KONET Tokenomics Overview
Full KONET tokenomics breakdown: KONET token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
TGE DateAugust 21, 2024
Max Total Supply1,000,000,000
Total Supply1,000,000,000
Transparency
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KONET Tokenomics FAQ
Key questions and answers about KONET tokenomics.
What is the token allocation for KONET?
KONET token distribution allocates 1,000,000,000 KONET across 4 primary stakeholder groups:
- Community: 87.00% (Merge Pool 80.00%, Validating Pool 5.00%, Marketing 2.00%)
- Foundation: 11.00% (Ecosystem Activation Fund 10.00%, Ecosystem & Partner 1.00%)
- Insiders: 1.00% (Team & Advisor 1.00%)
- Private Investors: 1.00% (Private Sale 1.00%)
What is the vesting schedule for KONET?
KONET uses variable cliffs and vesting schedules that change depending on the allocation:
- Merge Pool: 12 Month Cliff, 444 Month Linear Vesting
- Ecosystem Activation Fund: 100.0% at TGE
- Validating Pool: 100.0% at TGE
- Marketing: 100.0% at TGE
- Team & Advisor: 100.0% at TGE
- Ecosystem & Partner: 100.0% at TGE
- Private Sale: 100.0% at TGE
How many KONET tokens unlock at TGE?
20% of the total supply (200,000,000 KONET) is unlocked at TGE, with the tokens split between Foundation, Community, Insiders, and Investors.
What is the total supply and circulating supply of KONET?
KONET has a total supply of 1,000,000,000 KONET, of which 475,856,728 KONET (47.6% of total) is currently circulating.
What is the token emission schedule for KONET?
Total length of the full KONET emission schedule is 38 years, with 20.00% released in Year 1, while the remaining 80.00% is released over the following 37 years.
What percentage of KONET is allocated to the community?
87% of the KONET supply is allocated to community focused pools such as Merge Pool, Validating Pool, and Marketing.
What is KONET (KONET)?
KONET is a cutting-edge Proof-of-Stake (PoS) layer 1 blockchain designed to deliver enhanced efficiency, scalability, and security. With the recent KONET Mainnet upgrade, the network incorporates advanced mechanisms such as the EIP-1559 fee-burning model, ensuring deflationary tokenomics and sustained value for its native $KONET token. The PoSDAO governance framework fosters decentralized decision-making, empowering contributors while promoting an active and stable staking ecosystem. This blockchain powers a rapidly growing ecosystem of over 80 decentralized applications (DApps) while integrating innovative features like NFT Staking & Earn, further enriching utility for both developers and users. With the KIP-1559-based base fee mechanism, KONET bolsters network security and resilience against potential attacks, cementing its place as a secure and efficient blockchain for modern decentralized solutions. KONET prioritizes robust token utility and economic security. Its staking mechanism incentivizes participation by rewarding validators and delegators with $KONET tokens, creating a self-sustaining cycle of network participation. The EIP-1559 mechanism introduces fee burning, reducing overall circulating supply and enhancing long-term token value stability. Meanwhile, the network's governance model enables token holders to participate in key decisions and shape the platform's development trajectory. Through consistent innovation, KONET is positioning itself as a leader in the space, balancing advanced technology with a focus on user and developer needs. By supporting NFT-based earning opportunities, robust staking rewards, decentralized governance, and seamless smart contract interoperability, the KONET ecosystem is paving the way for scalable, secure, and user-friendly blockchain adoption. Join a network trusted by developers, creators, and innovators worldwide with KONET and $KONET leading the next wave of blockchain evolution.
