Token Economics
Token Details
Name: HiveSwap Token
Ticker: HIVP
Chain: MAP Protocol Chain and Ethereum
Contract:
MAP Protocol Chain:https://www.maposcan.io/token/0x69c43364667cf6279016bbec76445174c78f142d
Ethereum:https://etherscan.io/token/0x1e2aa124385016f9bd3ed87d21d907fac21fe707
Total Supply (Max): 2,100,000,000 HIVP
Part | Token Percentage | Distribution schedule(Start from TGE) |
---|---|---|
Airdrop and Marketing | 20% | TGE 3.5%, 3.5% released 2 weeks after TGE and the remaining 13% released 30 days after TGE |
Treasure | 15% | TGE 0%.Start unlock in September 2024 and it will be unlocked linearly every quarter until June 2025. |
Team | 15% | TGE 0%, Linear release within three years.Start unlock in August 2024, it will be unlocked monthly until July 2027. |
Mining | 50% | TGE 0%, linear release within five years |
Airdrop and Marketing:20%
History traces Airdrop and marketing expenses. Used to reward users who add liquidity or Swap before April 2nd 2024, and marketing campaigns and eco-partnerships expenses.
Treasure:15%
This part may be used to fund development, manage the token supply through buy-backs, or other initiatives that support the long-term health of the platform.
Team:15%
HiveSwap contributors will receive 15% in tokens to incentivise them to keep building and nurturing a healthy ecosystem.
Mining:50%
This part is for staking rewards(Hiveswap carnival event) and LP Mining.
For Hiveswap carnival event rewards(8%): 10% of the total $HIVP Rewards will be distributed after the event ends(Dec 2,2024), with the remaining rewards linearly released over eight months.
LP Mining(42%):Users can earn rewards by depositing and locking Liquidity Provider (LP) tokens in the Liquidity Pool. The LP token rewards earned can be farmed on the platform, allowing users to accumulate HIVP.
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