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- Contracts:
$4,096,777
$26,120,000
$927,665
7,842,223 VELA
15.68%50,000,000 VELA
10,000,000 VELA
Vela Token VELAVela Token(VELA) Allocations
| Category | Percentage | Total | Description |
|---|---|---|---|
| Community Incentives | 35% | 3,500,000 VELA | Limited to 5% usage per fiscal year. Reserved for LP reward emissions, market maker rewards, beta test rewards, and other incentives. |
| Growth Fund | 25% | 2,500,000 VELA | Reserved for any future grants, DEX liquidity,market maker allocation for CEXs, and the liquidity provisioning rewards incentive program. |
| Marketing | 10% | 1,000,000 VELA | Limited to 2% usage per fiscal year. Reserved for marketing rewards including airdrops, distributions via KOL partnerships, and comarketing efforts with partners. |
| Core Team | 10% | 1,000,000 VELA | 6 month cliff with linear vesting for 36 months |
| DXP Allocation | 7% | 700,000 VELA | Includes all DXP that has been assigned to the following, all of which will be claimable 1:1 for VELA. |
| Team Growth Reserves | 5% | 500,000 VELA | Reserved as incentives for recruiting top engineers, designers, product managers, and executives |
| Investors | 5% | 500,000 VELA | Allocated towards immediate follow-on investment rounds for VELA in Q4 2022 |
| Advisors | 3% | 300,000 VELA | 6 month cliff with linear vesting for 18 months |
Vela Token Token Sale
Vela Exchange is a decentralized exchange with advanced perpetuals trading capabilities, community focused incentives, and scalable infrastructure. The Vela Exchange trading platform provides significant upside over centralized exchanges with fair, equitable access to platform rewards, self-custody of assets, and zero requirement for a centralized clearing house. Vela Exchange currently supports perpetual futures trading, with spot, OTC, and other marketplaces coming soon.
Vela Exchange is supported by a robust token infrastructure to facilitate community member rewards and other utility. VELA is the primary utility token of the Vela Exchange ecosystem. VELA/eVELA can be staked to earn a share of fees as rewards. The rewards share is based on the total sum of VELA and eVELA that is staked.
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