Initial Distribution & Emissions
Detailed breakdown of Kittenswap’s token distribution and emission schedule
Token Distribution Overview
The initial distribution of KITTEN tokens is designed to ensure long-term sustainability and fair participation across all users in the ecosystem.
Initial Total Supply Breakdown
Total Supply: 1,000,000,000 KITTEN tokens
| Category | Allocation | KITTEN/veKITTEN | Details |
|---|---|---|---|
| Airdrop | 300,000,000 (30%) | veKITTEN | Airdrop for early adopters and participants in Kittenswap |
| Raise & TGE | 150,000,000 (15%) | KITTEN & veKITTEN | Initial token generation event for public sale of KITTEN tokens |
| Initial Liquidity | 100,000,000 (10%) | KITTEN | Paired with HYPE for the initial liquidity for KITTEN |
| Team, Contributors & Development | 200,000,000 (20%) | veKITTEN | Most will be in veKITTEN with some in KITTEN for external payments |
| Project Grant | 150,000,000 (15%) | veKITTEN | Grants for ecosystem projects working with Kittenswap and growth |
| Reserve and Incentives | 100,000,000 (10%) | KITTEN | Reserve for future incentives |
Detailed Distribution
Airdrop (30%)
The largest portion of tokens is allocated to the airdrop for early adopters with aligned interests with Kittenswap:
-
Liquidity
- Distributed to liquidity providers
- Weighted and bootstrapped by points
- Points boosted with multiplier
-
dApp Interactions
- For early adopters
- Early participants in testing and using our dApp
-
Community
- Through point distribution to community feedback users
- To active participants in testing and reporting feedback
NFT & Public Raise - TGE (15%)
15% of the allocation will be reserved for raising funds:
-
MechaCats NFT - Round 1 (snapshot whitelist)
- Open to early adopters
- Snapshot of points early adopters for round 1 whitelist
- 1.25x multiplier boost in future points for NFT holders
-
MechaCats NFT - Round 2 (public)
- Open to the public
- 1.25x multiplier boost in future points for NFT holders
-
Public raise - TGE
- Open to all
Liquidity (10%)
Up to 10% will be paired with HYPE raised to form the initial protocol-owned liquidity.
Team, Contributors & Development (20%)
The allocation is subjected to a max lock of veKITTEN to align long-term interests:
- Almost 100% in veKITTEN
- veKITTEN is max lock 2 years
- Small percentage in KITTEN for external payments
Project Grants (15%)
15% will be reserved for grants. To expand Kittenswap and build together with other projects, we will be providing grants to partnership projects in the HyperEVM ecosystem. They will be in the form of veKITTEN.
Reserves & Incentives (10%)
This allocation will be used for:
- Bootstrapping initial pools via bribes and incentives
- Future growth incentives
- Platform community development and expansion
- Allocation for future opportunities and challenges
Emission Voting
veKITTEN holders have significant control over emissions:
Voting Power
- Proportional to lock duration
- Maximum voting power for 4-year locks
Gauge Weight Voting
Voters can influence:
- Gauge-specific emission rates
- Directly influence the APR of each liquidity pool
Emission Schedule
Kittenswap implements a dynamic emission schedule designed to maintain long-term sustainability while providing attractive rewards for early participants.
Weekly Emission Structure
- Initial Weekly Emission: 20,000,000 KITTEN (2%)
- Decay Rate: 1% reduction per week