Detailed answer
A DeFi infrastructure protocol launched with 100M fixed supply. Allocation: Community 40%, Treasury 25%, Team 15% (4-year vest/12-month cliff), Investors 15% (3-year vest/6-month cliff). Airdrop to 12,000 historical users. DAO governance live 90 days post-launch. Token price at 6 months: +18%. Project cost: $78,000. Timeline: 14 weeks.
Tokenomics Design
Total supply: 100,000,000 tokens. Allocation: Community (40%), Treasury (25%), Team (15%, 4-year vest / 12-month cliff), Investors (15%, 3-year vest / 6-month cliff), Ecosystem incentives (5%).
Emission: No inflationary emission. Fixed supply. Community allocation distributed through: retroactive airdrop (60% of community allocation to historical protocol users based on usage points), liquidity mining (20% over 24 months to LP token stakers), future grants (20% in treasury for grants program).
Governance:
ERC-20 with ERC20Votes. OpenZeppelin Governor (3-day voting period, 4% quorum, 0.1% proposal threshold). 48-hour TimelockController.
Stress Test Finding:
At 60% token price decline from launch, early investor selling pressure would exceed daily buy demand by ~3× in month 2. Mitigation: implemented a 6-month post-cliff lock-up on 50% of investor allocation (beyond the standard cliff) and added a buy-back fund (2% of treasury USDC) that activates automatically when token price falls below the 30-day VWAP × 0.6.
Results
| Metric | Result |
|---|---|
| Raise amount (private round pre-token) | $12M |
| Airdrop recipients | 12,000 addresses |
| Unique holders at 90 days | 3,400 |
| Governance proposals in first 6 months | 8 |
| Quorum achieved | 7 of 8 proposals |
| Token price at 6 months vs launch | +18% |
Project cost: $78,000 (tokenomics + contracts + audit + DAO interface + airdrop tooling). Timeline: 14 weeks.