πŸ“’Vesting Contracts

Velar implements a vesting schedule for various token allocations to ensure long-term alignment of interests and sustainable growth. Below are the vesting contract addresses, their designated purposes, and the amount of tokens allocated to each at the time of TGE:

Address
Purpose
Token Amount at TGE

0x955B593945D969e6a247E6d50385c768B9F703fe

Airdrop 2

15,000,000

0x2257aba7e54F30EeF79bBCe8609fc4c5e7A997CB

Airdrop 1

15,000,000

0x17A48a490cb84Ec7Ba557f4aef8Bd138F01A48Db

Team

30,000,000

0x91C476a88BFFE52e1068Fe8C730F962D8Fa0EA84

Community

350,000,000

0xD9557985680B32967a1aCC492bB433A5b2f80365

Treasury

150,000,000

0x8947fAf77c691A91064935dC74636babce0CdD7B

Strategic

46,000,000

0xA71e05190880f0F73d6B028C897f0E4fc71d7D58

Seed

95,000,000

0x479A3D14E7189F19c69616aBA0E26fA979e8BbDe

Advisors

40,000,000

0xE28be05aa11d3caFd2679A14C48C0E6C6c3CC8ec

Founder 1

40,000,000

0x4b91Ca75306b52F36579201D2aE705b07F29eb2b

Founder 2

80,000,000

0x3bc64784279844c2eE9c5b508cDDF275CAfDfa32

Founder 3

40,000,000

0x7AA19d37E8c7EFD29280915839d46Aa13B37f4FD

Airdrop 3

10,000,000

0x29985e5e5826318c15c5Be6cABfBbEaF3D681F3b

Liquidity Provision

30,000,000

These vesting contracts ensure a controlled and gradual distribution of tokens to various stakeholders and purposes. The vesting schedules help maintain price stability and align long-term incentives for different participants in the Velar ecosystem.

Key points about the vesting contracts:

  1. Community allocation has the largest share with 350,000,000 tokens, emphasizing Velar's commitment to community-driven growth.

  2. Treasury holds 150,000,000 tokens, providing resources for ongoing development and ecosystem support.

  3. Multiple airdrops (1, 2, and 3) are planned to distribute tokens to early adopters and supporters.

  4. Team, advisors, and strategic partners have dedicated allocations to ensure their long-term commitment to the project.

  5. A separate allocation for liquidity provision (30,000,000 tokens) helps maintain market liquidity.

The specific vesting schedules and release mechanisms for each allocation may vary. For the most up-to-date information on token release schedules, please refer to the Emissions on next page.

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