Argo Finance
  • 🌊Introduction
    • Argo
    • Fundamentals of Staking CRO
  • 🧠Protocol Overview
    • Liquid Staking
    • Atlantis
      • Testnet
        • Getting Started Guide
        • Atlantis Testing Checklist
        • Atlantis Testing Guide
        • Atlantis Testnet Rewards
        • Reporting Bugs
        • Testnet Token Faucet
        • Wallet Setup Guide
        • FAQ
      • Atlantis Quickstart
      • How To Play
        • How to go on Planet Expeditions
        • How to go on spaceship races
        • How to upgrade planets
        • How to mint equipment
        • How to upgrade equipment
        • How to stake equipment on spaceships
        • How to unstake equipment on spaceships
        • How to fuse gemstones
        • How to convert Gold to Stardust
      • Assets
        • Planets
        • Spaceships
        • Equipment
        • Resources
          • Gold and Stardust
          • Gemstones
      • Atlantis Marketplace
      • Earning Strategies
      • FAQ
    • Atlantean Trove 2.0
      • Trove Mechanics
        • Questing Quickstart
        • Rewards Quickstart
        • Basic Team Mechanics
        • Gear Mechanics
        • Chest, Orbs, & XP Mechanics
        • Leaderboard
      • Trove Parameters
      • Gear Minting
    • DeFi Vaults & Argonauts
      • Boosting Mechanism (Argonauts)
    • Argo Petz
      • Petz Staking (Starmaps)
        • The Atlantean Trove
        • Earning Starmaps
        • Winning & Claiming Prizes
      • Petz Staking (Atlantis)
      • FAQ
      • Petz Questing
    • Argo Lottery
      • Lottery Mechanics
      • Lottery FAQ
  • ⚙️Token and Mechanics
    • Argo Token (ARGO)
      • ARGO Token Distribution
      • Value Accrual
      • xARGO
      • Tokenomics Roadmap: veARGO
    • Delegation Strategy
    • Protocol Fees
  • ⚙️Other Mechanics
    • Treasure Chests (Airdrops)
  • 🪙bCRO
    • bCRO Token
    • bCRO DeFi Use Cases
  • 👾Extras
    • Roadmap
    • Team
    • Contracts
    • Audits
    • FAQ
    • Community
  • 📖Guides
    • Setting up an EVM wallet for Cronos
    • Bridging to Cronos
    • Staking CRO on Argo
    • Unstaking CRO on Argo
    • Redelegating CRO to Argo
  • 🔗Links
    • Website
    • Medium
    • Twitter
    • Discord
    • Telegram
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On this page
  • Distribution
  • Public Sale (6.00%)
  • Incentive Programs (44.00%)
  • Community Bounties (5.00%)
  • Marketing & Partnerships (5.00%)
  • Protocol Treasury (20.00%)
  • Team Allocation (20.00%)
  1. Token and Mechanics
  2. Argo Token (ARGO)

ARGO Token Distribution

PreviousArgo Token (ARGO)NextValue Accrual

Last updated 3 years ago

Distribution

ARGO is a fixed supply token capped at 1,000,000,000 $ARGO

Channel
Amount
Percentage (%)
Remarks

Public Sale

60,000,000

6.00%

Instant unlock

Incentive Programs

440,000,000

44.00%

-

Community Bounties

50,000,000

5.00%

-

Marketing & Partnerships

50,000,000

5.00%

-

Protocol Treasury

200,000,000

20.00%

-

Team Allocation

200,000,000

20.00%

24m linear vesting

Public Sale (6.00%)

Tokens that are reserved for our early supporters who may want to acquire more tokens via an IDO. We intend to launch with a sufficient high float to prevent the issue of high demand and low supply resulting in the over-representation of valuation.

Incentive Programs (44.00%)

Tokens in this allocation are reserved to incentivize desirable actions in the community. Argo will not have a typical emission curve, as incentives will be calibrated and given out on an ongoing basis to maximise incentive effects and minimise the stripping of protocol value. These incentives will include:

  1. Liquidity Mining Rewards, where issuance will be carefully calibrated to maximize the benefit of incentives.

  2. Other Incentive Programs will be carefully considered, including referral programs or partner rewards.

All incentives given out are carefully calculated to align long-term incentives between the protocol and the community.

Community Bounties (5.00%)

This allocation is reserved for loyal supporters of Argo who have actively contributed to our community and protocol one way or another. Community bounties will be run on an ad-hoc basis and will have detailed articles featuring each campaign.

Marketing & Partnerships (5.00%)

This allocation is reserved for key strategic partnerships, PR marketing efforts, and listings.

Protocol Treasury (20.00%)

Tokens in our treasury are kept in reserve to be utilized only when absolutely needed; for example, community insurance and market-making.

Utility of this reserve will always be carefully considered and aligned to Argo, with eventual governance proposals in mind - it is not an alternative pool of money for the team to use for outside of protocol needs.

Team Allocation (20.00%)

Our team's tokens will be vested and allocated for the purposes of paying team members, core contributors, and for future hiring needs as we continue to expand the Argo development team.

will also constitute a part of these incentives, to reward our community for desirable protocol outcomes.

⚙️
Treasure Chests