This vests linearly over a 4-year time-lock, beginning from the launch date of governance protocol. The DAO will control this fund and utilize for future partnerships, marketing incentives, liquidity mining rewards, etc.
Foundation funds are being used to make initial markets and for protocol development. Since the foundation lends the tokens to third parties for market making activities, the actual token balance held in the foundation wallet will fluctuate. Foundation has burnt 250MM SPA on May 2022 and pledged to burn another 250MM SPA by end of 2022 to further decentralise the protocol.
This vests linearly over 4 years with a 6 month cliff. Token unlock schedule will start from 4/1/2022 for existing team members. For new members, vesting would start at least three months from the day they join.
Allocation of $SPA from the private sale has begun under a strict vesting schedule of 1 year starting from 9/18/2021.
Tokens from Bootstrap Liquidity have been moved to a lot of Farm rewarder contracts and deployer wallet addresses for operational reasons. Please find below the list of those addresses. We will try our best to keep this list constantly updated.