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Vesting Contracts
Functional Specifications of Vesting for Adopters

Adoption Classes

There are three AUDT adoption classes:
  • Early Adopters - 2017 - 2018
  • New Adopters - 2021
  • IDO Adopters - December 14, 2021

Vesting Cliff and Timeline

There are two vesting cliffs. One for all adoption classes which began on December 14, 2021 and one for the team and advisers which begins on June 3, 2022.
Vesting Cliff and Timeline

Early Adopters

Early adopters purchased a total of 30,000,000 AUDT and received a 10% bonus. They may view their vesting statement and make a claim by connecting here with their Metamask wallet address and clicking the Early Contributors tab.
Vesting began on December 3, 2021. Vesting occurs equally, every day for 366 days. Early adopters may claim any or all vested amounts from the vesting contract during the vesting period.
Those who are entitled to vesting can access their vesting statement and claiming dashboard here.

Vesting Bonus for Early Adopters

Early adopters will receive a bonus equal to 110% of the balance of AUDT in the vesting contract on day 366. The bonus is calculated by multiplying
balance1.1balance*1.1
The bonus is designed to incentivize long term behavior. The bonus is reduced if claims are made on any vested amount prior to the expiration of the vesting period.
Example: Alice bought 2000 AUDT. She claimed 1,000 and has 1000 AUDT in the vesting contract. She is entitled to a bonus of an additional 1100 AUDT if she leaves the vested amount in the contract unclaimed until day 366. If Alice makes a claim on day 366, she will receive a total of 2,100 AUDT. If Alice claims 500 during the vesting period and leaves 500 in the contract, she will only receive a total of 1,050 AUDT on day 366. Therefore her bonus was reduced to 550 AUDT as the result of claiming 500 AUDT prior to the expiration of the vesting period.

New Adopters

New Adopters purchased a total of 10,850,351 AUDT and received a 10% bonus. They may view their vesting statement and make a claim by connecting here with their Metamask wallet address and clicking the Private Sale tab.
Vesting began on December 3, 2021. Vesting occurs equally, every day for 366 days. Private sale participants may claim any or all vested amounts from the vesting contract during the vesting period.

Vesting Bonus for Private Sale

Private sale participants will receive a bonus equal to 20% of the balance of AUDT in the vesting contract on day 366. The bonus is calculated by multiplying
balance.2balance*.2
The bonus is designed to incentivize long term behavior. The bonus is reduced if claims are made on any vested amount prior to day 366.
Example: Bob bought 1000 AUDT. He claimed 50 and has 1950 AUDT in the vesting contract. He is entitled to a bonus of an additional 390 AUDT if he leaves the vested amount in the contract unclaimed until day 366. If Bob makes a claim on day 366, he will receive a total of 2340 AUDT. If Bob claims 500 during the vesting period and leaves 1450 in the contract, he will only receive a total of 1740 AUDT on day 366. Therefore his bonus was reduced to 290 AUDT as the result of claiming 500 AUDT prior to the expiration of the vesting period.

Team Vesting

The team and advisers are currently granted 16,600,000 AUDT. All team members and advisers are subject to vesting.
Vesting for all team members and advisers begins on June 6, 2022. All team members and advisors vest equally every day over 365 days. Any team member or adviser may claim any or all vested amounts from the vesting contract during the vesting period. No claims may be made by any team or adviser until June 3, 2022.
The formula for vesting for all team members and advisors is :
Allocation/365Allocation/365
No bonus is added to the vesting contracts for the team and advisers.

IDO

IDO adopters purchased a total of 1,000,000 AUDT. They will receive 100,000 AUDT upon launch. The remaining 900,000 will vest equally every day for one year with no bonus.
Last modified 12d ago