Mendi Finance
  • Introduction
  • Getting Started
    • Bridging your assets to Linea
    • Video Guide
  • Protocol
    • Contract Addresses
    • Developer docs
    • Liquidation
    • Collateral and Reserves
    • Interest Rate Model
    • Audit & Security
    • Oracles
  • Tokenomics
    • Fair Launch
    • Distribution
    • Protocol Spending
    • Reward Emissions and Bribes
    • Staking and Revenue Sharing
  • DEVELOPERS
  • POINTS SYSTEMS
    • Mendi Loyalty Points
    • MLP-L
    • Third Party Points Systems
  • OTHER INFORMATION
    • Official Links
    • Press kit
    • Legal Disclaimer
  • MENDI SNAP
    • Mendi Finance Liquidation Alert
    • Video Walkthrough
    • FAQ
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  1. Tokenomics

Distribution

PreviousFair LaunchNextProtocol Spending

Last updated 9 months ago

Distributed to
Token Amount
Percentage

Rewards+Bribes (Community)

60,000,000

60%

Protocol Growth

19,000,000

19%

Core Team (3 months cliff/2-year vest)

12,000,000

12%

LGE Participants

3,500,000

3.5%

Community Airdrops

3,000,000

3%

Initial Liquidity

2,500,000

2.5%

Core team allocation release

We directly deposit all claimed tokens to the staking contract which has a 7 day delay for unlocks. You can track this on-chain through the explorer or other tools like DeBank.

Any large staking unlock would immediately be visible on-chain.

Our goal is to maintain and build the protocol and we are not going to sell any tokens at all while the protocol is in growth stage to ensure it will continue to grow.

We can utilize uMendi staking to realize income while we contribute to the growth of the protocol.

The core team has committed to hold their Mendi tokens for the future.

This is the team vesting claim contract.