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What is the issuance amount of USUAL coins?

The total issuance of USUAL coins is 100 million tokens, with a distribution allocated to seed rounds, private rounds, public sales, team and advisors, and ecosystem funds.

Dec 13, 2024 at 07:52 am

What is the issuance amount of USUAL coins?

USUAL is the native token of the Usual Protocol, a decentralized network for creating and managing decentralized autonomous organizations (DAOs). The total issuance of USUAL coins is 100 million tokens. The token distribution is as follows:

Seed Round (20%): 20 million USUAL tokens were sold in a seed round in 2021.

Private Round (30%): 30 million USUAL tokens were sold in a private round in 2022.

Public Sale (20%): 20 million USUAL tokens were sold in a public sale in 2022.

Team and Advisors (15%): 15 million USUAL tokens are allocated to the team and advisors.

Ecosystem Fund (15%): 15 million USUAL tokens are allocated to the ecosystem fund, which supports the growth and development of the Usual Protocol ecosystem.

The issuance of USUAL is subject to the following lock-up schedule:

Seed Round: 12-month lock-up, followed by a 24-month vesting period.
Private Round: 6-month lock-up, followed by a 12-month vesting period.
Public Sale: No lock-up, but subject to a 12-month vesting period.
Team and Advisors: 24-month lock-up, followed by a 36-month vesting period.
Ecosystem Fund: No lock-up, but subject to a 36-month vesting period.

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