5. Tokenomics

A token designed for the community, with high incentives in the long term.

5.1. Goals

The TUT tokenomics have been designed and set following our philosophy. We are putting together:

  • The rewards to all holders that bet for the TUT in 2017. During this time we added tokens to their wallets for the proved patience.

  • A new token supply, reducing it 7.5x: from 1.5b (2017) to 200m (2021).

  • A more decentralized token distribution: 77% of all tokens are allocated to yield farming and rewards.

  • An absolute bet for the community: only 3% of tokens are allocated for the team, with 9 months vesting and with no option to participate in yield farming initial programs.

  • A progressive token release, where community will receive their tokens first and will have privileges over any other stakeholder on getting rewarded, by contributing to the protocol and accumulating TUT.

Token holders from 2017 TUT and 2021 TUT private sale are the first groups to get the tokens, as well as Tutellus users and clients as rewards for their interaction with the platform.

Core team will start getting their tokens from month 9 and Tutellus Treasury will have a slower and progressive distribution, even after the yield farming is over, for 60 months.

5.2. Distribution

Community always first. Company and core team, the last ones

Stakeholder

Quantity (TUT)

Percentage (%)

Private Sale 2021

5,000,000

2.5

TUT Holders 2017

5,000,000

2.5

Core Team

6,000,000

3

Tutellus Treasury

30,000,000

15

Yield Farming

64,000,000

32

Rewards

90,000,000

45

Total

200,000,000

100

5.3. Progressive token release

First to get, first to earn more. Community and Private Sale first.

Stakeholder

Quantity (TUT/month)

From (month)

To (month)

Type

Private Sale 2021

625,000

-1

7

Fixed

TUT Holders 2017

625,000

-1

7

Fixed

Core Team

500,000

7

19

Fixed

Tutellus Treasury

+13,333.33

0

60

Progressive

Yield Farming

+98,765.43

0

36

Progressive

Rewards

90,000,000

0

until 90M

By interaction

All tokens to distribute per month are really distributed per block, so users can claim them any time from tutellus.io.

5.4. Burning

Through a deflationary model with a burn mechanism since day one

The protocol burns TUT tokens from unstaking fees, since day 1 in the staking contract (10-0.1% between t=0 and 30 days), and since the Launchpad adding also new staking contracts such as another fees (like change factions).

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