Tokenomics
Overview of Tokenomics
The WES token is central to the Wesion ecosystem, functioning both as a utility token for transactions within the platform and as a governance token that allows holders to participate in decision-making processes. The tokenomics of WES are carefully designed to foster a balanced and sustainable ecosystem, with mechanisms for supply management, rewards distribution, and community incentives.
Token Supply and Allocation
The total supply of WES tokens is capped at 1,250,000,000, ensuring a fixed supply that helps maintain scarcity and value. These tokens are distributed among various stakeholders and purposes to drive platform expansion, stimulate participation, and maintain liquidity. Here is the allocation breakdown:
Early Investors (10%): 125,000,000 tokens are allocated to early investors with a 12-month cliff followed by a 24-month vesting period. This incentivizes early supporters while aligning their interests with the long-term success of Wesion.
Community Sale (20%): 250,000,000 tokens are reserved for community sales, enabling early adopters to participate without market shocks. These tokens are distributed over 30 months with no cliff.
Liquidity (12%): 8% of the total tokens (100,000,000) are allocated for immediate liquidity, with an additional 4% (50,000,000) vested over 12 months to stabilize market value.
DAO Governance (11%): 137,500,000 tokens are reserved for community governance, vested over 36 months to ensure a decentralized decision-making process.
Reserved for Future Use (5%): 62,500,000 tokens are held for unforeseen opportunities or challenges, with a 36-month vesting period.
Ecosystem Fund (22%): 275,000,000 tokens are dedicated to ecosystem development, partnerships, and community grants, supporting long-term platform growth.
Community Projects (7%): 87,500,000 tokens are allocated to user-led initiatives over a 54-month period to foster innovation and participation.
Team (10%): 125,000,000 tokens are allocated to the core team, vested over 48 months, to align their interests with the platform's long-term goals.
Early User Incentives (1%): 12,500,000 tokens are used to reward early adopters, promoting initial platform engagement.
Market Making (2%): 25,000,000 tokens facilitate market stability, vested over 18 months to prevent sudden market shifts.
Allocation Rationale
Each allocation is designed to serve a specific purpose within the Wesion ecosystem:
Early Investors: Encourages long-term commitment by aligning investor interests with platform success.
Community Sale: Promotes a decentralized ownership structure from the outset.
Liquidity: Stabilizes the market and ensures smooth transactions.
DAO Governance: Empowers the community to participate in the platform’s development and decision-making.
Ecosystem Fund: Fuels platform innovation, partnerships, and community-driven initiatives.
Team: Ensures the team’s long-term dedication to the project.
Market Making: Helps stabilize trading and maintain market liquidity.
Token Utilities
The WES token has multiple utilities within the Wesion ecosystem:
Marketplace Currency: Used for transactions on the marketplace, including purchases of goods, services, and tokenized assets.
Fee Distribution: Marketplace fees are allocated as follows: 50% to the treasury, 40% burned (up to 250 million tokens), and 10% distributed among sellers.
Staking: Token holders can stake WES to earn rewards, with higher interest rates for longer commitment periods.
Governance: Token holders can vote on key decisions, including treasury management and ecosystem fund allocations.
Discounted Services: Transactions in WES tokens offer users platform discounts, incentivizing token usage.
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