๐Supply + Pre Launch Allocation
Last updated
Last updated
Initially 500,000 $GEN tokens will be in circulation. Half of these tokens will go to the liquidity pool and half will be available at the pre-sale. The price of $GEN at pre-launch will be $10 USD per $GEN token.
Of the 250,000 $GEN token sold, the disbursement of the funds raised will be as follows:
ยท Liquidity Pool (LP)
ยท Arena Token Fund (ATF)
ยท Winners Circle Fund (WCF)
ยท Marketing & Development
The other 250,000 $GEN tokens will be disbursed in the following manner:
ยท Liquidity pool โ 50%
ยท Treasury โ 20%
ยท Insurance Fund โ 15%
ยท Marketing & Development โ 15%
Although the initial supply of $GEN is fixed, the protocol does allow for minting of additional tokens based on market conditions analysis and need for bigger rewards pool due to an increasing user base