Token Utility and Functionality
The $LONG token, an ERC20 token, serves as the central medium within Belong and other partner ecosystems, facilitating a range of activities and interactions. Its primary utilities are:
Access & Engagement
Token holders gain exclusive access to certain platform areas and events, enhancing user engagement and loyalty.
Staking & Governance
Users can stake $LONG tokens to participate in gover- nance decisions, influencing the platform's direction and policies.
Rewards & Incentives
The tokenomics include a rewards system, where users earn $LONG tokens for activities like referrals and active participation, fostering a vibrant community.
Transaction Medium
$LONG facilitates transactions within the platform, acting as a currency for various services and features.
Belong token flow ($LONG)
This multifaceted utility of $LONG tokens underpins the robust and dynamic nature of Belong and partner platforms, driving both user engagement and platform sustainability.
Token Circulation & Economics
Staking and Rewards:
In the larger ecosystem, creators can initiate their own staking pools by committing $LONG tokens, enhancing the existing staking framework where users directly stake $LONG into creators’ or organizers' accounts. This mechanism not only boosts creator engagement but also benefits stakers with event discounts and revenue sharing.
Crucially, the Annual Percentage Yield (APY) of these staking pools is directly linked to the creator's activity level, providing a dynamic incentive for increased participation. The higher the creator's engagement on the platform, the higher the potential APY for stakers, creating a mutually beneficial environment for both creators and the community.
This system effectively intertwines staking rewards with platform activity, governance participation, and ecosystem fee reductions, fostering a thriving and interconnected community.
Seed
TGE, %
4.00%
Cliff (M)
6
Vesting (M)
24
Private
TGE, %
7.00%
Cliff (M)
4
Vesting (M)
20
Kol
TGE, %
5.00%
Cliff (M)
-
Vesting (M)
6
Public
TGE, %
15.00%
Cliff (M)
3
Vesting (M)
6
Team
TGE, %
0.00%
Cliff (M)
12
Vesting (M)
24
Liquidity
TGE, %
30.00%
Cliff (M)
-
Vesting (M)
24
Rewards
TGE, %
0.00%
Cliff (M)
-
Vesting (M)
48
Advisors
TGE, %
0.00%
Cliff (M)
5
Vesting (M)
24
Reserve Fund
TGE, %
0.00%
Cliff (M)
12
Vesting (M)
36
Community support
TGE, %
10.00%
Cliff (M)
3
Vesting (M)
12
Token Allocation
Community support
4.0%
Reserve Fund
18.0%
Advisors
5.0%
Rewards
25.0%
Liquidity
8.0%
Seed
14.0%
Private
9.7%
Kol
3.0%
Public
3.3%
Team
10.0%
Emissions
The below graphs are used to understand your emission schedule. By ‘emissions’ we specifically mean releasing minted tokens from your treasury (which is the sum total of all unreleased tokens in each respective category) into circulating supply.
One can generally expect selling pressure when tokens become available (specifically from the fundraising rounds), making token emissions a useful metric for assessing and evaluating the impact of releasing tokens into the market. However, not all token tranches have tokens that are sold as soon as they’re unlocked. For example, tokens allocated for marketing, ecosystem development, and other categories can be unlocked but saved for future use.
Circulating Supply
+
Treasury
=
Total Supply
The emissions schedule was designed with careful consideration.
Unlock tokens by month total
Reserve Fund
Advisors
Rewards
Liquidity
Team
Public
Kol
Private
Seed
Funded by the creators of brands you know and love: