MonkeyBids Litepaper
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$BID Token

$BID token is our native token with a 1Billion initial supply. $BID token is built on the BNB chain ecosystem. All the bidding on MonkeyBids will be conducted by $BID token.
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Utilities
  1. 1.
    Giveaway or Airdrop
  2. 2.
    Place bid in an auction (Bidding in the auction)
  3. 3.
    Curate to earn
  4. 4.
    Leaderboard Reward
  5. 5.
    DAO voting
  6. 6.
    Auction settlement
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Token Distribution
  1. 1.
    Seeding - 15% (Vesting in 12 months with 3 months Cliff)
  2. 2.
    Marketing - 8% (Vesting in 12 months)
  3. 3.
    Partnership - 6.5% (Vesting in 12 months)
  4. 4.
    Community Staking - 2.5% (Vesting in 12 months with 6 months Cliff)
  5. 5.
    Treasury (DAO) - 25% (Vesting in 18 months)
  6. 6.
    Reserve - 18% (Vesting in 12 months with 3 months Cliff)
  7. 7.
    Liquidity - 5%
  8. 8.
    Team & Advisor - 20% (Vesting in 12 months with 3 months Cliff)
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Last modified 8mo ago