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Product Docs
  • Welcome to AZKA FINANCE
  • AZKA Token Murabaha Overview
    • General
    • System Components
    • Protocol Architecture
    • Token Types
    • Use Cases
    • AZKA RoadMap
  • Murabaha Pools V1
    • Providing Liquidity
    • Pool Metrics
    • vROI
    • Murabaha Fee Rate Curve
    • Shariah Considerations
  • Executing Murabaha V1
    • Pre-Requisites
    • Initiating Murabaha
    • Executing Murabaha
    • Quote Methodology
      • Amount of Murabaha Token Required (AMTR)
      • Required Amount of Currency (RAC)
    • Shariah Considerations
  • Managing Murabaha V1
    • Managing Murabaha
    • Liquidation Parameters
    • Liquidation Mechanics
    • Shariah Considerations
  • Token Murabaha Risk Framework
    • General
    • Asset Risk
    • Liquidity Pool Risk
    • Liquidation Risk
    • Risk Parameters
  • AZKA Token Design and Tokenomics
    • General
    • Specific Utilities (AZKA, vAZKA, dLP)
    • Token Distribution
    • vAZKA
      • vAZKA Reward Distribution
    • dLP (Dynamic LP)
      • Initiating dLP
      • vAZKA Murabaha Eligibility
      • Managing Eligibility
      • Claiming vAZKA
  • Governance
    • General
    • DAO Structure and Policies
    • azTeams
  • Developer Docs
    • Murabaha Pools
    • Executing Murabaha
    • Liquidations
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  1. AZKA Token Design and Tokenomics

Token Distribution

The total AZKA token supply of 100,000,000 will be distributed as follows :

Allocation
Percentage %
Vesting

Team

20%

6 month cliff, 2 year linear vesting

Investors

15%

6 month cliff, 1 year linear vesting

IDO (6 months from TGE)

5%

Treasury/Ecosystem Reserve

10%

1 year linear vesting

Platform Incentives

46.5%

Distributed over X years from Liquidity Bootstrapping event

Advisory

1%

6 month cliff from Liquidity Bootstrapping event and subsequent 6 month vesting.

Other Initiatives

(Marketing, Airdrops, Community building, Bug Bounties, Partnerships)

1%

Dynamic and subject to underlying initiative

AZKA/ETH LP

1.5%

The circulating supply at the Liquidity bootstrapping event will be approximately 6.5% and the circulating supply of AZKA (excluding vested eAZKA) 1 year from the IDO will be approximately 41.5%. This value could be slightly more depending on how much AZKA is unlocked in the vesting process.

Other initiatives such as Marketing, community building, partnerships, etc, may also be subject to vesting schedules and increase the circulating supply at the end of 1 year.

Any and all AZKA allocated to Platform incentives will be distributed in eAZKA and subject to the underlying mechanisms described in this section.

vAZKA Emissions

vAZKA emissions for the dLP program will only be available on Arbitrum. Although AZKA will deploy Murabaha Pools/Aggregator on Ethereum no rewards will be allocated to Murabaha activity on Ethereum.

46M 500 thousand vAZKA will be distributed over 10 years.

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Last updated 1 year ago