# Tokenomics, Utility & Governance

## **Presale**

* There will be a whitelist sale of 6 BTC at \~15% discounted price to public sale

**Sale metrics**

* Total supply of governance token will be 10 B
* Listing mcap will be 970k$ and FDV \~2.3M$

**Team supply**

* Team owns 10% of supply which will be locked for 6 months. Currently we dont have a way to lock & vest tokens on BRC20, we are looking for some trusted custodian who can hold & vest as per schedule.

| Headers           | % of supply | # of tokens    | Token Price in USD | Raise in USD | In BTC | FDV        | Vesting                                                                                                        | Whitelist                        |
| ----------------- | ----------- | -------------- | ------------------ | ------------ | ------ | ---------- | -------------------------------------------------------------------------------------------------------------- | -------------------------------- |
| Airdrop to $bYLD  | 30.0%       | 3,000,000,000  |                    |              |        |            | 40% listing, 60% after 2 weeks                                                                                 |                                  |
| Whitelist Presale | 8.0%        | 800,000,000    | $0.00020           | $162,000.00  | 6.00   | $2,025,000 | Unlocked (15% discount over public sale)                                                                       | 150 whitelist, 0.03 min, 0.1 max |
| Public Presale    | 22.0%       | 2,200,000,000  | $0.00023           | $513,000.00  | 19.00  | $2,331,818 | Unlocked                                                                                                       | 0.05 min, 0.25 max               |
| Farming Rewards   | 15.0%       | 1,500,000,000  |                    |              |        |            | <p>5% for BYLD, 2.5% for ORDI, 7.5% for Ordinals and other BRC-20.<br>Farms will go live 6 weeks after TGE</p> |                                  |
| Team              | 10.0%       | 1,000,000,000  |                    |              |        |            | 6 months lock, 10 months linear release                                                                        |                                  |
| Marketing         | 8.0%        | 800,000,000    |                    |              |        |            |                                                                                                                |                                  |
| CEX/DEX/LP        | 7.0%        | 700,000,000    |                    |              |        |            |                                                                                                                |                                  |
| Total             | 100.0%      | 10,000,000,000 |                    | $675,000.00  | 25     |            |                                                                                                                |                                  |
| Listing Supply    |             | 4,200,000,000  |                    |              |        |            |                                                                                                                |                                  |

<figure><img src="https://2488027150-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FjY3IrCmDuklbc0RHwjH7%2Fuploads%2FJ0vfM0KzuZNddjg6paI7%2Fimage.png?alt=media&#x26;token=0f85a06e-6c51-4291-a451-58f2cfd87c7e" alt="" width="563"><figcaption><p>Tokens Distribution</p></figcaption></figure>

## **Usage of Funds Raised**

Below is the usage of funds & distribution of the same

| Usage of funds             | Distribution | Fund in USD |
| -------------------------- | ------------ | ----------- |
| Team                       | 35.0%        | $236,250.00 |
| Liquidity (AMMs in future) | 25.0%        | $168,750.00 |
| DAO Treasury               | 18.0%        | $121,500.00 |
| Security & Audits          | 7.5%         | $50,625.00  |
| Infra & backend            | 7.5%         | $50,625.00  |
| Social media/Marketing     | 5.0%         | $33,750.00  |
| Protocol Revenue           | 2.0%         | $13,500.00  |
| Total                      | 100.0%       | $675,000.00 |

<figure><img src="https://2488027150-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FjY3IrCmDuklbc0RHwjH7%2Fuploads%2F29e3YmZLyH2DV5soQlKp%2Fimage.png?alt=media&#x26;token=20b0d071-9477-4a1e-bc4e-4658e0194553" alt="" width="563"><figcaption><p>Usage of Funds</p></figcaption></figure>

## **$bYLD Holders Benefits**

* A total of $710k worth of governance token will be airdropped to $bYLD holders. The governance token airdrop will be released in 2 traches for $bYLD holders. First 40% released on TGE and another 60% 2 weeks later.
* $bYLD holders can also farm Bitstake token, a total of 5% supply is available spread accross a period of 1 year
* $bYLD holders with 20k+ tokens will be given a) Whitelist for private sale b) Allocation multiplier/priority pass for projects launching on BitStake launchpad. More details coming soon!

## **Ecosystem/Farming rewards**

* 2.5% of governance token will be distributed to $Ordi holders as farming rewards over period of 1 year
* There will be strategic partnerships with NFTs/BRC-20 tokens on Ordinals where they get exclusive farming rewards of governance token 2 Partnerships already finalised with bluechip projects. More details are coming soon

## **Yield generation & Revenue**

* BitStake Launchpad to conduct community sales will go live before fund raise. Basically, the private/public sale will be conducted on BitStake Launchpad only
* BitStake Launchpad acts as revenue generating mechanism for BitStake Protocol. 2% of total collection will go as revenue to the DAO treasury.
