AVAX Genesis
Last updated
Last updated
In this page you can see the total $AVAX supply generated on mainnet at launch (360 M $AVAX, the so called “Genesis event”). This supply is divided in two branches:
Timelocked: those tokens are still under vesting conditions and will be unlocked each in a scheduled time
Not timelocked: those tokens are part of the circulating supply and can freely circulate in the market
So: Unlocked $AVAX from the genesis event + Staking rewards to Validators - Burned fees= Circulating supply
In this graphic a preview of the unlocking pattern scheduled through the years for all the generated $AVAX in the Genesis event (already explained above). In the Y axis there is the amount of $AVAX by M, in the X axis the time divided by years. If you move your cursor on it you can see the total amount unlocked per quarter.
This section explains in full details the division of the token by: Sale, Bounties, Team and Ecosystem. Giving the user a general idea of not only the number of $AVAX but their relative structure.
Sale
Seed Sale: the first ever $AVAX sale
Private Sale: the second main $AVAX sale
Public sale option A1/A2: open to the public
Public sale option B: open to the public
Bounties
Airdrop: various and separate airdrop to generate awareness towards Avalanche
Denali Testnet Incentive Program: testnet programs
Team: those funds are allocated to the various team members of Ava labs
Ecosystem
Foundation: allocated to the Avalanche Foundation
Strategic partners: for all the business companies involving Avalanche
Community and developer edowment: the dev core of the network