Tokenomics
Dividing $WORK equally.
Ticker: $WORK
Policy Id: bbd0ec94cf9ccc1407b3dbc66bfbbff82ea49718ae4e3dceb817125f
The maximum supply of $WORK is set to 300,000,000 with the following distribution :
Allocation | Number of $WORK |
|---|---|
Worked. Platform | 135,000,000 |
Staking | 78,000,000 |
Team | 36,000,000 |
TWD Treasury | 24,000,000 |
Partnership | 15,000,000 |
Liquidity Bootstrapping | 6,000,000 |
Airdrops | 6,000,000 |
Platform & Staking
Team & Treasury
Partnerships, Liquidity & Airdrops
The biggest portion of $WORK is reserved to fund the many different ways we want the Worked. platform to reward users.
135,000,000 $WORK will be used to incentivise learners, reward creators, fund the different activities, challenges, and more.
As time goes on we'll progressively lower $WORK emission from staking in order to be more sustainable, we're going with a higher yield at first to reward our early supporters and ensure a nice distribution of the token amongst them.
Team tokens will be distributed on a monthly basis for the next 8 years and 4 months at a rate of 1% of the 36,000,000 $WORK allocated to the team.
Our goal is to create a hub of learning and builders, it would be nice if we could have a way to go even further and incubate some projects ourselves.
This is where the TWD Treasury will come into play, with an allocation of 24,000,000 $WORK the treasury will be able to offer potential grants to promising new projects being created by members of our ecosystem.
The TWD Treasury will be made up of multiple members forming a council, and will not outright give a full amount of $WORK to projects, but will define a set of deliverables to measure the incubated projects' progress and will release tokens as results are shown.
One of the key elements that will contribute to the success of the Worked platform is the quality of content we'll host.
Being fully conscious of this we are reserving 15,000,000 $WORK aside to secure future partnerships with various content creators. Ensuring a high quality of courses we'll be able to provide across the Worked. platform.
Building healthy liquidity provisions is essential for the success of an ecosystem, ensuring a nice user experience and frictionless trades.
6,000,000 $WORK will be used to create LP incentives across various Cardano DEX.
Leftover $WORK from unclaimed airdrops will be redirected toward the TWD Treasury.
Last modified 6mo ago