Tokenomics

ION is Ionic Protocol’s native utility token. The ION token will be used as an incentive to both suppliers and borrowers within the Ionic ecosystem. However, only users with at least 2.5% of their collateral position locked as $veION are eligible to receive emissions.

ION emissions to specific collateral assets within the protocol are subject to vote by $veION holders every epoch. Additionally, while $veION holders will vote on specific assets to incentivize, emissions to lenders and borrowers will be dictated by that assets utilization rate.

Users receiving ION emissions are able to either claim or one-click LP and stake their emissions as $veION directly through the Ionic front-end UI.

Token Allocations

Allocation	%	Vesting
Private	8.00%	6 month delay; 9 month vesting
Seed	8.25%	2 month cliff; 9 month vesting
Team	15.00%	12 month delay; 48 month vesting* KPI-based unlocks
Advisors	6.00%	12 month delay; 36 month vesting
Strategic Partners	5.00%	3 month delay; 24 month vesting
Public Sale	2.00%	20% @ TGE; 0.5 month delay; 80 day daily vesting
Airdrop	10.00%	1st Airdrop - 33% @ TGE; 2 month vesting 2nd Airdrop - TBD
Treasury	7.00%	6-month delay; 12 month vesting
Emissions	31.50%	0.75% monthly unlocks* KPI-based
Cross-chain Liquidity	7.25%	Protocol-owned Liquidity