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)
Circulating supply is viewable on CoinMarketCap
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.
In the future, project revenue streams are planned to be distributed through permissionless smart contracts, compensating users and token holders for specific actions they perform.
Sale
5%
Publicly sold with 100% of the proceeds funding liquidity
Liquidity
5%
Paired with funds 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 1-year cliff*
DAO Treasury: 3-year monthly linear vesting with a 5% TTS unlock at TGE
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.
