LASO Token Supply

Details on the LASO token supply and team allocation.

A recap of the total token supply, team allocation, and team allocation mechanics.

Quick Stats

• ICO Raise: $1M

• Monthly Allowance: $50k

• Commit Asset: USDC on Solana

Token Supply

• 10M - ICO tokens (33%)

• 2.9M - Liquidity provision (7.25%)

• 17.1M - Team tokens, unlocked via performance (59.75%)

Team Allocation

Most projects follow a time-based vesting schedule that can encourage "resting and vesting". Instead, Laso uses MetaDAO's tested performance-based mechanism:

• Team tokens unlock in five tranches of 20% each.

• Each tranche is unlocked when LASO token price is double of previous tranche based on a 3-month TWAP.

• First tranche can only unlock 24 months post-TGE.

Example

The following statements are not projections or expectations. They in no way constitute guidance for performance.

1. LASO launches at $0.075 per token.

2. 10 months later, LASO hits $0.15 per token. No unlock, because < 18 months.

3. Price maintains ~$0.15 per token for the next eight months.

4. 18 months post-TGE is hit. 20% of team's allocation of 67.75% (13.55%) unlocks to team.

Those tokens are now delivered to the team without vesting. To continue the example:

1. Two months later (20 mo post-TGE), a single-day spike doubles the price again, to $0.30 per token.

2. One month later (21 mo post-TGE), price returns to $0.18 per token. No unlock, because price did not maintain the 3-month TWAP.

3. Price returns to $0.30 per token, and maintains that price for 3 months.

4. 3-month TWAP is recognized. The second tranche of team allocation of 13.55% is unlocked and delivered to the team.

By incorporating a time and performance based component to compensation, MetaDAO eliminates specific negative behaviors that have plagued token launches of the past.