Tokenomics
$GRYP governs the gryps.trade ecosystem and aligns incentives across traders, solvers, and the community.
Allocation (initial)
| Category | Allocation | Vesting / Usage |
|---|---|---|
| Genesis distribution | 30% | Distributed to early adopters via points program and genesis event. 20–25% unlocked at TGE; remainder vests over 6–12 months. |
| Ecosystem incentives | 35% | Trading rewards, solver incentives, liquidity mining, community grants over ~4 years with decaying emissions. |
| Team & advisors | ~20% | Linear vest over 3 years; 6‑month cliff. |
| DAO treasury | ~10% | Governance‑managed: audits, cross‑chain deployments, partnerships. |
| Strategic reserve | ~5% | Future chain launches, liquidity backstops, regulatory needs. |
Points and referral programs
- Points accrual: Traders earn points from a blended formula spanning trading volume, number of trades, open interest duration, and educational participation. Points convert into $GRYP at TGE.
- Referral program: Referrers earn points (not fee discounts) based on referee activity and volume. Tiered rewards for number of active referrals and cumulative volume.
- Solver incentives: Solvers earn token rewards proportional to filled volume and quote competitiveness, with bonuses for uptime and narrow spreads.
Quests, milestones, and social mindshare multipliers
- Protocol quests: Complete on‑chain and in‑app quests (e.g., first trade, multi‑asset portfolio, funding period participation) to earn point bonuses.
- Milestones: Reach volume and OI milestones (daily/weekly/monthly) to unlock higher point multipliers.
- Social mindshare: Educational content, community contributions, and curated social activity can apply limited‑time multipliers to point earnings.
Disclaimer: Token allocations and schedules are subject to governance and may evolve.