Full Colend tokenomics breakdown: CLND token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Key questions and answers about Colend tokenomics.
Colend token distribution allocates 100,000,000 CLND across 5 primary stakeholder groups:
CLND uses variable cliffs and vesting schedules that change depending on the allocation:
2% of the total supply (2,000,000 CLND) is unlocked at TGE, with the entire unlock going to Foundation.
Colend has a total supply of 100,000,000 CLND, of which 3,676,299 CLND (3.7% of total) is currently circulating.
Total length of the full Colend emission schedule is 4 years, with 41.03% released in Year 1, while the remaining 48.97% is released over the following 3 years.
74% of the Colend supply is allocated to community focused pools such as Liquidity Mining, Community Growth, and Ecosystem Fund.
Colend is a decentralized liquidity market built on the Core blockchain, designed as a fork of the renowned AAVE V3 protocol. By integrating elements of ve(3,3) tokenomics, Colend focuses on delivering real yields for its participants, facilitating robust decentralized governance, and incentivizing user engagement through innovative features such as staking and bribes. The central utility token of the ecosystem, COLEND, powers the platform’s tokenomics. While not yet issued, COLEND plays a pivotal role in fostering participation and decentralization. Users can stake COLEND to receive stCOLEND tokens, unlocking a range of benefits within the Colend ecosystem. stCOLEND holders are actively involved in the governance process, allowing them to vote on proposals, direct emissions to preferred liquidity markets, and earn rewards by supporting the platform's long-term vision. Colend uniquely positions itself with its earning mechanisms. Borrowing fees collected from the protocol flow back into the ecosystem, rewarding both lenders and stakers. Furthermore, the model incentivizes participants through a bribes marketplace, bolstering engagement while directing liquidity to selected markets based on stCOLEND holder votes. This interconnected system ensures all parties—lenders, borrowers, and stakers—benefit from real, sustainable yields. Operating on the Core blockchain, Colend combines the security, scalability, and flexibility of Core with the refined liquidity market mechanisms of AAVE V3. Through this synergy, Colend establishes itself as an innovative, community-driven liquidity platform that prioritizes value creation for every participant while embedding robust decentralized governance and incentive mechanisms. Leveraging DeFi innovation and ve(3,3) principles, Colend aims to redefine liquidity market dynamics by creating an ecosystem where all contributors—be it through lending, borrowing, or staking—gain real, tangible value from their participation. Explore Colend’s decentralized liquidity system and be part of its mission to transform DeFi tokenomics on the Core blockchain.