FESW is the token representing FeSwap governance votes. The total suppy amount is 1,000,000,000 FESW, among which, 62% is locked up and gradually released within the next 5 years, 20% is used as the giveaway to all users involving FeSwap token pair NFT bidding and FeSwap project sponsoring, 18% is distributed to current developer teams, project founders, and users contributing to provide liquidity and conduct swap transactions in the cold start-up phase.
1. FESW Vesting of Project Team #
1.1 Distribution rule#
- 20%: Project team, of which 16% with 5-year vesting, and 4% for strategic reserve:
| Year | Release proportion | Release amount |
|---|
| Year 1 | 6% | 60,000,000 |
| Year 2 | 4% | 40,000,000 |
| Year 3 | 2% | 20,000,000 |
| Year 4 | 2% | 20,000,000 |
| Year 5 | 2% | 20,000,000 |
| Strategic reserve | 4% | 40,000,000 |
1.2 Vesting enforcement#
- Already Released Amount: 60,000,000 FESW, ~6%.
- Total Vesting Amount: 140,000,000 FESW, ~14%, during 2021/08/28 - 2026/08/28.
- Vesting Contract: 0xFf031ad3d62fd982c3e4bF04C285f9b3Da1bcc85
- Managing Address: 0x5fE22d6485D2cbD7900048108f159256E9eF97B5
- Vesting Plan:
| Amount | Vesting Begin Date | Vesting Cliff Date | Vesting End Date |
|---|
| 80,000,000 | 2021-08-28 20:00:00 | 2021-09-28 20:00:00 | 2023-08-28 20:00:00 |
| 60,000,000 | 2023-08-28 20:00:00 | 2023-09-28 20:00:00 | 2026-08-28 20:00:00 |
2. FESW Vesting of Liquidity Mining #
2.1 Distribution rule#
- 15%：FeSwap liquidity providers，distributed in 3 years:
| Year | Distribution proportion | Distribution amount |
|---|
| Year 1 | 9% | 90,000,000 |
| Year 2 | 4% | 40,000,000 |
| Year 3 | 2% | 20,000,000 |
2.2 Vesting enforcement#
- Already Released Amount: 40,000,000 FESW, ~ 4%.
- To be distributed by liquidity mining for 4 token pairs during 2021/08/28 - 2021/12/28.
- ETH🔗WBTC: 10,000,000, ~1%
- ETH🔗USDC: 10,000,000, ~1%
- ETH🔗USDT: 10,000,000, ~1%
- ETH🔗FESW: 10,000,000, ~1%
- Total Vesting Amount: 110,000,000 FESW, ~ 11%, to be released during 2021/08/28 - 2024/04/28.
- Vesting Contract: 0x4bC2c969eDa92A095B6074470db2e6eD02e5213E
- Managing Address: 0x603770D6E4FB1A66845d28955068f10D610F35F8
- Vesting Plan:
| Amount | Vesting Begin Date | Vesting Cliff Date | Vesting End Date |
|---|
| 30,000,000 | 2021-08-28 20:00:00 | 2021-10-28 20:00:00 | 2021-12-28 20:00:00 |
| 20,000,000 | 2021-12-28 20:00:00 | 2022-02-28 20:00:00 | 2022-04-28 20:00:00 |
| 16,800,000 | 2022-04-28 20:00:00 | 2022-06-28 20:00:00 | 2022-08-28 20:00:00 |
| 13,200,000 | 2022-08-28 20:00:00 | 2022-10-28 20:00:00 | 2022-12-28 20:00:00 |
| 10,000,000 | 2022-12-28 20:00:00 | 2023-02-28 20:00:00 | 2023-04-28 20:00:00 |
| 8,800,000 | 2023-04-28 20:00:00 | 2023-06-28 20:00:00 | 2023-08-28 20:00:00 |
| 6,400,000 | 2023-08-28 20:00:00 | 2023-10-28 20:00:00 | 2023-12-28 20:00:00 |
| 4,800,000 | 2023-12-28 20:00:00 | 2024-02-28 20:00:00 | 2024-04-28 20:00:00 |
3. FESW Vesting of FeSwap Users #
3.1 Distribution rule#
- 15%：FeSwap exchange users，distributed in 3 years:
| Year | Distribution proportion | Distribution amount |
|---|
| Year 1 | 9% | 90,000,000 |
| Year 2 | 4% | 40,000,000 |
| Year 3 | 2% | 20,000,000 |
3.2 Vesting enforcement#
- Already Released Amount: 40,000,000 FESW, ~ 4%.
- To be airdroped to all FeSwap users during 2021/08/28 - 2021/12/28.
- Total Vesting Amount: 110,000,000 FESW, ~ 11%, to be released during 2021/10/28 - 2024/06/28.
- Vesting Contract: 0x789071B4574200a3Ab34fA2e151f94e04a727A27
- Managing Address: 0x1Be7CcA90f7abF0D30be6673dc96F429334F5370
- Vesting Plan:
| Amount | Vesting Begin Date | Vesting Cliff Date | Vesting End Date |
|---|
| 30,000,000 | 2021-10-28 20:00:00 | 2021-12-28 20:00:00 | 2022-02-28 20:00:00 |
| 20,000,000 | 2022-02-28 20:00:00 | 2022-04-28 20:00:00 | 2022-06-28 20:00:00 |
| 16,800,000 | 2022-06-28 20:00:00 | 2022-08-28 20:00:00 | 2022-10-28 20:00:00 |
| 13,200,000 | 2022-10-28 20:00:00 | 2022-12-28 20:00:00 | 2023-02-28 20:00:00 |
| 10,000,000 | 2023-02-28 20:00:00 | 2023-04-28 20:00:00 | 2023-06-28 20:00:00 |
| 8,800,000 | 2023-06-28 20:00:00 | 2023-08-28 20:00:00 | 2023-10-28 20:00:00 |
| 6,400,000 | 2023-10-28 20:00:00 | 2023-12-28 20:00:00 | 2024-02-28 20:00:00 |
| 4,800,000 | 2024-02-28 20:00:00 | 2024-04-28 20:00:00 | 2024-06-28 20:00:00 |
4. FESW Vesting of Community Members #
4.1 Distribution rule#
- 10%: to community members participating in community governance voting, distributed in 5 years. If the distribution is not completed in the previous year, roll into the next year:
| Year | Distribution proportion | Distribution amount |
|---|
| Year 1 | 2% | 20,000,000 |
| Year 2 | 2% | 20,000,000 |
| Year 3 | 2% | 20,000,000 |
| Year 4 | 2% | 20,000,000 |
| Year 5 | 2% | 20,000,000 |
4.2 Vesting enforcement#
- Total released Amount: 0 FESW, ~ 0%.
- Total Vesting Amount: 100,000,000 FESW, ~ 10%, during 2021/08/28 - 2026/08/28.
- Vesting Contract: 0x6469F1135a17817E62689291F6AFA9dC37f1DB41
- Managing Address: 0x8b1d2CaB4bFdeE9d8B6082bf8598aac54C4B3E77
- Vesting Plan:
| Amount | Vesting Begin Date | Vesting Cliff Date | Vesting End Date |
|---|
| 100,000,000 | 2021-08-28 20:00:00 | 2021-09-28 20:00:00 | 2026-08-28 20:00:00 |
5. FESW Vesting of FeSwap Foundation #
5.1 Distribution rule#
- 8%: to FeSwap foundation, used to cultivate and improve FeSwap ecosystem, with 5 years vesting:
| Year | Release proportion | Release amount |
|---|
| Year 1 | 2% | 20,000,000 |
| Year 2 | 2% | 20,000,000 |
| Year 3 | 2% | 20,000,000 |
| Year 4 | 1% | 10,000,000 |
| Year 5 | 1% | 10,000,000 |
5.2 Vesting enforcement#
- Already Released Amount: 0 FESW, ~ 0%.
- Total Vesting Amount: 80,000,000 FESW, ~ 8%, during 2021/08/28 - 2026/08/28.
- Vesting Contract: 0xBCeBdb603C2D274513CBbFb15854806288D65A7b
- Managing Address: 0x2d64435239C061C2fF0590AFCc8E49c46472CA7f
- Vesting Plan:
| Amount | Vesting Begin Date | Vesting Cliff Date | Vesting End Date |
|---|
| 60,000,000 | 2021-08-28 20:00:00 | 2021-09-28 20:00:00 | 2024-08-28 20:00:00 |
| 20,000,000 | 2024-08-28 20:00:00 | 2024-09-28 20:00:00 | 2026-08-28 20:00:00 |
6. FESW Vesting of Founders #
6.1 Distribution rule#
- 10%: FeSwap founders, with 5-year vesting:
| Year | Release proportion | Release amount |
|---|
| Year 1 | 4% | 40,000,000 |
| Year 2 | 2% | 20,000,000 |
| Year 3 | 2% | 20,000,000 |
| Year 4 | 1% | 10,000,000 |
| Year 5 | 1% | 10,000,000 |
6.2 Vesting enforcement#
- Already Released Amount: 20,000,000 FESW, ~2%.
- Total Vesting Amount: 80,000,000 FESW, ~8%, during 2021/08/28 - 2026/08/28.
- Vesting Contract: 0x1b80C0B97dd45Ae7BE0e9b93285aeE719cc10535
- Managing Address: 0x2af9fA9722a4e55794dF3Fc192A1f0fFd5E282d9
- Vesting Plan:
| Amount | Vesting Begin Date | Vesting Cliff Date | Vesting End Date |
|---|
| 60,000,000 | 2021-08-28 20:00:00 | 2022-08-28 20:00:00 | 2024-08-28 20:00:00 |
| 20,000,000 | 2024-08-28 20:00:00 | 2025-08-28 20:00:00 | 2026-08-28 20:00:00 |