Locus token overview
Utility and Characteristics
Locus Token Basics
Locus is the platform's utility token, and possessing this token provides access to a range of advantages. Those holding the token are entitled to vault incentives and have the opportunity to engage in governance through DAO voting.
Locus Token Supply
Ticker: LOCUS Total supply: 15,000,000 vested over 10 years.
Model of supply distribution, calculation of emission, financial models, estimation of APR's: Upgraded 15 mil tokenomics model for Locus
Supply allocation:
Midas migration â 2,681,683 LOCUS tokens. Midas migration contract.
Reserved for LOCUS staking â 3,900,000 LOCUS. Vesting Months â 120.
Reserved for vault staking and liquidity providing incentives â 6,425,500 LOCUS. Vesting Months â 120.
Reserved for liquidity to be paired with USDC on Uniswap â 750,000 LOCUS.
LOCUS Token Pre-Sale â 45,687 LOCUS.
Locus Team â 500,000 LOCUS distributed linearly over 24 months and delayed by 12 months since launch of the token.
Contract Address
| Token name and Network | Token Address |
|---|---|
Locus token Arbitrum network | 0xe1d3495717f9534Db67A6A8d4940Dd17435b6A9E |
stLocus token Arbitrum network | 0xFCE625E69Bd4952417Fe628bC63D9AA0e4012684 |
Staking Locus
Follow the provided link to discover additional information about how token holders can enjoy vault incentives and engage in governance through DAO voting.
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