Distributing $VERY
VERY coins are distributed according to the following rules and schedule.
Lockup and deployment rules
Lockup and Distribution Rules
Investor & Funding Individual private lockup rules apply. Vesting can change according to the contract. For the KOL ROUND, 200 million VERY, which is 20% of the total investment distribution, are allocated only to ambassadors who have completed Verychat ambassador activities. Distribution is 40% pre-listing, 30% six months after listing, and 30% one year after listing.
Initial Founding Members Team shares for initial founding members are distributed 20% pre-listing and then 20% annually over four years after the first listing. If a member resigns or is terminated before distribution completion, their shares are not paid out and are reclaimed by the team share. If requested by a CEX exchange, team shares can be locked for more than one year after listing. In the absence of a separate request by the exchange, condition 2 applies.
New Team Members New team members are informed about team shares upon formal employment registration and may receive additional incentives based on performance. Initial notification follows the team share rules, and incentives are received as a lump sum.
Advisors The amount for advisors is deducted from the team shares and follows the same rules or a separate contract.
Unassigned Team Shares Unassigned team shares are locked up 20% pre-listing, with 20% released annually over four years, used for new team hires and incentives.
Treasury and Grants Used for the expansion of the VERY Mainnet ecosystem and operating expenses for VERYCHAT services, initially all unlocked.
Community Expansion Rewards More rewards are distributed initially, decreasing over time. Used indefinitely until 500 million people are reached, adjusting the distribution amount according to tokenomics after 500 million.
Marketing Distribution Used for fundraising for Verychat promotions or direct distribution, initially all unlocked.
Liquidity Supply For managing order book spreads and not used for market manipulation.
User Community Engagement Users can stake VERY in established communities (channels), receiving community activation rewards according to their staking ratio. Staking quantity positively influences community activity. (Staking distribution rules are specified in a separate file.)
Variability of Locked Amounts The amounts of community (node rewards, fruit rewards, invitation rewards) during the unlock period are estimates and may vary according to the number of Verychat subscribers and the status of node validators.
Distribution and Unlock Schedule
Link to the unlock schedule Google Spreadsheet.
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