ALN Private Sale, Revised Token Metrics and Roadmap

We have updated ALN’s allocation, metrics, and tokenomics based on recent developments shared here. Refer to our Whitepaper V1.5 for the full details.

This post covers the revised token allocation, token sale and private sale breakdown, then highlights some tokenomics changes, and ends off with our roadmap for the next 4 quarters.

Revised ALN Token Allocation

The treasury allocation has been reduced to accommodate the new token sale allocation. The complete breakdown is as follows:

ALN Token Allocation as of 25th February 2021

ALN Token Sale Overview

25% of the total supply (25,000,000 ALN) is allocated to the Token Sale and divided into 4 phases held from Q4 2020 to Q1 2021, detailed in the table below:

Note: All vesting is linear (by block) and starts from date of exchange listing.

Unsold tokens will be added to the Treasury.

ALN Token Private Sale Overview

The ALN private sale is currently open, and will end on 22nd February 2021, or when allocated tokens are sold out, whichever comes first.

5% of total supply (5,000,00 ALN) is allocated for the Private Sale, at the price of $0.08/ALN. Tokens will be locked up until exchange listing, followed by 6 months of linear vesting (by block).

Private Sale conditions:

  • Minimum contribution: US$10,000
  • Accepted currencies: ETH and ERC-20 (WBTC, DAI, USDC and USDT)
  • Restricted jurisdictions: USA and other sanctioned countries

ALN Token: Tokenomics Highlights

The core functions of the ALN token are to:

  1. Bootstrap the ALN community, ecosystem, utility and liquidity.
  2. Fuel the incentive and gamification mechanisms of ALN-powered products and services.
  3. Coordinate decentralised governance and reward the community of governors.

Here we highlight some new incentive mechanisms in our latest Whitepaper, namely the Aluna.Social Performance Pool, and ALN’s value accrual design with the addition of the Rewards Pool.

For more information about other incentive mechanisms such as participation mining, holding and staking rewards, refer to our latest Whitepaper.

Aluna.Social Performance Pool

Up to 50% of fees from Aluna.Social (e.g. payment for PRO subscription plans starting Q2 2021) will be added to a Performance Pool. This is then shared among all the profitable leader traders every month.

Rewards Pool

Up to 50% of ALN fees and 5% of non-ALN fees from ALN-powered platforms and smart contracts (e.g. for prediction games, defi social trading) will be added to a Rewards Pool. This is then distributed to ALN stakers and added to the community-owned treasury.

Refer to our latest Whitepaper for more information.

Aluna Roadmap: 2021

We also completed our smart contract audit with CertiK last month, and are in the process of completing a platform infrastructure security audit with Deployflow.

Here’s our roadmap for the next 4 quarters:

Refer to section 7 in our Whitepaper for the long term roadmap.

The next-generation gamified social trading terminal: