LayerK Tokenomics Overview
Full LayerK tokenomics breakdown: LYK token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
TGE DateSeptember 5, 2024
Max Total Supply1,000,000,000
Total Supply1,000,000,000
Transparency
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LYK Tokenomics FAQ
Key questions and answers about LayerK tokenomics.
What is the token allocation for LYK?
LayerK token distribution allocates 1,000,000,000 LYK across 3 primary stakeholder groups:
- Community: 84.00% (Minting 65.00%, Ecosystem 10.00%, Airdrop 9.00%)
- Foundation: 15.00% (Liquidity 15.00%)
- Insiders: 1.00% (Team & Advisor 1.00%)
What is the vesting schedule for LYK?
LYK uses variable cliffs and vesting schedules that change depending on the allocation:
- Minting: N/A
- Liquidity: 100.0% at TGE
- Ecosystem: 24 Month Linear Vesting
- Airdrop: 100.0% at TGE
- Team & Advisor: 60 Month Linear Vesting
How many LYK tokens unlock at TGE?
24% of the total supply (240,000,000 LYK) is unlocked at TGE, with the tokens split between Foundation and Community.
What is the total supply and circulating supply of LYK?
LayerK has a total supply of 1,000,000,000 LYK, of which 190,000,008 LYK (19% of total) is currently circulating.
What is the token emission schedule for LYK?
Total length of the full LayerK emission schedule is 6 years, with 28.77% released in Year 1, while the remaining 6.23% is released over the following 5 years.
What percentage of LYK is allocated to the community?
84% of the LayerK supply is allocated to community focused pools such as Minting, Ecosystem, and Airdrop.
What is LayerK (LYK)?
Explore LayerK Tokenomics, the backbone of an advanced blockchain ecosystem that merges cutting-edge hardware and innovative software solutions. LayerK aims to accelerate blockchain adoption through a unique combination of decentralized storage and computing hardware with robust software services, including blockchain integration tools, staking mechanisms, a decentralized exchange protocol, and a launchpad for dApp development. With a commitment to fostering social inclusion and independence, LayerK is poised to redefine blockchain utility across various industries. The native cryptocurrency of this ecosystem, the $LYK token, plays a pivotal role in ensuring seamless operations and sustainable growth. LYK is used for staking, enabling users to secure the network while earning rewards. It also empowers holders with governance rights, allowing active community participation in platform decisions. LYK is further integrated into LayerK’s decentralized applications to facilitate transactions, power minting protocols, and incentivize ecosystem engagement. Designed for performance and versatility, LYK tokenomics supports a decentralized, user-driven model focused on rewarding participation and driving innovation. Whether it’s through enabling dApp interaction, facilitating blockchain integration, or securing the decentralized exchange, $LYK is at the forefront of LayerK’s mission to create a comprehensive blockchain ecosystem. LayerK combines advanced technical features with market positioning that emphasizes accessibility, inclusiveness, and seamless integration across industries. Discover how LYK tokenomics drives utility, innovation, and expansion within a truly decentralized and inclusive blockchain platform. Visit [LayerK.com](https://layerk.com/) for more insights into the $LYK-powered ecosystem revolutionizing blockchain adoption.
