$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).
Supply Query API
Given that $LIGHT is deflationary due to the god flywheel, and there are multiple different tranches of supply vesting, Heaven has built an endpoint that outputs the total supply, circulating supply, and locked supply for $LIGHT. That endpoint can be viewed here.Access
Below are some quick access points for this section:The god flywheel
The 100% buyback flywheel that powers $LIGHT.
The genesis ICO
The Initial Coin Offering to launch $LIGHT into the world.