$GRP Token
Understanding the $GRP Tokenomics
$GRP contract : TBA
$sGRP contract : TBA
Initial Supply
Initial supply will depend of the pre-sale (public & private). A good treasury is needed to have a stable protocol.
There is no maximum supply, total amount of tokens will continuously increase as there is investors (thanks to staking & bonding mechanism).
Pre-sale prices (private & Public)
Private pre-sale is only available for whitelisted people.
Price of $GRP during private pre-sale : $1
Maximum allocation : 2000 $MIM
Public pre-sale is available for everybody.
Price of $GRP during public pre-sale : $1.5
Maximum allocation : No max allocation.
Vesting period
An "anti-dump" mechanism will be used for pre-sales tokens (including private & public tokens). Vesting period is fixed to a 5-day term.*
Vested tokens can be claimed linearly during the vesting period. It means, each day you can claim a maximum of ~14.28% of your pre-sale tokens (to have 100% of your tokens at the end of the vested period).
Gryphon's team do not own any tokens. They are getting paid by bonds. This is a security to avoid any dump on the token. More the project will be sustainable, more the development team will be paid accordingly to bond prices.
*vested period can be updated the week before launch. It's the DAO of people, feel free to propose any suggestions in the official discord.
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