🔓Unlock schedule
Every 2 weeks, new $ECITY tokens will be automatically minted and transfered to the Treasury Wallet to be redistributed to holders of Elrond City NFTs.
The quantity minted will be reduced every year for 5 years, to increase the scarcity of the token and reward early adopters. 5 years after launch, all $ECITY tokens will have been minted.
| Years since launch | Tokens injected that year | Total supply |
|---|---|---|
0 (Launch) | 300 000 (pre-minted) | 300 000 |
1 | 355 000 | 655 000 |
2 | 185 000 | 840 000 |
3 | 90 000 | 930 000 |
4 | 50 000 | 980 000 |
5 | 20 000 | 1 000 000 |
The 300 000 pre-minted $ECITY tokens are meant for the Team, the Bounty Program, the airdrops for the Liquidity Providers and the Insurance fund.
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