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What is Lydian
Introduction
Core Vision
Active Treasury Management
Protocol Launch
Initial Token Distribution
Launch information
How to: Bootstrapping Event
Basics
LDN
sLDN (staked LDN)
wLDN (wrapped LDN)
FAQ
Staking & Bonding
Staking
Bonding
Example: Rebase rewards
References
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Initial Token Distribution
Initial Token Distribution
First let’s dive right into the distribution of the initial token supply.
The
initial supply
will be 15 385 LDN, of which 10 000 LDN will be sold during the
Lydian kick-off Treasury Bootstrapping Event
(read more below).
In short:
65% of the initial supply will be up for sale during our Lydian kick-off Bootstrapping Event.
The remainder of the supply (35%) will be reserved for multiple purposes:
2,5% of this supply will account for the initial liquidity to jumpstart the protocol;
12,5% of this supply will be donated to the
Arkadiko DAO
;
20% will be reserved to cover the costs of development, maintenance and auditing of Lydian.
We’ve decided to allocate a chunk of the initial supply to the Arkadiko
treasury for the following reasons:
1.
Arkadiko is the leading DeFi protocol on Stacks and has a strong community that we want to attract;
2.
We want to incentivise the Arkadiko DAO to accept LDN as a pair on the swap;
3.
We expect the Arkadiko treasury to further distribute the LDN tokens to their community, creating an initial user base of DeFi users for Lydian.
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Active Treasury Management
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Launch information
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