About $LIGHT
What is $LIGHT?
A deep dive into everything regarding Heaven’s native token, $LIGHT.
$LIGHT is Heaven’s native token. It is the first token to launch on Heaven, and will be deployed through Heaven’s Genesis ICO.
$LIGHT is an invitation to take back our industry. 100% of Heaven’s revenue programmatically repurchases $LIGHT in realtime from the open market and burns it. We call this the god flywheel.
Team (20%): For Heaven’s founders and team members.
Community (10%): For Heaven’s incubator program & community incentives.
Investors (5%): For investors & advisors.
Liquidity (5%): For seeding Heaven’s initial DEX liquidity as well as future CEX liquidity.
Foundation (10%): For supporting the ongoing operation of the Heaven Labs Foundation (salaries, audits, listings, etc). Foundation spending will be disclosed on a quarterly basis.
Team (20%) - Two year linear vest.
Community (10%) - 2% vested upfront, remainder on a two year linear vest.
Investors (5%) - Two year linear vest.
Liquidity (5%) - Fully vested upfront.
Foundation (10%) - 2% vested upfront, remainder on a two year linear vest. Below are some quick access points for this section:
$LIGHT is an invitation to take back our industry. 100% of Heaven’s revenue programmatically repurchases $LIGHT in realtime from the open market and burns it. We call this the god flywheel.
Token Properties
| Ticker | LIGHT |
|---|---|
| Address | N/A |
| Supply Cap | 1,000,000,000 |
| Mintable | No |
| Deployed on | Heaven |
Token Distribution
Genesis ICO (50%): For the public during Heaven’s genesis.Team (20%): For Heaven’s founders and team members.
Community (10%): For Heaven’s incubator program & community incentives.
Investors (5%): For investors & advisors.
Liquidity (5%): For seeding Heaven’s initial DEX liquidity as well as future CEX liquidity.
Foundation (10%): For supporting the ongoing operation of the Heaven Labs Foundation (salaries, audits, listings, etc). Foundation spending will be disclosed on a quarterly basis.
Vesting Schedule
Genesis ICO (50%) - Fully vested upfront.Team (20%) - Two year linear vest.
Community (10%) - 2% vested upfront, remainder on a two year linear vest.
Investors (5%) - Two year linear vest.
Liquidity (5%) - Fully vested upfront.
Foundation (10%) - 2% vested upfront, remainder on a two year linear vest. Below are some quick access points for this section: