$WAGYU is the token assocaited with the Wagyu Protocol and @TheWagyuBot on Telegram. The token will be distributed through a combination of liquidity events and airdrops to eligible users of the Wagyu Protocol. Airdrop and Distribution Eligibility will be outlined at a later date.
Total Supply
10 Million
Initial Circulating Supply
2.35 Million
Launch Network
Ethereum
Creation Date
02-29-2024
Allocations
General Total Allocations outlined below, many allocations are subject to unique distribution which is outlined in Vesting Schedules.
20%
Liquidity
2 Million
25%
Burnt
2.50 Million
35%
Treasury
3.50 Million
10%
Team
1 Million
10%
Presale
1 Million
Valuations
Assuming ETH = $3,500 USD
All metrics outlined below are as of the initial launch of $WAGYU on 02-29-2024. Circulating Supply will change after launch resulting in the below metrics being outdated.
Liquidity Tokens
2 Million
Liquidity (ETH)
20 ETH
Liquidty (USD)
$70,000 USD
Initial Liquidity Value
$140,000 USD
Starting Price (USD)
$0.035
Starting Price (ETH)
0.00001 ETH
Fully Diluted Value (USD)
$350,000 USD
Fully Diluted Value (ETH)
100 ETH
Circulating Value (USD)
$82,250 USD
Circulating Value (ETH)
23.50 ETH
Vesting Schedules
Treasury, Team, and Presale Token Allocations are subject to the following Token Vesting Schedules.
🗝️ Treasury
3,500,000 WAGYU Allocation:500,000 WAGYU Unlocked
- Initial unlocked tokens in the Treasury will be used to reward early contributors to @TheWagyuBot and WagyuProtocol. Airdrop and Claim criteria will be announced at a later date.
3,000,000 WAGYU Locked
- Locked WAGYU follows a 4-Year Linear (Monthly) unlock schedule. Following this schedule, 62,500 WAGYU will be unlocked from the Treasury each month after initial launch to be used in protocol incentives and partnerships. Any unused tokens at the end of the month will be relocked with their release date at the end of the Vesting Period.
🤝 Team
1,000,000 WAGYU Allocation:100,000 WAGYU Unlocked
- Initial unlocked tokens will be utilized to negotiate stake within Wagyu Protocol for current and future employees. New members' allocations will be subject to further internal Vesting Periods.
900,000 WAGYU Locked
- Locked WAGYU follows two unlock schedules for Team tokens.
- 400,000 WAGYU is subject to a 2-Year Linear (Monthly) unlock schedule. Following this schedule 16,667 WAGYU will be unlocked monthly for the first two years.
- 500,000 WAGYU will be locked for an initial 2-Years and then follow a 4-Year Linear (Monthly) unlock schedule. Following this schedule, Years 2 to 6 will see 8,333 WAGYU unlocked monthly.
💸 Presale
Presale Allocations were capped at a maximum of 50,000 WAGYU per entity. Not every allocation was of this size, but all allocations are subject to the same Vesting Schedule.
Assuming a 50,000 WAGYU allocation:12,500 WAGYU Unlocked
- 25% of Total Allocation is unlocked on Token Deployment.
37,500 WAGYU Locked
- Locked WAGYU follows a 6-Month Linear (Weekly) unlock schedule. Following this schedule, 1,562.50 WAGYU will be unlocked in the Presale per week. Presale allocations are subject to internal agreements and can be revoked should terms not met.
