# Tokenomics

Published 2022-09-18

The public listing will be set at $5. The protocol will deploy a liquidity management protocol (LMP) that maintains the liquidity pools in such a way that the token price moves within a certain range.

# Highlights

  • $53000 initial market cap
  • Less than 6% of total supply sold
  • 10 million total supply
  • $5 listing price
  • 50m FDM
  • More than 60% reserved for community rewards

Tokenomics
Tokenomics

# Liquidity Lock

We will use the liquidity lock solution from UniCrypt. (more info https://docs.unicrypt.network/liquidity-lockers/general-concept)

Min. 25% of all given liquidity will be locked, the leftover will be used to maintain the price of $CEPH. The team wallet 0xD07CBc187bF453B696864576A7EBe15FE45053Cb will be used to provide and manage the liquidity.

# Distribution

We reserved 10% for liquidity vaults. The tokens will be distributed across three different wallets:

  1. Liquidity management system (LMS) - manages the liquidity pool, maintains the price
  2. DEX liquidity pool
  3. CEX deposit address

Token distribution
Token distribution

# Vesting schedules

Vesting period, also called the token lockup period, refers to a period in which tokens sold in the pre-sale ICO stage and offered to partners and project team members as incentives for their contribution are prevented from being sold for a specific period.

The public tokens are not locked, vested for 3 months and 5% will be released at TGE.

The private tokens are locked for 3 months, vested for 18 months and 5% will be released at TGE.

The seed tokens are locked for 1 month, vested for 24 months and 2.5% will be released at TGE.

The tokens can be claimed via a token vesting portal. The vesting portal supports any Web3 wallet.