IPOR Protocol
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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.
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Who
Vesting details
Wallet Address
30%
DAO Treasury
Governed by IPOR DAO
25%
Liquidity mining
Emission of 1.05 tokens per block. Can be adjusted by the DAO.
12.76%
Operations
No vesting. To be used by the DAO
20%
Core Team
Linear vesting over 3 years. No cliff.
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.

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.