The forth GGTK tokenomics update is here!
TL;DR
Current circulating supply: ~35 800 000 GGTK
Total supply: 46 800 000 GGTK
Total amount of locked tokens: 11 000 000 GGTK (23,5%)
At this point five time-lock contracts have already expired. Today we released 20 million GGTK tokens from contracts that reached their maturity on December 27th, 2022, and December 27th, 2023, for the 24 and 36-month locks, respectively. We plan to send this tokens to the rewards smart contract, to be deployed in Ethereum.
The current circulating supply of GGTK stands at approximately 35.8 million. This total includes the 1.6 million GGTK allocated to the four-year NULS POCM program. It’s important to note that these tokens will become fully available only after the completion of the four-year period.
Token Distribution and Vesting Schedule
Pre-sale — 5 000 000 GGTK (10%) — Fully unlocked — 3 197 520 unsold tokens were burned before Uniswap Listing.
Team — 4 000 000 GGTK (8%) — Locked from 12 to 48 months, 25% will be released each year.
Partners and Promotion — 5 000 000 GGTK (10%) — 10% was unlocked at the launch, then 20% will be released each year.
Marketing — 5 000 000 GGTK (10%) — 10% was unlocked at the launch, then 20% will be released each year.
Insurance fund — 5 000 000 GGTK (10%) — Locked from 24 to 60 months, 25% will be released each year.
GGTK Rewards — 21 000 000 GGTK (42%) — Locked from 6 to 60 months, 12,5% will be released each year in the first 4 years.
Liquidity provision — 5 000 000 GGTK (10%) — 50% unlocked at the launch (Uniswap liquidity), then 20% will be released each year.
Time-lock contracts
Review all the time-lock contracts here:
3 month time-lock (expired April 2nd 2021) — 500 000 GGTK — https://etherscan.io/address/0x227723e4d0a90ceddffa84dc9a8d808dafdc6bad#code
6 month time-lock (expired June 27th 2021) — 6 500 000 GGTK — https://etherscan.io/address/0xbe44904022e1839df153b766a4d875ba6ef28cc3#code (2 million were re-locked into the 24 month time-lock)
12 month time-lock (expired December 27th 2021) — 7 500 000 GGTK — https://etherscan.io/address/0x93f9f8c124df84780226388a9b6f5ee0b76e98ed#code
24 month time-lock (expired December 27th 2022) — 12 000 000 GGTK — https://etherscan.io/address/0x2a04b61db1ff1cc90deb94dac4eba81122c2204b#code
36 month time-lock (expired December 27th 2023) — 8 000 000 GGTK — https://etherscan.io/address/0x27c5be8c394f85b6fbf92292afef5833f75d21e9#code
48 month time-lock (December 27th 2024) — 5 500 000 GGTK — https://etherscan.io/address/0xd884d26c8e4e2e7cdff28ca1fd940b24648dc7c5#code
60 month time-lock (December 27th 2025) — 5 500 000 GGTK — https://etherscan.io/address/0x0e56e31a6241977fc46383aac121ac00bca8d2a4#code
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