Token Allocations & Vesting
MOD Token Allocation
The total supply of MOD tokens is set at 1,000,000,000 MOD, allocated strategically to ensure the platform's growth, security, and community engagement. Below is the detailed allocation:
8% Private Sale (80,000,000 MOD) The private sale offers 80 million MOD tokens at $0.0125 per token, with a total value of $1,000,000. Funds raised will be dedicated to platform development and expansion. For more details about the private sale, please visit this link.
3% Airdrop (30,000,000 MOD) A total of 30 million MOD tokens are allocated for community airdrops, split across three phases. These airdrops reward users for completing specific tasks, participating in staking, and supporting the platform. For more details about the airdrop, please visit this link.
15% Founder & Team (150,000,000 MOD) This allocation incentivizes the core team, ensuring long-term commitment to the success of Storychain.
15% Public Sale (150,000,000 MOD) The public sale allocation provides new users with the opportunity to buy MOD tokens, with funds going towards platform development, marketing, and expansion efforts.
44% Farming (440,000,000 MOD) 44% of the total supply is reserved for liquidity mining, staking rewards, and DeFi partnerships within the Cardano ecosystem. For more details about the farming program, please visit this link.
15% Marketing (150,000,000 MOD) Marketing efforts will focus on strategic partnerships, promotional campaigns, and expanding Storychain’s presence in the Web3 space to attract new users and increase platform adoption.
Vesting Schedule
To mitigate sell pressure, ensure the longevity of the project, and align the interests of investors, founders, and contributors with the long-term success of Storychain, a structured vesting schedule has been implemented for specific token allocations.
The vesting applies to the following allocations:
Private Sale (80,000,000 MOD)
Founder & Team (150,000,000 MOD)
Marketing (150,000,000 MOD)
The vesting schedule is designed to unlock over a period of 5 years as follows:
Initial Unlock: 10% of the allocated tokens will be unlocked immediately after the Token Generation Event (TGE).
Year 1 - 5 (Quarterly Unlocks): The remaining 90% of the allocated tokens will be unlocked incrementally over 5 years. Every 3 months (quarterly), 4.5% of the total allocation will be unlocked.
This gradual release ensures long-term commitment from investors, founders, and marketing efforts while helping to stabilize the token’s value by preventing large sell-offs.
Example of Vesting Unlocks
For an allocation of 80,000,000 MOD in the Private Sale:
Initial Unlock at TGE: 8,000,000 MOD (10%)
Quarterly Unlocks (Years 1-5): 3,600,000 MOD (4.5% of 80,000,000 MOD) will be unlocked every 3 months until the full allocation is released over 5 years.
For an allocation of 150,000,000 MOD for Founders & Team:
Initial Unlock at TGE: 15,000,000 MOD (10%)
Quarterly Unlocks (Years 1-5): 6,750,000 MOD (4.5% of 150,000,000 MOD) will be unlocked every 3 months until the full allocation is vested.
This 5-year vesting schedule ensures a measured release of tokens, encouraging long-term commitment and reducing the risk of market instability due to large token releases.
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