Token Economics

The EXOG token holds no inherent value initially. It will launch with the sole use case of being used for governance and will further be backed by ExoDAO treasury assets as the project pipeline builds up.

There will be a total supply of 80 million EXOG tokens with the following distribution:

Token Release Schedule

The EXOG token is subject to release schedule due to compliance requirements as well as in order to sustain alignment with the mission of Exoflow, building the largest incubating community ever — think of a purely decentralized Coinlist with the dealflow 5x of whales like A16Z.

LTI Reserve

21% of all EXOG tokens have been allocated to a treasury reserve aimed at protocol improvement initiatives, Governance mining campaigns and DAO operations. The reserve is held in a multi-sig to be distributed at the community's choice and is subject to 15 Year Vesting with 1 Year Cliff Period. Treasury tokens are used at the discretion of the community, and may be allocated to any program, including, without limitation, to the governance mining campaigns, which adds value to the ecosystem.

Token Utility

Token allocation- & price-discovery

Stage 1a: Tier AI & Tier DAO

Tier AI and Tier DAO Participants are eligible to participate starting now. Both Tier AI and Tier DAO members' participation is subject to whitelisting.

In order to whitelist for Tier AI membership, one is required to complete a form available here indicating their interest in participation and KYC procedure, read Member Collaboration Agreement and agree to it by claiming the LC Badge. After the Prospective Member receives the LC Badge to his wallet, they have to either pay a one-off Tier AI Member Dues of USD50,000 equivalent in ETH to Exoflow Juicebox Project. To qualify participant has to be an Accredited Investor (as defined in Regulation D of US Securities Act, or kind in their country of residence). After the completion of Juicebox Funding Cycles, the Tier AI member receives a Listing Committee NFTicket confirming the date of entrance, paid (or staked) amount, and their number in queue. If you are an Accredited Investor and want to discuss other options of participation, please contact the Seed Team at join@exoflow.org.

In order to whitelist for Tier DAO membership, a current member of a DAO willing to participate is required to complete a form available here verifying his membership in such DAO and indicating the DAO's collective interest in participation, including by submitting the hash of successfully passed vote on the proposal to participate in ExoDAO, read Member Collaboration Agreement and agree to it on behalf of such DAO by claiming the LC Badge. After the Prospective Member receives the LC Badge to his wallet, they have to pay a refundable one-off Tier DAO Member Dues of USD30,000 equivalent in ETH to Exoflow Juicebox Project. Multiple entries are allowed for the members of a single DAO. After the completion of Juicebox Funding Cycles the Tier DAO member receives a Listing Committee NFTicket confirming the date of entrance, staked amount, and their number in queue.

After the Pre-ExoDAO Governance Mining Campaign ends and the EXOG balances are finally allocated to respective members, Whitelisted Tier AI and Tier DAO members will receive EXOG representing membership units in the ExoDAO DAO LLC subject to the sale restrictions based on the Release Schedule outlined above.

Stage 1A is completed after the EXOG Cap of 20 Listing Committee (LC) members is reached. After the Stage 1 is completed, LC Launchpool contract reaches maturity. At maturity, the amounts staked on the LC Launchpool and EXOG token price get locked and the Pre-DAO Launchpool Contract is deployed with floor token price equal to the EXOG price at maturity of LC Launchpool contract.

Stage 1b: Talent Contributors

Prospective Talent Contributors’ participation is subject to whitelisting.

In order to whitelist for Talent Contributor membership, one is required to complete a form available here indicating their interest in participation and pitching their skills, and read Member Collaboration Agreement. Eligible Talent Contributors will receive links to claiming their respective Tribe Badges to the emails submitted to the form on the rolling basis. By claiming their respective Tribe Badge, Prospective Talent Contributor indicates his agreement with the Member Collaboration Agreement.

In order to Participate in Pre-ExoDAO Governance Mining Campaign, an approved Talent Contributor must possess an active Tribe Badge on the address submitted to the form. After the Pre-ExoDAO Governance Mining Campaign ends and the EXOG balances are finally allocated to respective members, top-performing Talent Contributors will receive EXOG representing membership units in the ExoDAO DAO LLC subject to the sale restrictions based on the Release Schedule outlined above.

Stage 2: Committed Contributors

Stage 2 begins after the Pre-DAO Launchpool contract is minted after maturity of LC Launchpool contract.

Prospective Committed Contributors’ participation is subject to whitelisting.

In order to whitelist for Committed Contributor status, one is required to complete a form available here indicating their interest in participation, read Member Collaboration Agreement and agree to it by claiming a Tribe Badge. After the Tribe Badge is claimed a Prospective Committed Contributor has to pay their Member Dues by staking USDC on the ExoDAO Launchpool contract. After the stake transaction is final, the Tier C member receives an NFTicket confirming the date of entrance, staked amount, and their number in queue. In order to increase their initial stake, Committed Contributors are welcome to participate in Pre-ExoDAO Governance Mining Campaign and further Governance Mining Campaigns to be elected by ExoDAO Members.

After the Pre-ExoDAO Governance Mining Campaign ends and the EXOG balances are finally allocated to respective members, Whitelisted Tier C members will receive EXOG representing membership units in the ExoDAO DAO LLC subject to the sale restrictions based on the Release Schedule outlined above.