Explore the tokenomics of Dora Factory(DORA) and review the project details below.
What is the allocation & supply schedule for Dora Factory(DORA) ?
When the token was first released in 2021, the initial total supply of DORA is 10,000,000. However, as the launch of Dora Vota, a special-purpose app chain dedicated to voting and decentralized governance, the token total supply was changed from 10,000,000 to 1,000,000,000. The specific token allocation ratio and unlocking period are as follows(published in March 2021 on official medium):
- 10% was allocated for Private Sale I. 25% unlock at TGE, the rest would be unlocked each quarter in a year
- 10% was allocated for Private Sale II. 30% unlock at TGE, the rest would be unlocked each quarter in a year
- 6% was allocated for Public Sale and 7% was allocated for Initial Liquidity. These two parts were both 100% unlocked on TGE.
- 10% was allocated for DoraHacks and another 10% was allocated for Factory Team. These two parts were both 0% unlocked at TGE and the rest would be unlocked each quarter in 2 years.
- 25% was allocated for Foundation Reserve, 15% for Open Grant and 7% for Community Grant. These three parts were reserved.
According to the above unlocking plan, all parts have already unlocked. That is, the token circulation is equal to the maximum supply of 1 billion.