# ILIS

ILIS (I Like It Stable) is the governance token used the ILIS DAO.

**Resource address:** resource\_rdx1t4r86qqjtzl8620ahvsxuxaf366s6rf6cpy24psdkmrlkdqvzn47c2

**Tokenomics**\
Supply: 100.000.000 ILIS

| Description                                                                                                                               | Amount          | Percentage of Supply |
| ----------------------------------------------------------------------------------------------------------------------------------------- | --------------- | -------------------- |
| ILIS DAO Treasury                                                                                                                         | 67.000.000 ILIS | 67%                  |
| [Founder Retention](https://dashboard.radixdlt.com/component/component_rdx1cz4wa7cq685ctexda4kv3vxw9ezp3234qlcj8jl5vepjsm54467kst/tokens) | 15.000.000 ILIS | 15%                  |
| Liquidity Bootstrap                                                                                                                       | 8.000.000 ILIS  | 8%                   |
| Open Beta Rewards                                                                                                                         | 6.000.000 ILIS  | 6%                   |
| [OTC Sale](https://dashboard.radixdlt.com/account/account_rdx12y528ccdmqge0dgw9ce3vg30vyhax5ynpwakvzafrzzg69texgpe60/tokens)              | 3.000.000 ILIS  | 3%                   |
| Closed Beta Rewards                                                                                                                       | 1.000.000 ILIS  | 1%                   |

**Founder Retention Vesting**

The founder retention is vested at a maximum of 20% of the circulating ILIS supply. This is done through [this ](https://github.com/gguuttss/token-fraction-vester)vesting blueprint (built deterministically with commit \`d8a092a\`). To see the still vested tokens, see [this ](https://dashboard.radixdlt.com/component/component_rdx1cz4wa7cq685ctexda4kv3vxw9ezp3234qlcj8jl5vepjsm54467kst/tokens)component.

**Further functionality**

Apart from participating in governance, further functionality to enable fee distribution is being considered, such as an ILIS burning mechanism in return for protocol fees.