Team & Advisor Incentives and VC investment pledge status
The total amount of NOAH is 21,000,000, esNOAH needs unlocking to become NOAH
· Liquidity mining & staking mining: 16,800,000 esNOAH (80%)
· Team & Advisor Incentives: 225,000 NOAH + 1,350,000 esNOAH (7.5%). It will be released after 12 weeks and will be unlocked in 9 times. 25,000 NOAH + 150,000 esNoah will be released every 12 weeks.
· VC investment: 225,000 NOAH + 1,350,000 esNOAH (7.5%). It will be released after 12 weeks and will be unlocked in 9 times. 25,000 NOAH + 150,000 esNoah will be released every 12 weeks.
· Marketing & airdrop activities: 1,050,000 NOAH (5%)
The first issue (released in the 13th era):
According to the white paper rules, the system released the first phase of team incentives and VC rewards in the 13th era, totaling 50,000 NOAH. For the long-term development of the NOAH project, the team encouraged and negotiated with VC investment. The team and VC decided to automatically pledge all tokens released in the first 3 periods for 3 years, that is, when the release is executed every 12 epochs, all NOAH tokens under the account name will be pledged. The term is automatically extended to 3 years.
The second issue (released in the 25th era):
A total of 50,000 NOAH has been released, and the current pledge expiration time of a total of 100,000 NOAH is 2027-04-08 08:00:00.
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