whimsy real estate staking functionality as the initial properties are rolled out onto the platform.

Having both the treasury and the development funds locked into a schedule release cadence will effectively lock 60% of available $Venom tokens.