Tap Protocol Tokenomics Overview
Full Tap Protocol tokenomics breakdown: TAP token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
TGE DateOctober 22, 2024
Max Total Supply21,000,000
Total Supply21,000,000
Transparency
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TAP Tokenomics FAQ
Key questions and answers about Tap Protocol tokenomics.
What is the token allocation for TAP?
Tap Protocol token distribution allocates 21,000,000 TAP across 5 primary stakeholder groups:
- Foundation: 32.50% (Foundation 22.50%, Exchange & Liquidity 8.00%, Exchange & Initial Liquidity 2.00%)
- Private Investors: 21.76% (Private 12.52%, Seed 9.24%)
- Community: 21.00% (DeFi & Staking 15.00%, Airdrop 6.00%)
- Insiders: 17.24% (Team 13.24%, Advisor 4.00%)
- Public Investors: 7.50% (Public Round 7.50%)
What is the vesting schedule for TAP?
TAP uses variable cliffs and vesting schedules that change depending on the allocation:
- Foundation: 4 Month Cliff, 48 Month Linear Vesting
- DeFi & Staking: 24 Month Linear Vesting
- Team: 4 Month Cliff, 24 Month Linear Vesting
- Private: 2.5% at TGE , 4 Month Cliff, 24 Month Linear Vesting
- Seed: 2.5% at TGE , 4 Month Cliff, 24 Month Linear Vesting
- Exchange & Liquidity: N/A
- Public Round: 10.0% at TGE , 12 Month Linear Vesting
- Airdrop: 100.0% at TGE
- Advisor: 4 Month Cliff, 24 Month Linear Vesting
- Exchange & Initial Liquidity: 100.0% at TGE
How many TAP tokens unlock at TGE?
9.3% of the total supply (1,950,900 TAP) is unlocked at TGE, with the tokens split between Community, Foundation, Public Sale, and Investors.
What is the total supply and circulating supply of TAP?
Tap Protocol has a total supply of 21,000,000 TAP, of which 1,950,000 TAP (9.3% of total) is currently circulating.
What is the token emission schedule for TAP?
Total length of the full Tap Protocol emission schedule is 5 years, with 38.93% released in Year 1, while the remaining 53.07% is released over the following 4 years.
What percentage of TAP is allocated to the community?
21% of the Tap Protocol supply is allocated to community focused pools such as DeFi & Staking and Airdrop.
What is Tap Protocol (TAP)?
Tap Protocol revolutionizes Ordinals and OrdFi applications with an innovative approach to tokenomics, introducing the $TAP token standard. By eliminating the reliance on complex Layer 2 chains, Tap Protocol ensures simplicity, accessibility, and usability, making it easier than ever to seamlessly interact with Ordinals. At the heart of Tap Protocol is its novel mechanism, "tapping," which streamlines transaction verification directly within the protocol. This intuitive system enables faster, more efficient transactions without compromising security or accuracy. By supporting Ordinals and promoting OrdFi growth, the TAP token standard simplifies interactions across its ecosystem while maintaining robust functionality. The $TAP token serves as the backbone of Tap Protocol, driving its ecosystem by providing liquidity, incentivizing participation, and ensuring operational efficiency. The protocol’s focus on intuitive, Layer 1 functionality positions it as an industry leader, setting a new standard in decentralized finance. Tap Protocol has been strategically developed to cater to the growing needs of the blockchain community, offering seamless utility for diverse use cases within the Ordinals space. Its unique market positioning stems from its dedication to simplicity and technical excellence, delivering a user-centric platform poised for extensive adoption. Learn more about Tap Protocol and the transformative potential of TAP tokenomics to drive innovation within the realms of Ordinals and beyond. Explore how $TAP combines advanced technological features with strategic design to enable a future-proof pathway for decentralized adoption.
