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Tokenomics

Total Supply

10,000 YAK (est. wild yaks roaming on Earth)
Fixed Supply
YAK is a fixed-supply token. No additional YAK may be minted now or in the future.

Circulating Supply

The vast majority of the YAK token supply entered circulation following the initial distribution. On the first day,
    Circulating: 7,350 YAK
    Non-circulating: 2,650 YAK
      Team: 1,500 YAK
      Ecosystem: 1,150 YAK
Tokens will move from non-circulating to circulating based on team tokens vesting and ecosystem tokens being used for community initiatives.

Initial Distribution

Early users took considerable risk using a new platform. Their feedback influenced the product. Their deposits grew the platform. Therefore the initial distribution of YAK tokens is heavily weighted toward early users:
    50% Depositors (airdrop)
    15% Reinvest pushers (airdrop)
    15% Team (vested)
    15% Ecosystem
    5% Community (airdrop)

Airdrop Recipients

The full list of airdrop recipients is available here.

Unclaimed Airdrop Tokens

Airdrop recipients were provided a 30-day window to claim tokens. Following the deadline, the remaining tokens were returned to the treasury.
Last modified 26d ago