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Approved Educators $LOYALTY Whitepaper
  • Approved Educators
  • Vision
  • Web3 model
  • Early Investors NFT
  • Soul Bound Token SBT
  • Stakeholders
  • Ecosystem diagrams
  • The Approved Educators Foundation
  • Creator Collective
  • Future Approved Educators Protocol initiatives
  • Peer-review system
  • Helpful donations
  • Scholarships
  • Grants
  • Token Allocations
  • Release Schedule
  • $LOYALTY Token
  • $LOYALTY Token Utility
  • LOYALTY Governance
    • $LOYALTY token holders
    • LOYALTY Governance Council Members
    • LOYALTY Overview
  • Disclaimer
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Release Schedule

$LOYALTY tokens will be distributed over a minimum of 5 years, with 14.5% of the supply released at TGE (Token Generation Event).

Table 1.3: $LOYALTY token vesting schedule

Allocation
% of allocation
Cliff
Total # of months vested
# of tokens unlocked at TGE
Month unlock

Ethereum Launchpad

5.0%

0

0

50,000,000

0

Operational Expenses

4.0%

0

24

20,000,000

833,333

Liquidity

10.0%

0

12

50,000,000

4,166,667

Early Contributors

7.5%

0

6

7,500,000

11,250,000

Ecosystem Fund

25.0%

0

48

12,500,000

4,947,917

Treasury

10.0%

12

24

5,000,000

3,958,333

Strategic Sale

13.0%

18

30

0

4,333,333

Advisors

15.5%

18

30

0

5,166,667

Team

10%

24

36

0

2,777,778

Total

100%

145,000,000

37,434,028

Liquidity operations receive a 10% allocation of the total $LOYALTY token supply. At the Token Generation Event (TGE), 50% of this allocation will be unlocked, and the remaining will be released linearly over 1 year. The LOYALTY Foundation treasury and operational expenses will provide any additional liquidity required.

The ecosystem fund accounts for 25% of the total token supply. This allocation will be unlocked with 5% released at TGE, and the remaining released linearly over 4 years to support the ongoing development and growth of the Approved EDU Protocol.

The treasury is allocated 10% of the $LOYALTY token supply, with 5% unlocked at TGE. The remaining allocation is locked for 1 year and is then released linearly over 2 years.

Early contributors are rewarded 7.5% of the total token supply for their contributions. 10% of the token allocation will be unlocked at TGE, and the remainder will be released linearly over 6 months.

Strategic sales are allocated 13% of the total $LOYALTY token supply, and advisors receive 15.5%. These allocations will be locked for 1.5 years after TGE and released linearly over 2.5 years.

5% of the $LOYALTY token supply is allocated for public sale via ERC-20 Launchpad, with these tokens being unlocked at TGE.

Operational expenses receive 4% of the $LOYALTY token supply — 50% of the allocation will be unlocked at TGE. The remaining token allocation will be unlocked linearly over 4 years.

The team will receive a 10% allocation of the total token supply, locked for 2 years and released linearly over 3 years.

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Last updated 1 year ago