Tokenomics

Here you will see details of the token economics ("tokenomics") of StripCoin.

The main factors affecting STRIP's tokenomics are:

  1. distribution,

  2. vesting,

  3. liquidity,

  4. utility.

You can learn about distribution and vesting within this article. To learn about STRIP's utility, follow STRIPCOIN on it's social media accounts, where news about utility will be shared.

Total supply

The total supply for STRIP is five hundred billion tokens (500,000,000,000 STRIP). This is also the maximum supply -- minting beyond genesis is impossible.

Distribution plan

The token distribution plan is as follows:

Under Construction: allocation plan status will be updated here. Of the allocation plan, only partial amounts have been deployed so far. TO-DO: show exact numbers for live deployments.

Vesting

Vesting is carried out by two vesting smart contracts:

Vesting round 1 (aka Vesting) -- controls: founder shares, partner shares, presale shares. Details on Etherscan:

Vesting round 2 (aka PrivateVesting) -- controls: partner shares, sale round 2 shares. Details on Etherscan:

Continue reading for economic design of vesting schedules.

Design: Vesting (round 1)

Tokens allocated for presale, team, and partnerships will all be vested (note: tokens bought on Uniswap or received as liquidity incentives are not affected by vesting schedules). Vesting means that the vested tokens will be time-locked so that their transfer or selling will be limited by a vesting schedule. The vesting schedules all start with 100% of the vested amount remaining locked for 45 days. While tokens remain locked, they cannot be transferred or sold. After the initial lock-up period, tokens start getting gradually unlocked over an extended period, a percentage of vested tokens unlocking day by day, until eventually 100% of the vested amount will become unlocked for withdrawal and transfer. The vesting schedule is as follows:

Starting from the ending of the presale, all tokens remain locked for 45 days, then 10% will be unlocked, and from then on 10% will be gradually unlocked per month. Total vesting period is thus 10 months and 15 days, or 315 days.

The vesting schedules are carried out by a vesting smart contract. You can view the details and transactions of the vesting smart contract on Etherscan: https://etherscan.io/address/0x2b479dc41872471f98b4f8119019B54378194E11

The vesting schedules are designed to ensure continued commitment to building up the value adding ecosystem of StripCoin.

Note that if you have your STRIP tokens vested, you will have to send in a 'Withdraw' transaction to the vesting contract every time you wish to withdraw your unlocked tokens to transfer or sell your tokens.

Design: Vesting (round 2)

Vesting for round 2 is similar to round 1. Notable difference is that while Round 1 Vesting schedule has a set date which is the same for each recipient of the vesting contract (so they are all in 'sync'), Round 2 Vesting schedule has an unique start time for each buyer in the Sale Round 2. All of the start times will be later than for Round 1. The start time for Round 2 Vesting recipients is set on the moment of purchase in the Sale Round 2.

Liquidity

Liquidity has been added on Uniswap. You can see the liquidity pool information here: https://v2.info.uniswap.org/token/0xE9cB6838902CCF711f16a9EA5A1170F8e9853C02

Liquidity has been locked for 1 year. You can see the liquidity lock here: https://www.team.finance/view-coin/0xE9cB6838902CCF711f16a9EA5A1170F8e9853C02?name=StripCoin&symbol=STRIP

Utility

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