Token Utility
- Token Name: YELLOW
- Token Ticker: $YELLOW
Token Usage
$YELLOW tokens should be locked on the account to have the ability to open trading channels with other brokers.
The node software is open-source; however, you need to lock $YELLOW tokens to become an exchange broker in Yellow Network.
- Launch an application on supported hardware and give it a name;
- Lock 250,000 $YELLOW tokens to activate 4 peer-to-peer trading channels;
- Stake collateral to be able to exchange between brokers;
- Access shared order book liquidity of connected peers.
Yellow Token Characteristics
Token Type: ERC-20
Blockchain Network: ETH
Max Supply: 10,000,000,000
Token Distribution
[Token Distribution Chart]
- 30% will be dedicated to ecosystem projects development (Community Fund);
- Funds from that pool will be allocated based on community proposals 15% will be allocated for growth-hacking rewards;
- 10% will be allocated for trading mining rewards;
- 20% will be proportionally vested to the investors during 3 years period;
- 10% will be proportionally vested to the founders and team during 5 years period;
- 12.5% will be allocated for Yellow Treasury and for future growth;
- 2.5% will be allocated for liquidity provision.