HVH Distribution & Lock-up
Last updated
Last updated
Partner: 10% of the total is distributed to business partners.
Reserve: 2.7% of the total is distributed to reserves used for emergency situations.
Project Development: 20% of the total is distributed to project developers.
Ecosystem: 15% of the total is distributed to the ecosystem fund which is used for NFT community grants, investments, partnerships, consultations, and subsidies.
Planet Compensation: 52.3% of the total is distributed to Planet operators for operating Planets.
Partners (10%): 1-year cliff and 2-year vesting period (total 3-year lockup)
Reserve (2.7%): 1-year cliff and 12-month vesting period (total 2-year lockup)
Project Development (20%): 1-year cliff and 3-year vesting period (total 4-year lockup)
Ecosystem (15%): First 3% will be issued to create the ecosystem and the remaining 12% will be subject to a 1-year cliff and 36-month vesting period (total 4-year lockup)