$Butterfly Governance Token Allocation and Vesting

$Butterfly Governance Token Allocation and Vesting

🪙 $Butterfly governance token allocation and vesting

$Butterfly is the protocol's native governance token. Through a strong incentive layer, it addresses the "tragedy of the commons" problem faced by early Mesh networks.

• Total supply: 1,000,000,000 (1 billion)

📊 Token allocation details

Allocation segment	Amount	Share	Lock & release rules
Ecosystem incentives	403,500,000	40.35%	Linear vesting over 48 months. Released via PoC mining, directly rewarding user interactions.
Staking rewards	134,500,000	13.45%	Released across 48 Epochs. Each Epoch divides fixed rewards based on stake amount and duration.
Twitter Yappers	121,500,000	12.15%	Allocated based on social behavior (YEPs); first come, first served.
Airdrop GENESIS	80,500,000	8.05%	30% unlocked at TGE, 6-month lockup, then linear unlock over the following 36 months.
CEX liquidity	82,500,000	8.25%	Linear monthly unlock over 18 months to ensure DEX/CEX depth.
Treasury	61,500,000	6.15%	Used for long-term development, community contributions, and marketing; allocated by DAO vote.
IDO public sale	50,000,000	5.00%	100% unlocked at TGE.
Team	43,500,000	4.35%	0% unlocked at TGE, 6-month lockup (Cliff), then linear unlock over 42 months.
Advisors	22,500,000	2.25%	0% unlocked at TGE, 6-month lockup (Cliff), then linear unlock over 42 months.

📉 Release schedule and linear vesting function

For the team and advisors portion, the $t$month circulating supply$S_{team}(t)$ is:

$$S_{team}(t) = \begin{cases} 0, & t < 6 \\ \text{Total}_{team} \times \frac{t-6}{42}, & 6 \le t \le 48 \\ \text{Total}_{team}, & t > 48 \end{cases}$$

Cash flow forecast:

• M0 (TGE): Only IDO + some airdrops unlocked. Low initial circulation helps price discovery.

• M6 (Cliff End): Team and advisors start unlocking, but are continuously diluted by ecosystem releases.