DUA Tokenomics

Brillion
4 min readOct 27, 2023

This blog article will present the DUA allocation pools, vesting schedules, timing, token releases and how the supply will change over time.

Introduction

At Brillion, our goal is to ensure everyone can easily send, receive, and manage their funds. That’s why we created the Brillion Smart Wallet. With the Brillion Smart Wallet we aim to simplify money management and movement and are making financial tasks as straightforward and accessible as possible.

The Brillion Foundation and Smart Wallet are powered by the $DUA token, an ERC-20 utility token that plays a central role in all Brillion stakeholder activity:

$DUA Token Utility

This article aims to give you all insights into the tokenomics underneath DUA. We go in-depth into the allocations & vesting schedules to give you all you need to know about the token in one convenient place. Let’s dive in!

Token Allocation & Vesting

The total supply of 1B DUA is distributed to the following allocations.

Vesting contracts can be found under this link.

Ecosystem & Treasury: 300,000,000 DUA (30%)

Ecosystem & Treasury will be at the community’s and foundation’s disposal to decide how they will be used to advance our protocol and community. The uses of the proceeds fall within these categories but are not limited to:

  • Staking on different networks and via Brillion Smart Wallet
  • In-App earning campaigns
  • Referrals/Invite Friends/Airdrop
  • Community Grants
  • Cashbacks on transactions
  • External parties that we will implement partnership goals with
  • External outsourcing events, e.g., running our suite on L2 chains.
  • Fund gas fees for running and updating the Oracles and our contract set

Vesting: Ecosystem & Treasury

  • Start: 30-Apr-2023
  • Fully Vested: 27-Feb-2027
  • Duration: 1399.0 Days
  • Number of Periods: 49
  • Amount per Period: 5,959,436.519046
  • Already Unlocked/Vested: 35,756,619.00
  • Vesting Amount: 251,743,381.00

Governance & LP: 195,833,333 DUA (19.6%)

The Governance & LP pool subsidize holders who lock their tokens in the governance pool, and those who pool provide liquidity for the selected DEX pools. The foundation will deploy a reward-yielding smart contract, which will allow for the staking of LP tokens to receive rewards from the pool.

The other smart contract that the foundation will deploy is governance staking. It will allow the locking of DUA tokens in the governance pool. The smart contract will accept DUA tokens from holders with specific terms and provide them with a governance-staked token that can be used to participate in governance and claim rewards later on.

Vesting: Governance & LP

  • Start: 28-Feb-2023
  • Fully Vested: 30-Jan-2027
  • Duration: 1432.0 Days
  • Number of Periods: 47
  • Amount per Period: 4,171,031.18
  • Already Unlocked/Vested: 33,368,249.00
  • Vesting Amount: 162,465,084.00

Team: 150,000,000 DUA (15%)

The team behind DUA should remain incentivized to keep building after a successful launch. The team, community, and project backers have aligned incentives by locking up most of the allocated supply.

Vesting: Team

  • Start: 31-Mar-2024
  • Fully Vested: 30-Sep-2027
  • Duration: 1278.0 Days
  • Number of Periods: 42
  • Amount per Period: 3,579,812.21
  • Vesting Amount: 150,000,000

Partners: 60,000,000 (6%) & Advisors: 60,000,000 (6%)

Partners and Advisors remain a crucial part of the ecosystem. They help grow and consolidate the project.

Vesting: Partners

  • Start: 31-Mar-2024
  • Fully Vested: 30-Sep-2027
  • Duration: 1278.0 Days
  • Number of Periods: 42
  • Amount per Period: 1,431,925
  • Vesting Amount: 60,000,000

Vesting: Advisors

  • Start: 31-Mar-2024
  • Fully Vested: 30-Sep-2027
  • Duration: 1278.0 Days
  • Number of Periods: 42
  • Amount per Period: 1,431,925.00
  • Vesting Amount: 60,000,000

Marketing, Hackathons, Events: 42,500,000 (4.3%)

This pool will be at the community’s and foundation’s disposal to decide how they will be used to advance our protocol and community. The uses of the proceeds fall within these categories but are not limited to:

  • Exclusive sales and DeFi events inside the Brillion Wallet
  • Active community members helping us achieve our goals, whether it be: creative work, repetitive work, PR work, creating educational content/tutorials, etc
  • Community-owned projects and hackathons

Vesting: Marketing, Hackathons, Events

  • Start: 31-Mar-2024
  • Fully Vested: 30-Sep-2027
  • Duration: 1278.0 Days
  • Number of Periods: 42
  • Amount per Period: 1,012,894.49
  • Vesting Amount: 42,500,000
  • 15% of allocation to be released at LM/Exchange Event: 7,250,000.00

Brillion Fund: 110,000,000 (11%)

Vesting: Brillion Fund

  • Start: 31-Mar-2023
  • Fully Vested: 30-Mar-2025
  • Duration: 730.0 Days
  • Number of Periods: 24
  • Amount per Period: 4,589,611.87
  • Already Unlocked/Vested: 32,127,283.00
  • Vesting Amount: 77,872,717.00

Public Sale / Exchange / LM: 74,166,667 (7.4%)

The initial pre-sale pool containing 20M DUA was merged with the public sale pool and now holds 74M tokens or 7.4% of the total supply. This pool does not have a vesting schedule.

Private Sale: 8,485,714 (0.8%)

The foundation successfully launched and completed a private sale round on the decentralized funding protocol Fundrs, raising $118,000 from the community. Another $30,500 were commited outside Fundrs. 50% of the private sale tokens are released at TGE and the remainder is locked for 6 months after which it will vest for 6 months. The remaining non-committed tokens have been sent back to the team’s Multisig.

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