Token Details & Distribution

The details and rationale for the initial token distribution

Total Supply:

10,000,000,000 (10 billion) $YUGA

By distributing tokens to new investors, contributors, and through the DAO treasury, zkYuga motivates users to engage with the ecosystem and play a role in its expansion. Seed investors, who took the leap of faith in the project's early stages, are duly recognized for their commitment.

Assigning tokens to employees ensures their alignment with the project's long-term prosperity. Additionally, allocations to Yuga Ltd and the Yuga Foundation likely facilitate the continuous development of the project and the broader ecosystem.

Here's a breakdown of the allocation and reasoning.

Distribution

New Investors (10%)

• 1,000,000,000 $YUGA are allocated to attract new users and encourage participation in the zkYuga ecosystem.

Seed Investors (10%)

• Another 1,000,000,000 $YUGA are dedicated to rewarding early backers who took on the risk of investing in the presale, demonstrating their belief in the project's potential.

Employees (20%)

• 2,000,000,000 $YUGA are allocated to zkYuga employees, aligning their interests with the long-term success of the project and incentivizing their continued dedication.

Contributors (25%)

• The largest portion (2,500,000,000 $YUGA) is dedicated to rewarding contributors who have played a vital role in developing the zkYuga protocol and ecosystem. This could include individuals or organizations who built applications, provided technical expertise, or otherwise contributed to zkYuga's growth.

DAO Treasury (15%):

• 1,500,000,000 $YUGA are allocated to the zkYuga DAO treasury. This is a community-controlled treasury that can be used to fund various initiatives such as: Individuals and teams building zkYuga applications, contributing data, or participating in governance can receive $YUGA tokens through grants, bounties, or other incentive programs.

Yuga ltd (15%)

• 1,500,000,000 $YUGA are allocated to Yuga Ltd, likely the company behind zkYuga. This allocation likely supports the ongoing development of the project.

Yuga Foundation (5%)

• 500,000,000 $YUGA are allocated to the Yuga Foundation. This allocation likely supports the foundation's mission to foster the zkYuga ecosystem, potentially through funding research, development, or community initiatives.