Rewards and Distribution
What is ATID's max supply?
ATID has a max supply of 1,000,000,000 tokens.
Is ATID a governance token?
No. ATID is the protocol token for AstridDAO. The actual voting power and fee distribution is not directly associated with ATID, but with veATID.
How can I earn ATID?
ATID is earned in three ways:
Depositing BAI into the Stability Pool
Depositing collaterals to borrow BAI (as early adopter incentives)
Locking ATID to generate veATID tokens and earn locking incentives
What can I do with ATID?
ATID holders can lock their tokens to generate veATID tokens, to earn the fees generated by loan issuance and BAI redemptions.
What is ATID's distribution schedule?
Private Sale
6 month cliff, 2 year linear vesting
Team
1 year cliff, 3 year linear vesting
Marketing
released at TGE, used for CEX listing, future events, etc.
Early Contributors
1 year cliff, 3 year linear vesting
On-chain Treasury
6 month cliff, 3 year linear vesting
Public Offering
TBD
Stability Farming
20% of the remaining ATID tokens would be released each year. 90% of the total ATID tokens used for Stability Farming would be released in 10 years. No vesting
Deposit Incentives
6% for the initial 3 months, 2% for the XCM festival, released to users with 6 month cliff, 3-year linear vesting
$ATID Staking Incentives
Released in 2 years. No vesting
What are ATID's allocations?
Private Sale
20%
Team
20%
Marketing
5%
Early Contributors
5%
On-chain Treasury
10%
Public Offering
5%
Stability Farming
25%
Deposit Incentives
8%
$ATID Staking Incentives
2%
Will there be an ATID airdrop?
Yes, the ATID airdrop is associated with the Deposit Incentives and ATID staking Incentives.
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