Initial Distribution

The initial total supply of $LB will be 100M，the detailed distributions are as follow:

Community: 20%(veLB)

5% of the LB tokens(in the form of veLB, lock for 3 months) will be distributed to the people who have played the biggest role in incubating Pound Swap and those likeliest to contribute to its long-term success, including:

• 2M(2%): Ecosystem OG(Have more than 100 transactions record on ZK roll-up blockchain)

• 2M(2%): Liquidity Book OG(Trader Joe deep user, Jimbo, White Lotus user)

• 1M(1%) Pound Swap initial users

The Distribution plan for the rest of the 15% tokens will be announced later.

LP Pool Initial Emission: 22.5%

22.5M(22.5%) of LB tokens will be used for initial emission for liquidity providers.

Team: 15%

• 3% in the form of $veLB and use it to vote for $LB trading pairs in perpetuity.

• 3% vesting for 6 months, 3-month lock in the form of veLB, 3-month linear release. To cover ongoing expenses and all the upcoming development efforts. When the token is locked as veLB, it will be used to vote for the main pool on the protocol.

• 9% vesting for 18 months, 12-month lock in the form of veLB, 6-month linear release. When the token is locked as veLB, it will be used to vote for the main pool on the protocol.

Marketing: 10%

10% of the initial supply will be used for marketing, community incentive, business development, and other use cases related to protocol growth.

Initial liquidity: 2.5%

2.5% of the initial total supply will be used to provide initial liquidity on DEX for LB/ETH, LB/USDC trading pair

Growth Found: 10%

10% of the tokens will be reserved as a protocol development fund to support the future development of the project and community building.

Partner/DAO：5%(veLB)

5% of the token(in the form of veLB, lock for 3 months) will be distributed to the partner protocols and DAOs which are interested in building Pound Swap together.

Initial ve-token offering：15%

15% of the initial total supply will be fair launched, giving users a variety of price and lock-up period options.