$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 - Original
The original $LIGHT vesting schedule is shown below. This remains the way that all vests are technically setup on Streamflow today.
Vesting Schedule - Modified
The modified vesting schedule pledges the team’s vested tokens each to a cliff vesting structure. On the first of each month, a new subsequent vest will be created by the team to adhere to this structure, outlined below:
Team (20%) - One year lock, followed by a one year linear vest. On the first of each month the team will re-vest tokens to adhere to this structure (august).
Community (10%) - Two year linear vest (vesting).
Investors (5%) - Two year linear vest (2.5% colosseum vest, 1.7% vested to strategic pool 1, 0.3% to be distributed manually by the team, 0.1% vested to strategic pool 2).
Liquidity (5%) - 2.5% unlocked upfront. 2.5% locked until required for CEX listings (vesting).
Foundation (10%) - Two year linear vest (vesting).