Tokenomics
Last updated
Last updated
IDRISS is the utility and governance token of IDRISS DAO.
Name/Symbol: IDRISS
Network: Base + Superchain
Supply: 1 billion (1B)
Project revenue streams will be distributed through permissionless smart contracts, compensating users and token holders for specific actions they perform. The IDRISS DAO will finalize the details of this decentralized revenue sharing mechanism in Q2 2025.
Token holders have voting rights within an Optimistic Governance framework. 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. Details about the Optimistic Governance framework will be announced before the airdrop.
Sale
5%
Publicly sold with 100% of the proceeds funding liquidity
Liquidity
5%
Paired with USDC raised from the sale to create a trading pair on a decentralized exchange (DEX)
Airdrop
20%
Retroactive airdrop for users who contributed to the ecosystem with a portion reserved for partner communities
Team
20%
Allocated to the current team, future team members, community contributors, and advisors
DAO Treasury
50%
Reserved for the DAO treasury to fund operations, development, marketing, user incentives, and grants
Sale & Liquidity: fully liquid at TGE
Airdrop: exact release mechanism to be announced
Team: 3-year monthly linear vesting with a 3-month cliff
DAO Treasury: 3-year monthly linear vesting with a 5% unlock at TGE