The 3% share of the total supply of 100,000,000 DAW which is 3,000,000 DAW at first is allocated to IDOs or Launch Pads.
The remaining supply will be reserved exclusively for the protocol and further operations, and 23% to team.
23% tokens were allocated to the Development Fund for the core team, subject to the following vesting:
> 80% locked once Token Sale distribution ended
> 60% locked after 4 months
> 40% locked after 8 months
> 20% locked after 10 months
> 0% locked after 14 months.
74,000,000 DAW being mined over 8 to 9 year period, starting after the IDO at a rate of 0.64 DAW per block (18,493 per day).
DAW is distributed based on liquidity mining, with borrowers receiving 30% of daily rewards, suppliers receiving 30% , and stable minters receiving 22%, 15% gets burned immediately and 3% get to ecosystem reserve fund.
Marketing and advertising
Milestones of the project development
Idea formation and background research
Product Development Began
IDOs and Fund Raise
Lending and Borrowing Ecosystem launch