A total of 100M $LEAP have been minted, and will be distributed over the course of five years.
The allocation of the total supply is as follows:
- 15.00% : for LeapFi Derivio & LeapFi Vaults
- 10.00% : to community & task rewards
- 12.00% : to liquidity providers of USDC-LEAP in Uniswap Pool
- 25.00% : for $LEAP staking and DAO voting, linearly distributed over five years
- 18.00% : to shareholders (investors) with 2 years vesting
- 18.00% : to co-founders, employees
- 2.00% : to advisors
The LeapFi team will decide the tokenomic distribution in the early stages, and as the protocol and community mature, it will gradually transition to community governance.
