HydraSwap Gitbook
  • Home
  • Introduction
    • What is HydraSwap
    • Current Market Pain Points
    • Why Solana
    • What Can HydraSwap Provide for Solana Ecosystem
  • Getting Started
    • SPL Wallet
    • Getting $SOL
  • Tutorial
    • How to Connect Your Wallet
    • How to Swap
    • How to Add / Remove Liquidity
  • Technology
    • Solana
    • Hydra Market Maker (HMM)
  • Tokenomics $HYS
    • Token Issuance
    • Token Value
  • FAQ
    • About HydraSwap
    • About $HYS Token
    • About Trading
    • About LPs
    • About Other Functionalities
  • Changelog
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  1. Tokenomics $HYS

Token Issuance

$HYS is HydraSwap’s governance token. Its total supply is 100,000,000. $HYS is an SPL token issued on Solana. Through our cross-chain bridge, it can be swapped for BSC, HECO, or ETH-based assets (or other public chain assets), and can be circulated within the financial ecosystem of different public chains. The token distribution plan of $HYS is indicated below:

A. Liquidity Mining --- 45%

Used for early stage liquidity mining incentives. Vested in 48 months.

B. Early Investors --- 11%

Seed round and strategic round funding. Vested in 12-months.

C. IDO --- 0.5%

Initial Dex Offering. No lockup.

D. Treasury, CEX, AMM Liquidity --- 5.5%

For CEX and AMM liquidity adding and the treasury prepared for market campaigns or extreme market situations.

E. Ecosystem Fund --- 12%

Used for sustainable community incentives and ecosystem development, including incentives to community partners, cross-chain bridge notaries and other ecosystem cooperative partners. Vested in 48 months.

F. Teams --- 18%

Used for incentives to founding team, including community operators and smart contract developers. Vested in 48 months.

G. Advisory --- 8%

Incentives to those early and core advisors that assist HydraSwap’s development and growth in different aspects. Vested in 24 months.

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Last updated 2 years ago