Algem Documentation
🇬🇧 English
🇬🇧 English
  • 👋Introduction
  • 🤖Algem Protocol
    • 🌊Liquid Farming
      • FAQ
      • Liquid Farming Guide
    • 🚀Liquid dApp Staking V2.0 (new)
      • 🪙xnASTR
    • 💦Liquid dApp Staking V1.5 (old)
      • ASTR Liquid Staking
      • nASTR
      • Unstaking nASTR
      • Liquid staking FAQ
      • nASTR Farming
    • 🪙ALGM token
      • Tokenomics
      • ALGM Utility
    • 🖼️NFT Collections
    • ⚖️Protocol revenues
    • ⚠️Risk management
    • 👥Join Algem Community
      • Ecosystem Links
      • Algyors Program
  • Get Started
    • 💼Wallets & Networks
      • 🦊Metamask
      • 🔑Ledger EVM
      • *️Polkadot{.js}
    • 🔀Transfer assets to Astar Network EVM
      • 🏦From a CEX
      • 🌀Using Astar Network Portal
      • 🌉Using Bridges
      • 🔁Using a cross-chain swap
      • 💱Using a DEX
    • 🚀How to use Algem's Liquid dApp Staking V2.0 (new)
    • 🐬How to use Algem's Liquid dApp Staking V1.5 (old)
      • 🖥️Desktop version
      • 📱Mobile version
    • 🦈How to use Algem's nASTR Farming
      • 👨‍🌾Sirius Finance
      • 🌽Kagla Finance
      • 🥕Arthswap
      • 🍋SiO2 Finance
    • 🐠How to transfer nASTR tokens with Algem
  • 🔧Development and Security
    • 🚶Introduction
    • 📃Contracts information
    • 🏗️Internal practices
    • 🕵️Audit
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On this page
  • ALGM - governance token
  • ALGM's allocation
  • ALGM's distribution schedule
  • ALGM's airdrop
  1. Algem Protocol
  2. ALGM token

Tokenomics

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Last updated 1 year ago

Token Ticker: ALGM Decimal: 18 Total Supply: 100,000,000 Token Address: TBD

ALGM - governance token

ALGM is the governance token of the Algem Protocol. Users can have rights and voting powers by holding and using the ALGM token on our platform.

ALGM's allocation

Title
Percentage
Detail

Incentives

50%

Over 6 years

Team

18%

6-month cliff after launch, and 3-year vesting with monthly release

Early Investors

15%

6-month cliff after launch, and 2-year vesting with monthly release

Community growth

7%

Marketing, events, additional incentives;

Reserve

8%

Unexpected expenditures, etc.

Airdrop

2%

Testnet participants, early members, dApp staking.

Algem Nautilus Pass NFT

0.5%

6 month cliff after the launch and 1 year vesting.

ALGM's distribution schedule

ALGM's airdrop

We have allocated 2% of the ALGM supply to reward our early supporters and users during the initial phase of Algem. To obtain these rewards, users must participate and help develop Algem by testing our product, suggesting improvements, or contributing to our protocol and community.

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