Identity
$LEMON Allocations
Category
Percentage
Description
Ecosystem Fund
25%
Proactive program to incentivize participation and stimulate the economy of United Stands of Lemonade by providing funding to event organizers and community builders to #makelemonade
Retroactive Rewards
20%
Primary mechanism to adequately and reliably reward event organizers, creator & community builders for the impact they provide
Platform rewards
20%
A series of airdrops to reward Lemonade platform users for specific helpful actions that support Lemonade Stands being built by creators, event organizers and SMBs
Public Sale
5%
Jumpstart the economy and ecosystem and help build United Stands of Lemonade Treasury/Reserve
Core contributors
15%
The people who’ve been working tirelessly to bring the United Stands of Lemonade into existence
Early backers
15%
Investors who believe and back the vision
Ecosystem Fund
Allocation: 25%
The Ecosystem Fund is an incentive program designed to stimulate the United Stands of Lemonade economy. The Ecosystem Fund will be used to directly fund the Lemonade Stand owners and communities that drive the expansion of the ecosystem via monthly or quarterly airdrops.
The allocation dedicated to the Ecosystem Fund is to be further split into the following categories:
Legislature (7.5%)
Executive (11.25%)
Judiciary (1.25%)
Reserve (5%)
The ecosystem fund is intended to to be a kick-starting mechanism that will become sustainable through Lemonade’s platform and sequencer revenue. Lemonade Foundation and core DAO expects the function served by the Ecosystem Fund (proactive funding) to be replaced with future platform, markerplace and superchain revenue driven by third-party individuals, communities and builders incentivized and invested in furthering its mission.
The wide variety of funding mechanisms ensures that airdrops constantly flow to users who make valuable contributions to the ecosystem. These contributions result in ecosystem growth, which results results in demand for platform services and superchain block space; demand for block space results in revenues, and these revenues are then productively re-deployed into the ecosystem as additional airdrops.
Each fund can be thought of as a parallel experiment in $LEMON allocation, enabling rapid iteration and doubling down on what works to further grow the ecosystem.
Legislature
An allocation of 7.5% of the $LEMON token supply will be dedicated to Legislature fund. which is focused on helping creators, communities and SMBs from 0 → 1, particularly that are entirely focused on building the Lemonade ecosystem. All projects demonstrating usage on Lemonade Platform and Superchain can request tokens from this fund via various direct and quadratic funding mechanisms organized by the Grants Council.
Executive
An of 11.25% of the $LEMON token supply will be dedicated to the Executive fund. These funds will be strategically distributed by the Lemonade Foundation to grow the Lemonade ecosystem for the benefit of the entire collective.
Judiciary
An allocation of 1.25% of the $LEMON token supply will be dedicated to Reserve, which is focused on creating permissionless rewards and incentives for $LEMON token holders via liquidity pools and staking rewards.
Reserve
An allocation of 5% of the $LEMON token supply will be dedicated to Reserve, which is focused on creating permissionless rewards and incentives for $LEMON token holders via liquidity pools and staking rewards.
Retroactive Rewards
Allocation: 20%
Retroactive rewards will initially be distributed by the Executive branch of the United Stands of Lemonade on a quarterly basis. The objective of these airdrops is to ensure that all projects are rewarded adequately, appropriately, and reliably based on their impact to the Collective—key to the Lemonade vision.
Retroactive rewards will be funded by several revenue sources:
20% of the initial $LEMON token supply as “Retroactive Reserve”
Lemonade platform subscription & fees
Lemonade marketplace smart contract fees
Lemonade superchain sequencer revenue
United Stands of Lemonade Passports
LemonHead phygital merch store
LemonHead avatar sales
The Lemonade Foundation may choose to increase the total $LEMON payout of any given period by tapping into the 20% Retroactive Reserve.
Platform Rewards
Allocation: 20%
Platform rewards are designed to benefit creators, event organizers and SMBs building Lemonade Stands onchain. These rewards will be distributed by the Legislature and Executive branch to communities that support Lemonade Stand commerce & engagement growth.
Following are some of the actions that will qualify for Platform rewards:
Subscribe to Lemonade Platform products & services
Purchase event tickets onchain via Lemonade Stand smart contracts
Purchase NFTs & collectibles on the Lemonade Marketplace
Transact on the Lemonade Superchain
Purchase LemonHeads and Lemonade passports
Inviting users to the Platform that qualify for platform rewards
The Lemonade Foundation may choose to add qualification actions in the future based on initiatives launched by the Executive in partnership with the Legislature branch of United Stands of Lemonade.
Public Sale
Allocation: 5%
The objective of the $LEMON token public sale is to jumpstart and drive a sustainable economy in the United Stands of Lemonade long-term.
Core Contributors
Allocation: 15%
The Core Contributors allocation will be distributed to the people who helped bring United Stands of Lemonade from concept to reality, and will continue to pay for development of the vertically integrated protocol-platform-product stack. All tokens distributed as part of the Core Contributors allocation will be subject to a lockup period.
Early Backers
Allocation: 15%
The early investors who were bold enough to fund our vision that all others deemed crazy. All tokens distributed as part the Early Backers allocation will be subject to a lockup period.
Token Distribution Details
At genesis there be an initial total supply of 210,000,000,000 [210 billion] $LEMON tokens. The token supply will inflate at the latest rate approved by governance.
70% of the initial token supply (i.e., the aggregate amount of $LEMONS not reserved for core contributors or early backers) will be distributed to the community as described above. These distributions will be administered over time by the Lemonade Foundation and Executive branch in its role as the stewards of the United Stands of Lemonade.
In Year 1, 30% of the initial token supply will be made available to the Foundation for distribution. After the first year, token holders will vote to determine the Foundation’s annual $LEMON distribution budget.
If the Foundation’s authorized $LEMON expenditures ever reaches below 10% of the initial token supply, it is expected to request an additional allocation.
Taken together, the Foundation estimates the total supply of circulating $LEMON tokens to increase as detailed in this sheet.
Circulating supply is defined as the amount of $LEMON tokens in general circulation that have no known restrictions on transfer.
Available supply is the amount of $LEMON tokens that are (a) part of the circulating supply, or (b) are subject to some governing body to determine the pace at which they are distributed. This includes Ecosystem Funding, Retroactive and Platform rewards indicated in the pie chart above.
$LEMON Allocations
Category
Percentage
Ecosystem Fund
25%
Retroactive Rewards
20%
Platform rewards
20%
Public Sale
5%
Core contributors
15%
Early backers
15%
Ecosystem Fund
Allocation: 25%
The Ecosystem Fund is an incentive program designed to stimulate the United Stands of Lemonade economy. The Ecosystem Fund will be used to directly fund the Lemonade Stand owners and communities that drive the expansion of the ecosystem via monthly or quarterly airdrops.
The allocation dedicated to the Ecosystem Fund is to be further split into the following categories:
Legislature (7.5%)
Executive (11.25%)
Judiciary (1.25%)
Reserve (5%)
The ecosystem fund is intended to to be a kick-starting mechanism that will become sustainable through Lemonade’s platform and sequencer revenue. Lemonade Foundation and core DAO expects the function served by the Ecosystem Fund (proactive funding) to be replaced with future platform, markerplace and superchain revenue driven by third-party individuals, communities and builders incentivized and invested in furthering its mission.
The wide variety of funding mechanisms ensures that airdrops constantly flow to users who make valuable contributions to the ecosystem. These contributions result in ecosystem growth, which results results in demand for platform services and superchain block space; demand for block space results in revenues, and these revenues are then productively re-deployed into the ecosystem as additional airdrops.
Each fund can be thought of as a parallel experiment in $LEMON allocation, enabling rapid iteration and doubling down on what works to further grow the ecosystem.
Legislature
An allocation of 7.5% of the $LEMON token supply will be dedicated to Legislature fund. which is focused on helping creators, communities and SMBs from 0 → 1, particularly that are entirely focused on building the Lemonade ecosystem. All projects demonstrating usage on Lemonade Platform and Superchain can request tokens from this fund via various direct and quadratic funding mechanisms organized by the Grants Council.
Executive
An of 11.25% of the $LEMON token supply will be dedicated to the Executive fund. These funds will be strategically distributed by the Lemonade Foundation to grow the Lemonade ecosystem for the benefit of the entire collective.
Judiciary
An allocation of 1.25% of the $LEMON token supply will be dedicated to Reserve, which is focused on creating permissionless rewards and incentives for $LEMON token holders via liquidity pools and staking rewards.
Reserve
An allocation of 5% of the $LEMON token supply will be dedicated to Reserve, which is focused on creating permissionless rewards and incentives for $LEMON token holders via liquidity pools and staking rewards.
Retroactive Rewards
Allocation: 20%
Retroactive rewards will initially be distributed by the Executive branch of the United Stands of Lemonade on a quarterly basis. The objective of these airdrops is to ensure that all projects are rewarded adequately, appropriately, and reliably based on their impact to the Collective—key to the Lemonade vision.
Retroactive rewards will be funded by several revenue sources:
20% of the initial $LEMON token supply as “Retroactive Reserve”
Lemonade platform subscription & fees
Lemonade marketplace smart contract fees
Lemonade superchain sequencer revenue
United Stands of Lemonade Passports
LemonHead phygital merch store
LemonHead avatar sales
The Lemonade Foundation may choose to increase the total $LEMON payout of any given period by tapping into the 20% Retroactive Reserve.
Platform Rewards
Allocation: 20%
Platform rewards are designed to benefit creators, event organizers and SMBs building Lemonade Stands onchain. These rewards will be distributed by the Legislature and Executive branch to communities that support Lemonade Stand commerce & engagement growth.
Following are some of the actions that will qualify for Platform rewards:
Subscribe to Lemonade Platform products & services
Purchase event tickets onchain via Lemonade Stand smart contracts
Purchase NFTs & collectibles on the Lemonade Marketplace
Transact on the Lemonade Superchain
Purchase LemonHeads and Lemonade passports
Inviting users to the Platform that qualify for platform rewards
The Lemonade Foundation may choose to add qualification actions in the future based on initiatives launched by the Executive in partnership with the Legislature branch of United Stands of Lemonade.
Public Sale
Allocation: 5%
The objective of the $LEMON token public sale is to jumpstart and drive a sustainable economy in the United Stands of Lemonade long-term.
Core Contributors
Allocation: 15%
The Core Contributors allocation will be distributed to the people who helped bring United Stands of Lemonade from concept to reality, and will continue to pay for development of the vertically integrated protocol-platform-product stack. All tokens distributed as part of the Core Contributors allocation will be subject to a lockup period.
Early Backers
Allocation: 15%
The early investors who were bold enough to fund our vision that all others deemed crazy. All tokens distributed as part the Early Backers allocation will be subject to a lockup period.
Token Distribution Details
At genesis there be an initial total supply of 210,000,000,000 [210 billion] $LEMON tokens. The token supply will inflate at the latest rate approved by governance.
70% of the initial token supply (i.e., the aggregate amount of $LEMONS not reserved for core contributors or early backers) will be distributed to the community as described above. These distributions will be administered over time by the Lemonade Foundation and Executive branch in its role as the stewards of the United Stands of Lemonade.
In Year 1, 30% of the initial token supply will be made available to the Foundation for distribution. After the first year, token holders will vote to determine the Foundation’s annual $LEMON distribution budget.
If the Foundation’s authorized $LEMON expenditures ever reaches below 10% of the initial token supply, it is expected to request an additional allocation.
Taken together, the Foundation estimates the total supply of circulating $LEMON tokens to increase as detailed in this sheet.
Circulating supply is defined as the amount of $LEMON tokens in general circulation that have no known restrictions on transfer.
Available supply is the amount of $LEMON tokens that are (a) part of the circulating supply, or (b) are subject to some governing body to determine the pace at which they are distributed. This includes Ecosystem Funding, Retroactive and Platform rewards indicated in the pie chart above.