Token distribution model

Minting and burning

One hundred million (100,000,000) IPOR tokens were minted at inception. The mint function is not available beyond the initial mint. Likewise, there is no burning method. The IPOR token is a simple non-upgradeable ERC20 contract.

Token allocation

All vesting mentioned below starts at TGE.

Share	Who	Vesting details	Wallet Address
30%	DAO Treasury	Governed by IPOR DAO	0x558c8eb91F6fd83FC5C995572c3515E2DAF7b7e0
25%	Liquidity mining	Emission of 1.05 tokens per block. Can be adjusted by the DAO.	0x0b65625f905168EF24829fb625B177f83f1BFe6B
12.76%	Operations	No vesting. To be used by the DAO	0xB7bE82790d40258Fd028BEeF2f2007DC044F3459
20%	Core Team	Linear vesting over 3 years. No cliff.	0x6f8c6Ae4e765a5d1fe07763B41c43453132C5D3d
11.85%	Investors	Linear vesting over 3 years. No cliff.	Multiple vesting walllets
0.39%	Retroactive Rewards	85,200 unlocked from 18.01.2023. 305,000 vesting 6 months from the same date.	Multiple wallets.

Inflation rate

The IPOR Token emission starts with retroactive rewards for early protocol users, followed by IPOR's Liquidity Mining model (Power Tokens). The initial inflation rate started at 10,800 pwIPOR tokens per day for the first 3 months. After a successful vote in IPOR's Economic Working Group on April 25, the inflation rate was adjusted to 7,560 pwIPOR (0.35 tokens per block, per pool).

Issuance details are displayed in the chart below.