$SUDO AIRDROP CONFIRMED 🐙🪂
20 minutes ago, @sudoswap published a new $SUDO article
A post on tokenomics and eligibility criteria 💬
Initial supply: 60,000,000 $SUDO
• XMON holders: 25.12M, 41.9% coingecko.com/en/coins/xmon • 0xmons NFT holders: 0.9M, 1.5% opensea.io/collection/0xmons-xyz • Retroactive LP airdrop: 0.9M, 1.5% • Treasury: 15.08M, 25.1% • SudoRandom Labs: 9M, 15%, vested over 3 years with a 1 year cliff • Initial team members: 9M, 15%, vested over 3 years with a 1 year cliff
I. XMON HOLDERS
Will need to lock their XMON for 3 months - a period where it will not be sellable.
After the 3-month lock, it'll be freely tradable.
1 month to lock when they announce (not yet)
SUDO distributed pro-rata to the XMON locked. 10,000 SUDO per 1 XMON locked.
II. 0xmons HOLDERS
Don't need to do anything additional.
III. sudoAMM LP AIRDROP
A retroactive airdrop to sudoAMM liquidity providers (TRADE pools only) where 1.5% of the initial supply will be distributed.
Applicable retroactively before their post (block: 15455555)
IV. TREASURY
Governance will be able to mint more SUDO to the treasury, if needed, up to a max inflation cap of 10% a year.
V. TEAM MEMBERS
15% of the initial supply, vested over 3 years with a 1 year cliff
VI. SudoRandom Labs
SudoRandom Labs is currently the primary contributor to the sudoAMM protocol.
It will be allocated 15% of the initial supply, vested over 3 years with a 1 year cliff.
If you followed my Kraken strategy, you got it: twitter.com/OlimpioCrypto/status/1557094958150176780
Will update as there's more news
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