Token Distribution
There initial supply of Hop tokens at DAO launch was 1,000,000,000 HOP tokens and they were distributed as follows:
- 8% airdropped to early network participants
- 60.5% to the Hop DAO treasury
- 22.45% to the initial development team (3 year vesting, 1 year cliff)
- 2.8% saved for future team members
- 6.25% to investors (3 year vesting, 1 year cliff)
Since then the DAO has allocated Hop tokens from the DAO treasury to a series of initiatives such as a liquidity mining campaign to incentivize liquidity in the bridge AMM's, the formation of a grant committee, a delegate incentivization program and much more.
The % of circulating supply in the hands of community members can be tracked on Coingecko.
