The total DODO token issuance is 1 billion and the distribution of tokens is as follows：
Core Team / Future Recruitment / Advisors : 15%
Initial Liquidity Provision (IDO): 1%
Operations / Marketing / Partners: 8%
Community Incentives: 60%
Core Team / Future Recruiter / Consultant: 1 year lock-up, then linearly released over the next 2 years.
Seed round: 1 year lock-up of tokens, followed by linear release over the next 2 years.
Private Placement Round: Token lock-up for 6 months, 10% release immediately after 6 months, and then linear release over the next 1 year.
Initial Liquidity Offering (IDO): The tokens were fully released on August 15, 2020 IDO.
Operations / Marketing / Partners: This portion of the tokens is allocated to operations and marketing activities, as well as partners.
Community Incentives: Distributed to community supporters in the form of events.
Multi-chain distribution of tokens
Currently, DODO protocol has been expanded to Ether, BSC, Arbitrum, Polygon, HECO, OKChain, Moonriver and other networks, and will be gradually adapted to more main chains. The total amount remains the same.
- BSC: The team has migrated 3.325 million DODO tokens to the BSC mainnet
- Arbitrum: The team has migrated 5 million DODOs to the Arbitrum mainnet due to the implementation of DIP-4
Tokens carry the dual functions of "incentivizing growth" and "capturing value", both of which the DODO team has always viewed as central to the design of the token economy.
We will distribute DODO tokens in cost-effective incentive campaigns to help grow the platform and the community. At the same time, DODO tokens will be used to capture the full value of the platform and distributed to loyal DODO holders.
Up to 60% of the total DODO token supply is set aside for community incentives. This portion is so large that we could not determine how they would be used at the outset. At the same time, DODO's business scenarios are getting richer and the number of users is growing, and capturing value is becoming an important issue for the team.