Private Sale
The private sale release schedule is as follows:
- Month 3 (Aug 4, 2021): 10%
- Month 6 (Nov 4, 2021): 15%
- Month 9 (Feb 4, 2022): 15%
- Month 12 (May 4, 2022): 15%
- Month 15 (Aug 4, 2022): 15%
- Month 18 (Nov 4, 2022): 15%
- Month 21 (Feb 4, 2023): 15%
Public Sale
Linear vesting until 100% unlocked at the end of vesting period.
- Total vesting period: 9 months
- Vesting begins: August 4, 2021 (40 days after Public Sale closing date)
Company
Monthly vesting over 5 years with milestone accelerations.
Team
3 years vesting after 1 year cliff.
Ecosystem
3% to the decentralized Treasury Pool on genesis.
The remainder is unlocked monthly to the Ecosystem fund over 3 years.
Staking & Pools
15% of the total EFI supply will be reserved for distribution to EFI pools as a Block Reward. The supply will be fully distributed after 8-10 years:
Approximate release amounts per year:
- Year 1: 2.85%
- Year 2: 2.55%
- Year 3: 2.25%
- Year 4: 1.95%
- Year 5: 1.65%
- Year 6: 1.35%
- Year 7: 1.05%
- Year 8: 0.75%
- Year 9: 0.45%
- Year 10: 0.15%
This will provide an incentive to early users and developers who create value during the initial adoption period. As revenue from Transaction Fees and Marketplace Fees increases, this will eventually surpass the block rewards.
Block rewards will be distributed among the four pools regularly, and the percentage allocated to each pool can be adjusted by the community through governance.
