LIQ is the governance and incentive token of the iAERO ecosystem, designed with a deflationary emission schedule and multiple value accrual mechanisms.
Token Specifications
Max Supply : 100,000,000 LIQ
Token Type : ERC20 with Permit
Supply Distribution
Total Supply: 100,000,000 LIQ ├── Community Emissions: 30,000,000 (40%) ├── Treasury Vesting: 10,000,000 (10%) ├── Team Vesting: 10,000,000 (10%) ├── Investor Vesting: 30,000,000 (20%) └── Remaining: 20,000,000 (20%) - Protocol reserves
Emission Schedule
Community Emissions (60M LIQ)
LIQ follows a halving schedule for community emissions:
Initial Rate : 1 LIQ per 1 iAERO minted
Halving Interval : Every 5,000,000 LIQ minted
Treasury Take : 20% of all user emissions
Halving Timeline
Milestone
Total Minted
Emission Rate
Per iAERO
Vesting Schedule (20M LIQ)
20% of supply is linearly vested over 3 years:
Treasury : 10,000,000 LIQ (3 years linear)
Team : 10,000,000 LIQ (3 years linear)
Daily Release : ~9,132 LIQ per day per stream
Vesting Contract : LIQLinearVester.sol
Value Accrual Mechanisms
1. Staking Rewards (80% of Protocol Revenue)
LIQ stakers receive the majority of protocol rewards:
Protocol Revenue Flow: ├── 80% → LIQ Stakers (via TreasuryDistributor) └── 20% → Treasury Operations
2. Governance Rights
LIQ holders control:
Voting on protocol parameters
3. Deflationary Pressure
Capped Supply : Hard cap at 100M
Halving Emissions : Decreasing inflation over time
Burn Mechanism : Users can burn LIQ tokens
Stake LIQ to earn protocol revenues:
Contract : StakingDistributor (for LIQ staking)
Rewards : 80% of treasury's 10% protocol fee share
Tokens : AERO, USDC, ETH, and other bribes
Compounding : Auto-compound by restaking rewards
Treasury Management
The protocol treasury receives:
Vested allocation (10M over 3 years)
Treasury funds are used for:
Last updated 5 months ago