Hop Protocol (HOP) Tokenomics

Learn more about Hop Protocol (HOP) tokenomics and view project details below

What is the allocation for Hop Protocol (HOP)?

The distribution of Hop Protocol (HOP) is as follows:

• 6.25% is allocated to Private Sale
• 22.45% is allocated to the Team
• 60.50% is allocated to HopDAO
• 2.80% is allocated to Future Team
• 8.00% is allocated to Airdrop

What is the supply schedule for Hop Protocol (HOP)?

The vesting schedule for HOP is as follows:

• Private Sale - 3 year vesting with 1 year cliff
• Team - 3 year vesting with 1 year cliff
• HopDAO - Fully unlocked on TGE
• Future Team - Fully unlocked on TGE but will start vesting for future employees
• Airdrop - No vesting, fully unlocked once claimed

The initial token launch date for Hop Protocol (HOP) is on 9 June 2022. The maximum supply of this token is capped at 1,000,000,000. The Hop Protocol (HOP) supply is expected to be fully vested by July 2025. 

What are the funding rounds for Hop Protocol (HOP)?

• $990,000 was raised in the Seed Round on 02/01/2020, funded by Coinbase Ventures, 1Confirmation, Republic Labs, and Infinite Labs with an average price of $0.006
• $1,004,000 was raised in the Strategic Sale on 06/01/2021, funded by Stani Kulechov, Kain Warick, Stefan George, Sid Coelho and some other angels with an average price of $0.075

Source: Project Team

Last Updated: 11 Oct 2022

Disclaimer: Please note that the dates and unlock values may differ from the above information. Should you have the latest info for your project, feel free to contact us via https://support.coingecko.com/.

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