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	15.000.000 ILIS	15%
Liquidity Bootstrap	8.000.000 ILIS	8%
Open Beta Rewards	6.000.000 ILIS	6%
OTC Sale	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 vesting blueprint (built deterministically with commit `d8a092a`). To see the still vested tokens, see this 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.