Tokenomic
$ASL will be a governance & IDO & Gamefi token. The token distribution follows a fixed supply, constant emission model, with burning mechanisms.
Token Information
Name: Astarlink Token
Ticker: $ASL
Token information‌‌‌
Type: Astar Network Token
Ticker: ASL
Total supply: 1,000,000,000 ASL
Token Contract Address: Releasing soon
Initial circulating supply: 100000 $ASL with 100K value of $ASTAR (Listing Price: 1 USD)
Initial Market Cap: $100,000
Token distribution
The token distribution plan is as follows:
Mining of early bird
10
500,4000
Official mining phase 1
5
13,140,000
Official mining phase 2
2.5
6,570,000
Liquidity Providers (LP):
70%
Treasury(50%unlock at TGE,12.5% unlock each quarter thereafter)
5%
Marketing(50%unlock at TGE,12.5% unlock each quarter thereafter)
5%
Team (6 month linear unlock)
10%
Strategic Partnerships (minimum 6 month linear unlock)
10%
Emissions
All tokens are distributed according to the emission schedule. That means that the team funds and treasury funds are distributed at the same pace as the LP farms.
Part of the emissions are reserved for future strategic partnerships to help the $ASL ecosystem grow. If allocated these will enter a minimum 6-month linear vesting.
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