Vesting Terms

The vesting terms will be as follows :

  • Marketing Incentives: 40% of the 1,200,000 tokens reserved for marketing will be released at TGE while the rest will be linearly vested over the course of 12 months following launch.

  • Presale: As said in the presale category, the private sale will be subject to a vesting schedule with 20% released at TGE, followed by a 4-month linear vesting period whilst the public sale will be subject to a vesting schedule with 25% released at TGE followed by a 3-month linear vesting.

  • Team: The team will receive 1,200,000 $Nova. Team allocation will also be vested starting with a three-month cliff followed a linear vest over a period of 12 months.

  • Incentives: To incentivize users to deposit and borrow, 5,000,000 $Nova will be used to subsidize fees. These tokens will be linearly vested over a period of 48 months.

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