HUG Token
Last updated
Last updated
HUG is the token powering the HUG movement. It is a meme token created to spread love and happiness and do good in the world.
HUG Resource Address
resource_rdx1t5kmyj54jt85malva7fxdrnpvgfgs623yt7ywdaval25vrdlmnwe97
HUG has a total supply of 100 billion tokens and will be released over five years, each year having a halving on HUGvening.
Liquidity and Launch
50%
50B
Proof-of-HUG
30%
30B
Team and Contributors
10%
10B
Fun and Promotions
5%
5B
Founder
5%
5B
Account:
30% of all HUG is allocated to the innovative Proof-of-HUG distribution mechanism, a world first. Liquidity incentives and ecosystem adoption will be things that fall into this category. More details on Proof-of-HUG mining are to come, so stay tuned.
Release schedule Half of the allocation of PoH is released each year, resulting in the following release schedule. In year six, all remaining PoH-allocated tokens will be released.
Year 1: 15B $HUG
Year 2: 7.5B $HUG
Year 3: 3.75B $HUG
Year 4: 1.875B $HUG
Year 5: 937.5M $HUG
Year 6: 937.5M $HUG
10% is allocated to start up costs, onboarding further team members, and rewarding community members who help with significant ad-hoc projects. Any substantial allocations to new team members will be subject to transparency and token-vesting requirements.
5% is allocated to fun and promotions, such as meme contests, X promotions, random acts of HUGness, and more.
5% is allocated to Zombie to align his incentives with the community and compensate him for the time and expenses incurred in pushing HUG forward.
Account:
Account:
Account: