LYB tokenomics
Tokenomics will play a crucial part in Lyber’s successful development. In order to ensure proper growth over time, Lyber has meticulously designed a model for its token. Lyber will issue a native token called LYB for its ecosystem with a fixed supply of 500,000,000 units.
Token allocation:
| Category | Amount | In % of Total Supply | Unlock at TGE | In % at TGE | Cliff (in months) | Vesting (in months) |
|---|---|---|---|---|---|---|
Seed | 35,000,000 | 7 | 3,500,000 | 10 | - | 9 |
Private sale | 6,000,000 | 1.2 | 600,000 | 10 | - | 9 |
Public sale | 5,000,000 | 1 | 1,650,000 | 33 | - | 2 |
Development Fund & Marketing | 250,000,000 | 50 | 0 | 0 | 6 | 24 |
Liquidity pool | 144,000,000 | 28.8 | Locked | 10 | - | 12 |
Team & advisors | 60,000,000 | 12 | 0 | 0 | 12 | 12 |
Total supply | 500,000,000 | 100 | 5,750,000 (at TGE) |
Token holders will have the following advantages:
Fee rebates:
LYB gives fee rebates to holders. The current LYB-based fee rebates are described below:
| LYB holding | Discount on fees (in %) |
|---|---|
100 | 5 |
1,000 | 10 |
10,000 | 15 |
50,000 | 20 |
100,000 | 30 |
500,000 | 50 |
Access to new strategy filters
Lyber will be implementing investment strategies created by an AI. In order to create the strategy automatically the user will have to choose the parameters of the strategy. The AI will then generate a strategy taking into account the parameters previously selected.
Set up the strategy parameters
Project type: Layer 1, Layer 2, exchange, lending, staking, gaming, etc.
Supply: infinite/limited, number of tokens issued, etc.
Type of utility: utility token, security token
Vesting: yes/no, over what period if yes
Project status: MVP, beta, live
Project audit: yes/no
(more parameters coming)
Strategy building with AI
Audit of smart contracts
Data analysis
Large portfolio activity monitoring
Social network engagement
Increase volume
Price action
Tokenomics
However, not all parameters will be available at first. Indeed, every user will have an access to a certain amount of parameters and in order to unlock more advanced parameters they will need LYB tokens.
More details will be provided closer to the implementation of this service regarding the LYB allocation needed and the parameters.
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