# Token design

## <mark style="background-color:purple;">Token design value flow overview</mark>

<figure><img src="https://3472884794-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FLySMXkNmXa2ZXwsHy9mc%2Fuploads%2FH3FFcfMyxEnX6NrpmdnC%2Fimage.png?alt=media&#x26;token=c0e9928d-c855-4cda-a72f-b88936a9f36c" alt=""><figcaption></figcaption></figure>

## <mark style="background-color:purple;">Token design in-depth mecanism</mark>

<figure><img src="https://3472884794-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FLySMXkNmXa2ZXwsHy9mc%2Fuploads%2Fw6KWsVseTo7oxMkjXugk%2Fimage.png?alt=media&#x26;token=f524e54f-95d6-48d6-a200-0acccb901045" alt=""><figcaption></figcaption></figure>

## <mark style="background-color:purple;">General infos</mark>

Token: `$LEARN`

Max supply: `50M`

<div data-full-width="true"><figure><img src="https://3472884794-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FLySMXkNmXa2ZXwsHy9mc%2Fuploads%2FUaA215g9CssptwAWhwBT%2FFUNDRAISING__1_-removebg.png?alt=media&#x26;token=476f06c6-4d53-4a31-892c-481e0190c45f" alt=""><figcaption><p>$LEARN token distribution</p></figcaption></figure></div>

{% hint style="warning" %}
Managing the issuance rate and velocity of the token is key to avoid pump and dump price action

We use internal live simulation and forecasting to adjust the issuance to meet the optimal velocity&#x20;
{% endhint %}

### <mark style="background-color:purple;">Legend explanations</mark>

**Pre-seed, Seed** : Fundraising to private investors

**Advisors** : Tokens sold in exchange for help and ressources from a few key partners

**Team** : Tokens reserved for the Core Team as an incentive to build the best product

**IDO** : Tokens sold directly to the community through a public offering

**Community incentives** : Tokens used for in-game rewards to drive economic dynamism

**Liquidity** : Initial DEX liquidity to maintain healthy price action

**Treasury** : Reserved for one time payments of top educators, infra partners, social media campaigns and more. Subject to community approval once DAO enabled.

### <mark style="background-color:purple;">Distribution from TGE</mark>

<table><thead><tr><th width="151">Stakeholders</th><th data-type="number">% unlocked at TGE</th><th data-type="number">Cliff (months)</th><th data-type="number">Linear vesting (months)</th></tr></thead><tbody><tr><td>Pre-seed</td><td>10</td><td>12</td><td>24</td></tr><tr><td>Seed</td><td>20</td><td>9</td><td>24</td></tr><tr><td>Advisors</td><td>0</td><td>9</td><td>18</td></tr><tr><td>IDO</td><td>50</td><td>0</td><td>6</td></tr><tr><td>Team</td><td>0</td><td>12</td><td>36</td></tr><tr><td>Community incentives</td><td>0</td><td>0</td><td>60</td></tr><tr><td>Treasury</td><td>0</td><td>0</td><td>48</td></tr><tr><td>Liquidity</td><td>0</td><td>0</td><td>0</td></tr></tbody></table>

**Cliff** = Period to wait for the token distribution to start

**Vesting** = Period of token distribution

<mark style="color:purple;">Example</mark>

100 $LEARN with 10% TGE, 6 months cliff and 9 months vesting.

The investor will receive 10 $LEARN day 1 and 10 $LEARN per month for 9 months, starting from the 7th month

### <mark style="background-color:purple;">Schedule</mark>

<figure><img src="https://3472884794-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FLySMXkNmXa2ZXwsHy9mc%2Fuploads%2F99g2q0XnMAHDzCaPbRJF%2FLearnify%20Token%20Distribution%20Schedule%20(1).png?alt=media&#x26;token=2abb3134-e72e-49e0-9565-dd0510e5909b" alt=""><figcaption></figcaption></figure>