What are the Tokenomics?
Last updated
Last updated
Let’s look back to when $POLS launched and assess the tokenomics associated with it.
Total supply: 100M POLS
Initial circ supply: 17.875M POLS
Seed sale price: $0.0125 USD
Private sale price: $0.025 USD
Uniswap listing price: $0.05 USD
Total amount raised: 875,000 USD
Total POLS sold: 42.5M (42.5% of the total supply)
Seed sale: Initial mcap of $223.43k USD, fully diluted mcap of $1.25M USD.
Private sale: Initial mcap of $446.87k USD, fully diluted mcap of $2.5M USD.
Uniswap listing: Initial mcap of $893.75k USD, fully diluted mcap of $5M USD.
Initial Uniswap Liquidity: 200k USD
Polkastarter only raised the most necessary funds to get the Product Development going and to give the POLS token the right kickstart in terms of Liquidity, Exchange listings and Marketing.
While all Team, Advisor and Foundational tokens were locked for at least 1 year, the rest of the tokens were allocated to the Token Sale, as well as to Liquidity Provision and Marketing actions.
Release details Seed: 20% unlocked before listing, then 10% monthly over 8 months. Private: 25% unlocked before listing, then 25% monthly over 3 months Liquidity: 22.22% unlocked before listing, then 8.88% monthly over 5 months, then 6.67% monthly over 1 month, then 4.44% monthly over 6 months Marketing: 20% unlocked before listing, then 6.67% monthly over 12 months
The $POLS token launched on 29th September 2020. Only 5 months later it reached an all time high of $7.61 as recorded by Crypto Rank on 16th February 2021. The POLS token is now listed on over 52 exchanges including Binance, Kraken and Coinbase and traded in 30 markets.
