Tokenomics of Leancoin (LEAN)
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Leancoin (LEAN) tokenomics will be implemented in Q1, 2023 after the swap from ETH blockchain to the Solana blockchain. Leancoin (LEAN) will be issued in the initial supply of 10,000,000,000 $LEAN.
Leancoin ($LEAN) tokenomics is as follows:
Burning Wallet 32.7%
Partnership Wallet - 20%
Marketing Wallet - 15%
Swap Wallet - 12,3%
Community Wallet - 10%
Liquidity Wallet - 10%
The majority of the new supply for Leancoin will be filled by the Burning Wallet, which at the initial stage will contain 32,7% of tokens but after the swap will be increased to over 37%. 18% of the total supply will be immediately burned to monitor the max supply level relative to Lean Management Token, where 18% of tokens were burned on January 30, 2023.
Initial burning 18% initial supply will be initial burned
Burning Wallet 14.7% initial supply, initial and lifelong lockup: 100% of tokens. / 5% of tokens will be burned monthly The Burning Wallet is a wallet that supports the Leancoin ($LEAN) burning process. On the last day of each month, 5% of the tokens in the Burning Wallet are burned. The Burning Wallet is continuously powered by Lean Community and other branches of $LEAN Ecosystem. Tokens directed to the Burning Wallet are obtained through Marketplace buybacks, Marketplace fees, occasional contributions at major events, Lean Community Marketplace income, community donations, etc.
Partnership Wallet 20% initial supply / 50% of tokens unlocked after 1 month, 50% of tokens after 2 months The Partnership Wallet secures funds for the implementation of Lean Community initiatives, servicing partnerships, or for financing the development of $LEAN Ecosystem.
Marketing Wallet 15% initial supply / 40% of tokens unlocked after a year, and 5% of the initial wallet value is unlocked starting from the 13th month The Marketing Wallet is intended to support the promotion of Leancoin ($LEAN).
Swap Wallet 12,3% initial supply / No vesting, all are unlocked The role of the SWAP Wallet will be to exchange the Lean Management Token for Leancoin. The tokens from this wallet will be transferred to the Lean Marketplace. From this pool, all Lean Management Tokens (Core Team, STC Wallet, Job Placement and Community Wallet, Burning Wallet, Development Wallet, Marketplace Wallet, etc.) will be exchanged.
Community Wallet 10% initial supply / 2.5% of this wallet released monthly, vesting: 40 months The role of the Community Wallet will be to support all activities managed by the Lean Community, such as liquidity on the Lean Marketplace, promotional actions for people in the management segment, and partnerships with the Lean Community.
Liquidity Wallet 10% initial supply / 50% of the wallet is unlocked immediately, and 50% of the wallet is unlocked after 1 year The role of the Liquidity Wallet is to provide liquidity and market-making activities on cryptocurrency exchanges. These tokens will be used solely for listing on the top 5 exchanges according to CoinMarketCap and Coingecko rankings - see: here.
