Initial Supply Breakdown
Disclaimer: Tokenomics are subject to change without notice at any time.
As mentioned before, it is expected that a large portion of the supply is needed for liquidity pairing on each chain. As such
- Initial RADIO supply on Polygon (the first chain for launching RADIO) is set at 1B tokens
- A large portion of the Initial Supply is dedicated to PODL and LERP
- The initial supply of RADIO on all other chains is determined proportional to the square root of TVL across protocols on that chain, as estimated by DeFi Llama (https://defillama.com/)
The initial supply of RADIO on the first chain (Polygon Network) is broken down as followed:
First Chain: | % |
|---|---|
PODL | 43.4% |
KFML | 1% |
RACL | 1% |
RST | 19% |
EACP | 10% |
CFW (team) | 7% |
LERP | 15% |
Phase 1 Participants | 3.6% |
And on subsequent chains, the initial supply breakdown will be slightly modified as follows:
Subsequent Chains | % |
|---|---|
PODL | 46.0% |
KFML | 1% |
RACL | 1% |
RST | 19% |
EACP | 10% |
CFW (team) | 7% |
LERP | 16% |
For example, at the time of this writing, DeFi Llama shows:
Polygon TVL across protocols = $4.21b
BSC TVL across protocols = $12.36b
Ethereum TVL across protocols = $128.75b
Avalanche TVL across protocols = $10.47b
Therefore:
Initial supply of RADIO on BSC is set at: sqrt ($12.36b/$4.21b) * 1b = 1.713 billion RADIO
Initial supply of RADIO on Ethereum is set at: sqrt ($128.75b/$4.21b) * 1b = 5.53 billion RADIO
Initial supply of RADIO on Avalanche is set at: sqrt ($10.47b/$4.21b) * 1b = 1.577 billion RADIO
The % breakdown supply of SHACK, BUILD, and LAUNCH are set to mirror RADIO (for example, KFML receives 1% of each tokens). The initial supply of SHACK, BUILD, and LAUNCH, however, are set at e, e^3, and e^4 times RADIO respectively (where e is Euler's number, 2.71828). The initial price is set at 1/e, 1/e^2, and 1/e^3 the price of RADIO on the corresponding chain at the time of adding the initial liquidity.