# Tokenomics

## Overview

* $BANX total supply = 15B 
* Listing price = 0.0006$ per $BANX
* Listing mcap = 5.4M$
* Listing FDV = 9M$ 

$BANX Contract Address: BANXbTpN8U2cU41FjPxe2Ti37PiT5cCxLUKDQZuJeMMR

$BANX Claim Page: [launch.banx.gg](https://launch.banx.gg) 

## Allocations

**Circulating at TGE (60.4%)**

* 18.6% **FRKT migration**
* 11.4% **Swapped Banx NFTs**
* 7.1% **Presale**
* 9.2% **Exchanges/Liquidity/MM**
* 6.9% **Leaderboard rewards**
* 3.3% **Treasury**
* 3.3% **Partner Collections**
* 0.6% **Catnip rewards**

**Vesting starts at TGE (39.6%)**

* 20.8% **Team** (6 month cliff, 12 month vesting)
* 5.8% **Advisors** (6 month cliff, 12 month vesting)
* 6.3% **Seed** (12 month vesting)
* 6.7% **Strategic** (12 month vesting)

## Token Sales

| Stage       | Token Price | Valuation | Vesting   | Raise  |
| ----------- | ----------- | --------- | --------- | ------ |
| ✅ Seed\*    | $0.0012     | $18M      | 12 months | $1.12M |
| ✅ Strategic | $0.0004     | $6M       | 12 months | $0.4M  |
| ✅ Presale   | $0.0006     | $9M       | None      | $0.64M |

\*Seed round was closed in April '22 with an end of bull market valuation of $18M, twice the valuation of our launch. 


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