Astonic Tokenomics

Tokenomics and Distribution of ATC Governance Token

The ATC token is central to the governance framework of the Astonic Protocol, facilitating decentralized decision-making and ecosystem growth. Initially, upon deployment of the Astonic Protocol (the genesis block), the ATC token will be non-transferable. Token holders can claim their allocation, locked as veATC, allowing participation in governance without the ability to transfer tokens. Transferability will be enabled in the future, contingent upon milestones determined by the community through governance decisions. Once enabled, the ATC token will become tradable on secondary markets and transferable among holders.

The tokenomics of the ATC token have been meticulously designed to ensure fairness, promote active community participation, and sustain the ecosystem. The maximum supply of ATC is capped at 500,000,000 tokens (fully diluted supply). The initial token distribution is structured to support the protocol's long-term development, incentivize contributors, and align stakeholder interests. Below is a breakdown of the allocation plan:

Astonic Community Treasury

• Purpose: The community treasury funds ongoing development initiatives of the Astonic Protocol, including grants, liquidity incentive programs, and community-driven projects. Governance decisions will dictate all token spending from the treasury.

• Distribution: 150M tokens (30% of the fully diluted supply) are allocated to the community treasury, with 25M tokens available at the genesis block. The remaining tokens will be released through an exponential decay schedule with a half-life of 5 years, ensuring a controlled introduction of tokens into the market and providing an upper bound on treasury spending.

• Voting Rights: No.

Astonic Labs Team, Contributors, Supporters and Advisors

• Purpose: This allocation rewards key contributors, supporters, and advisors, while attracting top talent for future development of the protocol.

• Distribution: 75M tokens (15%) are allocated as veATC, to seed governance participation. 100% of veATC are locked for two years. Team members and supporters can delegate voting power immediately, but full control over the lock is granted only after the cliff period.

• Voting Rights: Yes.

Airdrop to Cosmos Users

• Purpose: To reward early contributors and existing users for their involvement in the Cosmos ecosystem and the Planq blockchain.

• Distribution: 150M tokens (30%) will be distributed to eligible addresses, awarded as veATC locked for two years with a linear unlock schedule. Eligibility criteria will apply.

• Voting Rights: Yes.

Astonic Liquidity Multisig

• Purpose: This allocation provides a starting point for providing liquidity on DEXs or for similar collaborations.

• Distribution: 125M tokens (25%) are reserved for this purpose.

• Voting Rights: No.