AAA is the Adara utility token used to pay trade fees and to incentivize and reward users. AAA is provided as a rebate for takers, and used for fee payments by makers.
This constant cyclical flow ensures healthy trade volumes and exposes all users to the mechanics of our token.
Total AAA supply = 1,000,000,000.00 of tokens.
IEO Token Supply
We will sell 15% of tokens in the IEO (15,000,000.00 AAA). These tokens will be distributed on a daily linear unlock schedule to investors.
Our private sale started with a very small strategic seed and first private sale round. These tokens are vested for 12 months, and release daily. The current public pre-sale round available to top reputation score earners, and early contributors, is priced at 0.15$, tokens will unlock daily during a 4 months vesting period. Public sale is planned for Q1 2020.
AAA is provided as a rebate for takers, and used in fee payment by makers. The mined AAA will follow a vesting scheme as follows:
AAA earned during the Pre-IEO period will be unlocked 21 days after the IEO. Adarians can unlock their AAA faster through ranks. AAA earned during the Pre-IEO period will be unlocked 21 days after the IEO. Adarians can unlock their AAA faster through Ranks
AAA IEO price = 0.25 USD.
During the first year, the only tokens that will unlock will be team and investor tokens. No other tokens will be added to the monetary base.