Genesis tokenomics
A total of 79,000,000 Session Tokens were circulating at TGE
Session Token has a maximum supply of 240,000,000. 79 million Session Tokens were unlocked at TGE.
6 million for Project Treasury
13 million for the Ecosystem and Community Fund
60 million from Session Token Swap Program
The remaining 161,000,000 are subject to varying lockup conditions.
Lockup Conditions
The following table describes which tokens (total 240,000,000) are subject to which lockup condition:
Oxen Coin Claims
30,000,000
C
Tokens reserved for those who participate in the Oxen Coin Claims program.
Service Node Bonus
30,000,000
C
Tokens earned by Oxen Service Nodes during the network transition period.
Project Treasury (Session Nodes)
15,000,000
A
This allocation is held by the project alongside operational funds. It may only be used for operating up to 10% of the Session Node network. Public disclosure statements must be made if these tokens are used for any other reason. Rewards received from operating nodes do not remain locked.
Project Treasury (Session Contributors)
11,000,000
D
This allocation is used to reward existing and new Session contributors and demonstrate long-term commitment to the project. In total this is a conditional 3 year lockup term.
Project Treasury (Advisors)
1,000,000
B
Locked for the first 12 months from TGE, then distributed evenly after the 12 month period. This is conditional, based on performance and contributions.
Project Treasury (Operational)
33,000,000
C: 6,000,000 D: 27,000,000
These tokens are for the operation of the project.
Ecosystem and Community Fund
43,000,000
B: 30,000,000 C: 13,000,000
These tokens are specifically to be used to strengthen the Session community and bolster the Session ecosystem over time.
Strategic Token Sale
12,822,450
A: 4,489,700 B: 8,332,750
This amount is reserved for sale before TGE to strategic parties which can help grow Session. Unsold tokens will be put into the Staking Reward Pool, Lockup E.
Staking Reward Pool
63,177,550
E
To reward Session Nodes for securing and providing services to the Session Network.
Testnet Incentive Program
1,000,000
F
To reward Testnet Incentive Program participants.
Additional Session Tokens will enter circulation over time as their lockup periods expire. However, Session Tokens will be locked in the Staking Reward Pool via mechanisms such as Session Pro and removed from circulation via staking, making it is difficult to predict the future values for circulating supply.
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