Comment on page
20% of all COIL future emissions and auctions will go towards the Spiral DAO team under six month lock period. (This doesn't include COIL single staking emissions, only functional ones).
- 75% to Initial Treasury Offering participants
- 5% to Launching Airdrop
- 20% to Protocol Owned Liquidity (POL) and the DAO
Initial token distribution.
COIL, as well as SPR, has no upper cap on the total supply.
A major amount of COIL will be distributed towards COIL staking. The rest of the new issuance will come from Yield Bonding.
- Treasury receives 15 tokens for DAO needs (Partnerships/DEV). It doesn't dilute Treasury.
- 15 tokens for maintaining POL. It doesn't dilute Treasury.
- The team receives 20 tokens under 6 months lock up.
Post-launch token distribution.