💰Tokenomics

Vesting Schedules & Circulating Supply

Token Information

• Token Name : AlgoLaunch

• Token Type : ASA

• Token Ticker : $LCH

• Contract address :

• Chain : Algorand

• Total Supply : 100,000,000 LCH

Utility

$LCH is a ASA token used on AlgoLaunch.

In order to participate in the IDOs held at AlgoLaunch, it is necessary to stake $LCH in order to gain tickets and bonuses for the IDO lottery.

Staking $LCH gives people Tiers and tickets in the IDO lottery.

Tiers give people bonus tickets for the lottery, thus increasing their chances of winning.

How we designed our Tokenomics

Both our seed and private rounds will be given out to various participants who will help add value to the project. We want to create a fair distribution plan with nobody left out, while preventing any party to hold too many tokens at a certain period. While doing so, we also planned on preventing too many tokens getting supplied to the market, we just want the amount getting supplied at the moment for people to participate in our platform. So we carefully calculated and planned our tokenomics with our partners and advisors, and want a clear transparent view of our tokens for all entities.

Seed (6%)

• Total 6,000,000 LCH

• 18 month linear vesting

Private (9%)

• Total 9,000,000 LCH

• 12 month linear vesting

Public (2%)

• Total 2,000,000 LCH

• 100% unlock at TGE

Team (14%)

• Total 14,000,000 LCH

• 0% unlock at TGE, 12 months cliff, then monthly unlock for 24 months

Dev (8%)

• Total 8,000,000 LCH

• 0% unlock at TGE, 12 months cliff, then monthly unlock for 24 months

Foundation (8%)

• Total 8,000,000 LCH

• 0% unlock at TGE, 12 months cliff, then monthly unlock for 24 months

Advisor (3%)

• Total 3,000,000 LCH

• 0% unlock at TGE, 12 months cliff, then monthly unlock for 24 months

Marketing(10%)

• Total 10,000,000 LCH

• 0% unlock at TGE, 1 months cliff, then monthly unlock for 24 months

Community Incentive(5%)

• Total 5,000,000 LCH

• 0% unlock at TGE, 1 months cliff, then monthly unlock for 48 months

Ecosystem(25%)

• Total 25,000,000 LCH

• 50% unlock at TGE, 6 months cliff, then 10% unlock for every 6 months

Treasury(10%)

• Total 10,000,000 LCH

• 0% unlock at TGE, lockup for 12 months

Round	TGE
Seed(6%)	0%	18 month linear vesting
Private(9%)	0%	12 month linear vesting
Public(2%)	100%	TGE 100%
Team(14%)	0%	12month cliff, 24month vesting
Dev(8%)	0%	12month cliff, 24month vesting
Foundation(8%)	0%	12month cliff, 24month vesting
Advisor(3%)	0%	12month cliff, 24month vesting
Marketing(10%)	0%	1month cliff, 24month vesting
Community(7%)	0%	1month cliff, 48month vesting
Ecosystem(25%)	50%	6month cliff, 30month vesting, 10% per 6months
Treasury(10%)	0%	12month lockup