Ladder Token

Ladder Token Allocation

The Ladder Token is essentially an Ethereum-based token distributed from the zkSync chain. The total number of supply is 300,000,000 $Ladder.

35% Treasury

The treasury of Ladder Finance is essentially used for a liquidity provision. In addition, this can be used for CEX listings, incentive programs for developers or depositors, grants, event funding, etc. The 20% of the supply is immediately liquid, however, it cannot be sold to the market by the trading or transfer. The remaining portion will be vested linearly over 3 years(To be announced). All asset movements and diversions from Treasury are official announced except the part of a non-disclosure agreement with a specific company.

15% Team

This allocation will be distributed for the team members, future team. It will be used for the future of Ladder Finance. This amount will be distributed linearly over 3 years.

12% Sales

Sales includes series investment, angel rounds targeting institutions and individuals, as well as public sales such as IDOs and IFOs. Different types of series investment, initial offerings have different lockup periods, vesting schedules, etc. You can find more details in the sales section of ‘the Contract Address’.

25% Product Operation Reward

This fund is deployed when incentives are allocated to depositors who fund synthetic strategies or other ecosystem contributors to Ladder Finance, such as staking $Ladder tokens or providing LPs. Basically, the difference between this fund and Treasury is that Treasury is a one-time use, whereas our team is aiming for fixed asset allocations including LP Pool Rewards and Staking Rewards. This contract has each different vesting schedule which can be found in the contract address section.

10% Advisor and Partnership

This volume is a reward for stakeholders who help to the ecosystem of Ladder Finance like advisory roles and institutional supports. This amount will be distributed linearly over 3 years.

3% Initial Event

This allocation is for the early contributors who recognize our potential and possibility. This supply is only held before the token is issued, and for a short time afterwards, and any unused supply will be burned.

※ Disclaimer

Ladder Finance generally follow the decisions of the DAO. However, our team also has the right of exercising veto if we find the risk of the 51% attack or a demand that is extremely unfavorable to Ladder Finance depositors, a proposal that would cause the protocol and Ladder Finance to cease to exist, or the encouragement of activities that are so risky that they could cause permanent losses, in order to protect our interests and the safety of our depositors.