Tokenomics
LZR tokenomics are structured to foster early growth, support ongoing development, and ensure long-term sustainability, aligning incentives for all participants in the Bitlazer ecosystem.
Token Supply
The total supply of LZR is 1,000,000,000 tokens.
Token Allocation
Network Activity Incentives
18%
18 months linear vesting
Incentivizes and rewards users who actively participate in network transactions, fostering engagement and contributing to the overall growth and activity within the Bitlazer ecosystem.
Bridging/Staking Rewards
12%
12 months linear vesting
Distributed proportionally based on each user's contribution to the total staked TVL, this allocation incentivizes bridging and staking.
Initial Lazer Offering (ILO)
10%
No lock
A token sale utilizing a bonding curve mechanism, ensuring fair price discovery while encouraging early ecosystem participation.
Treasury
15%
Cliff: 1 year
Vesting: 1 year (Months 13-24)
This allocation ensures long-term financial stability, providing a reserve to support ecosystem growth, operational needs, and unforeseen expenses as the project evolves.
Team
15%
Cliff: 2 years
Vesting: 2 years (Months 25-48)
Tokens allocated to the team for their role in supporting the development of Bitlazer, aligning incentives with progress.
Partnerships
10%
Vesting: 1 year (Months 1-12)
Approximately 0.8333% per month
Dedicated to fostering collaborations with key ecosystem players, driving growth through strategic partnerships.
Developer Grants
20%
No locks; distributed ad hoc to developers who building in the Bitlazer ecosystem
These tokens are reserved to incentivize developers building within the Bitlazer ecosystem, providing resources to drive innovation and create meaningful applications that enhance the network's utility.
Release Schedule
Last updated