LLT Training Reward Vesting Plan
The LLT Training Reward Vesting Plan serves as the foundation of LLT Tokenomics. It encompasses a well-thought-out design aimed at estimating the quantity of tokens circulated as rewards and adjusting the distribution amount based on the prevailing circumstances to foster a sustainable token economy. As a result, the vesting plan may undergo revisions in cases of unforeseen developments or situations necessitating additional distribution control.
The forecast considered the following factors:
[Details of the factors considered for the forecast].
Prediction of user acquisition rate
As the user base expands, the LLT compensation also experiences a proportional increase. Points awarded as rewards to users are paid in the form of LLT from the reward pool. The point reward amount is equivalent in value to the LLT token, and the LLT reward quantity is subject to adjustment by modifying the exercise difficulty in response to the influx rate of users.
Anticipate user exercise proficiency levels
Users who consistently use the LILLIUS APP have a higher chance of achieving high scores in training and challenge content as their exercise proficiency increases over time. Therefore, the variability of the exercise performance evaluation difficulty is given according to the user's exercise proficiency.
LILLI NFT Upgrade Rate Prediction
The higher the upgrade level of LILLI NFT, the more energy users receive, leading to increased LLT rewards. Consequently, the LLT Reward pool may deplete faster. The predicted upgrade speed is based on the assumption that all LLT needed for upgrading is obtained through Training Rewards. However, if early users acquire LLT through other means and use it for NFT upgrades, the LLT Vesting speed may be faster than anticipated.
Inflation takes place
As the LILLI NFT undergoes upgrades, the proportion of additional LLT distribution to the existing distribution volume will gradually increase at a specific point. This may lead to LLT inflation, necessitating adjustments in the circulating supply to prepare for such scenarios. If over 50% of the total LLT Reward pool becomes vested, we intend to make distribution volume adjustments by modifying the ratio of LLT and points acquired per energy consumed.
Early depletion of reward pool
Unforeseen developments may cause the Reward pool to be depleted earlier than expected. Exceeding the allocated Vesting Pool for the period will consume the remaining T2E supply, and eventually, when the T2E tokens allocated for rewards are exhausted, the Training Reward LLT payout will end.
Vesting Plan
Based on the aforementioned projections, the Vesting Plan is structured like a pyramid that rises gradually at the outset, reaches its peak, and then tapers off. The plan is designed to align with the probability density function of the normal distribution among various pyramid-shaped chart models. It involves adjusting the Vesting quantity every 3 months (90 days) to ensure a balanced distribution.
The model following the Vesting Plan adopts a normal distribution with a mean of 30 and a standard deviation of.
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