# Tokenomics Eywa/CrossCurve

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**🔗 Full version of Eywa tokenomics is available in this** [**spreadsheet**](https://docs.google.com/spreadsheets/d/1D462pSMcItjFUgjSpMq4-cf-LCa0hjqcwR1giyz9jnM/)

## 🎬 **Initial circulation supply, FDV and initial market cap**

**Listing price**: $0,07\
**Fully diluted valuation**: $70 000 000\
**Market cap on TGE**: $3 023 740\
**IMC (without liquidity)**: $921 539

After listing, the total circulating number of the **Eywa** tokens will be 43 196 286 (4,32% of the total supply). This figure represents the sum of the tokens unlocked on the community round, market-making tokens, airdrop, treasury and KOL tokens. &#x20;

## **TGE mechanics**

The TGE stage includes the following steps:

1. The **Eywa token** [smart contract](https://etherscan.io/address/0x8cb8C4263EB26b2349d74ea2cB1B27bc40709e12) will be deployed in [Ethereum](https://etherscan.io/address/0x8cb8C4263EB26b2349d74ea2cB1B27bc40709e12) chain;
2. The entire EYWA emission (1 billion tokens) will be issued and then transferred to the [Arbitrum](https://arbiscan.io/address/0x7a10f506e4c7658e6ad15fdf0443d450b7fa80d7) chain using the **Eywa Token Bridge**.
3. The vesting contracts will be deployed in [Arbitrum](https://arbiscan.io/address/0x7a10f506e4c7658e6ad15fdf0443d450b7fa80d7) chain.
4. EYWA is an omnichain token and can be moved to [Arbitrum](https://arbiscan.io/address/0x7a10f506e4c7658e6ad15fdf0443d450b7fa80d7), [BSC](https://bscscan.com/address/0x7a10f506e4c7658e6ad15fdf0443d450b7fa80d7) and [Fantom](https://ftmscan.com/address/0x7a10f506e4c7658e6ad15fdf0443d450b7fa80d7) chains.
5. The **Eywa team** will send the **Eywa token** emission to the vesting contracts in accordance with the project’s tokenomics.
6. Token distribution begins after **Listing date** in a special section on app.crosscurve.fi which will become available after the **TGE**. On TGE, users will be able to connect their wallets and access their personal vesting safes, linked to their addresses. During the vesting period, **Eywa** tokens are unlocked according to the scheme defined in tokenomics, and owners can transfer the unlocked tokens to their wallets.
7. The **Listing date** will occur no later than 14 days after **TGE**.

## 🕐 Eywa token vesting rules

The Eywa tokenomics outline various user categories, each with different lockup periods. After the TGE, all users will receive their personalized safes with vested tokens.

A vesting period is a time interval during which tokens are unlocked according to a previously approved schedule. The tokens’ unlock logic is programmed into smart contracts and cannot be changed.

A vesting mechanism aims to mitigate pressure on a token market price, reduce the likelihood of speculation, protect the interests of token holders, and positively influence the long-term project development.&#x20;

**Details on vesting periods and the unlock scheme are available in the Eywa** [**tokenomics**](https://docs.google.com/spreadsheets/d/1D462pSMcItjFUgjSpMq4-cf-LCa0hjqcwR1giyz9jnM/edit?gid=232769479#gid=232769479)**.**

#### The Eywa vesting tokens feature the following:

1. **Limited movement.** \
   Allocations above 1.5 million tokens can only transfer their vesting tokens to whitelisted addresses, facilitating an OTC market.\
   &#x20;

   Allocations of smaller size, including all Airdrops rounds and Community round participants **can move their tokens** but **ONLY** by **using** [**Eywa NFT**s](https://docs.eywa.fi/eywa-token/eywa-nft-collection). This feature will be available after the [NFT collection](https://opensea.io/collection/eywaprotocol) migrates to Arbitrum.

   In simple terms, this means that these tokens can be tied to **Eywa NFT**s and sold on an [NFT marketplace](https://opensea.io/collection/eywaprotocol) at any time before the lock-in period ends.

{% hint style="info" %}
Migration of Eywa NFTs will be enabled sometime before the TGE. Until then, Eywa NFT tokens can only be purchased on the [Tofu marketplace](https://tofunft.com/en/collection/eywa-nft/items) in the Aurora chain.

Once migrated, the collection will be listed on leading marketplaces such as [OpenSea](https://opensea.io/collection/eywaprotocol) and others.
{% endhint %}

2. **Opportunity to use vesting tokens for staking.** <br>

   **Eywa vesting token** holders can stake their tokens before the end of the vesting period and receive staking/farming rewards.
3. **Opportunity to participate in the EYWA DAO** to receive **veEYWA** votes.&#x20;

{% hint style="info" %}
**Only** veEYWA holders will be eligible to **receive boosted rewards for liquidity provision**, **protocols income** and **bribes**.

Simply put, **ONLY veEYWA vote holders** will be able to receive EYWA tokens as **rewards**.
{% endhint %}

Note: Any changes in the accruals during validators’ rounds will be updated [here](https://app.gitbook.com/o/-Mj16WVCJPmcHIm_q9RF/s/-MeeWpeOIxH8_6YI1UtB/~/changes/243/eywa-oracle-network-will-be-ended-in-april-2024/validators-token-distribution).
