# Tokenomics

[IDRISS](https://basescan.org/token/0x000096630066820566162c94874a776532705231) is the utility and governance token of IDRISS DAO.

* Name/Symbol: IDRISS
* Network: Base + Superchain
* Supply: 1 billion (1B)
* Circulating supply is viewable on [CoinMarketCap](https://coinmarketcap.com/currencies/idriss/)

#### Optimistic governance

Token holders have voting rights within an [optimistic governance framework](https://docs.idriss.xyz/idriss-dao/governance). This model combines startup-like agility with transparency. A core team manages day-to-day operations, while token holders provide decentralized oversight. They trust the team to make routine decisions but retain the power to veto major changes or replace the team if needed.

#### Allocations

<figure><img src="https://4270126336-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKXE3JPgmqjyJqrjxLjGB%2Fuploads%2FaFyeSQcJtLYwwSEUBMHE%2FIDRISS_Allocations.png?alt=media&#x26;token=32b6bed6-e72b-4963-a0ae-56d530d8aee9" alt=""><figcaption></figcaption></figure>

<table><thead><tr><th width="114">Category</th><th width="111">Percentage</th><th width="525">Description</th></tr></thead><tbody><tr><td>Sale</td><td>5%</td><td>Publicly sold with 100% of the proceeds funding liquidity</td></tr><tr><td>Liquidity</td><td>5%</td><td>Paired with funds raised from the sale to create a trading pair on<br>a decentralized exchange (DEX)</td></tr><tr><td>Airdrop</td><td>20%</td><td>Retroactive airdrop for users who contributed to the ecosystem with <br>a portion reserved for partner communities</td></tr><tr><td>Team</td><td>20%</td><td>Allocated to the current team, future team members, community contributors, and advisors</td></tr><tr><td>DAO Treasury</td><td>50%</td><td>Reserved for the DAO treasury to fund operations, development, marketing, user incentives, and grants</td></tr></tbody></table>

#### **Vesting**

* Sale & Liquidity: fully liquid at TGE
* Airdrop: exact release mechanism to be announced
* Team: 3-year monthly linear vesting with a 1-year cliff\*
* DAO Treasury: 3-year monthly linear vesting with a 5% TTS unlock at TGE

#### \*Team vesting details

* 19.27% of the total 20% team allocation is under a 3-year vesting schedule with a 1-year cliff.
* The remaining 0.73% was allocated under the original 3-year schedule with a 3-month cliff to early community contributors and advisors.
* 7.61% of the total 20% team allocation remains unallocated and reserved for future contributors. These tokens follow the new schedule with a 1-year cliff, meaning their first partial unlock could occur much later depending on when they're allocated.


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