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Hover Price (HOV)
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Market Cap
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Fully Diluted Market Cap
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Volume 24h
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Circulating Supply
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Max Supply
1,000,000,000 HOV
Total Supply
1,000,000,000 HOV
Links:
Website, Explorers, Whitepaper
Hover HOV --
Hover(HOV) Allocations
| Category | Percentage | Total | Description |
|---|---|---|---|
| Liquidity Incentives | 20% | 200,000,000 HOV | Emitted in a mix of HOV and esHOV (likely 80% esHOV). Emissions rate can be changed by the admin wallet but will target 50% released during the first year. |
| Core Contributors | 18% | 180,000,000 HOV | 6 month cliff + 24 month linear vest |
| Private Sale | 11.4% | 114,000,000 HOV | to early investors. |
| Public Sale | 3.6% | 36,000,000 HOV | to public sale participants. Distributed upfront in ⅔ HOV, ⅓ xHOV. |
| Protocol Owned Liquidity | 7.5% | 75,000,000 HOV | Available fully upfront. Liquidity will be deployed on decentralized exchanges. |
| CEX Liquidity | 4.5% | 45,000,000 HOV | Available fully upfront. Liquidity across our centralized exchange listings. |
| Reserves | 5% | 50,000,000 HOV | Available fully upfront. Set aside for unanticipated needs in the future. |
| Partnerships | 8.5% | 85,000,000 HOV | 6 month cliff + 24 month linear vest in esHOV to provide long term incentives to Hover Partners. |
| Ecosystem | 5% | 50,000,000 HOV | 36 month linear vest with 2% unlocked upfront. Tokens should be used to support the Hover Ecosystem through grants, marketing, and education. |
| Kava Foundation | 5% | 50,000,000 HOV | 6 month cliff + 24 month linear vest in esHOV to align incentives with the network. |
| Development Fund | 4% | 40,000,000 HOV | 6 month cliff + 24 month linear vest with option for early unlocks based on HOV’s FDV¹. Tokens meant to secure runway and fund milestone based payments to contractors. |
| Genesis Pools | 3% | 30,000,000 HOV | Released linearly over 90 days in 100% esHOV to bootstrap initial platform liquidity. |
| Advisors | 3.5% | 35,000,000 HOV | 6 month cliff + 24 month linear vest |
| Bug Bounty | 1% | 10,000,000 HOV | Available upfront in a multisig². Aims to provide a stablecoin and HOV backed bug bounty program to maximize security. |
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