Tokenomics πŸ₯š
The $TAMG token is used for various purposes:
  • Being a collateral to mint synthetic assets.
  • Being a governance token for the community to jointly decide on future activities.
TAMG token holders are able to vote proportionately to their holdings and also can stake their tokens to earn interest. (Please check the staking program section)

Specs

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Token Ticker
TAMG
Token Type
ERC-20
Total Supply
100,000,000
Circulating Supply
1,000,000 (Until further announcement)
Network
Polygon
Contract Address
0x53BDA082677a4965C79086D3Fe69A6182d6Af1B8
As of September 2021, we're at the early stage of development, one million of tokens have been minted in advance to incentive early adopters, the early token holder would need to perform the token upgrade in the future.
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Allocation
Percentage and Description
Vesting
Liquidity Mining
  • 30% (30,000,000 $TAMG)
  • will be reserved to be used as an incentive for miners and users.
  • will be a 2-year liquidity mining program
  • 1% has minted from Sep. 2021
Ecosystem & Rewards
  • 25% (25,000,000 $TAMG)
  • will be reserved for the ecosystem and rewards, which will benefit traders, farmers, and community developers who participate in the Tamago Finance ecosystem.
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Reserved
  • 20% (20,000,000 $TAMG)
  • will be reserved as a reserve fund for Tamago Finance to use for future project development.
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Team & Advisor
  • 12% (12,000,000 $TAMG)
  • will be reserved for the team (10%) and advisor (2%) who helped with the initial version of Tamago Finance.
Unlock after 2 years.
Private
  • 4% (4,000,000 $TAMG)
  • will be reserved for private sale.
20% unlock at TGE, Linear Vesting in rest of 18 months.
Seed Investors
  • 4% (4,000,000 $TAMG)
  • will be distributed to seed investors.
Linear unlock at TGE, Linear Vesting in rest of 18 months.
Strategic Investors
  • 4% (4,000,000 $TAMG)
  • will be distributed for strategic investors with Linear Vesting in rest for 18 months.
10% unlock at TGE, Linear Vesting in rest for 18 months.
Public sale
  • 1% (1,000,000 $TAMG)
  • will be released for public sale (IEO/IDO) with no dedicated lock-up period.
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The documentation is still work-in-progress. Stay tuned for more updates soon.
Last modified 2mo ago
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Contents
Specs