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🌖 LIVE! HEGIC IBCO Progress Recap: First 24 Hours | by Hegic | Hegic


Q: How will total supply be distributed?

A: Total supply will be split up in 6 blocks:

3% are allocated on IBCO (read below for more info);

22% will be allocated on the after-IBCO bonding curve contract;

5% will be allocated for providing liquidity to Balancer / Uniswap;

40% will be distributed as liquidity mining & utilization rewards to the Hegic protocol users (option holders and liquidity providers);

10% will be allocated in the Hegic Development Fund (HDF, read below). This amount is subject to linear vesting (read below) during 48 months after IBCO end (September 12th, 19:00:00 UTC).

20% will be allocated to reward early contributors (read below). This amount is subject to linear vesting (read below) during 24 months after IBCO end date (September 12th, 19:00:00 UTC).



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