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About Lavandos
- 15,000 active TON addresses will receive LAVE cryptocurrency.
- 73.4% of LAVE tokens will be distributed to active wallets.
- 26.6% of LAVE tokens will be used for development, marketing, and other costs.
- Initial issue: 5,000,000,000 LAVE.
- Final issue: 4,600,000,000 LAVE.
- Stage 1: 2,100,000,000 LAVE (42% of initial issue) distributed among 6,000-7,000 wallets.
- Stage 2: 1,050,000,000 LAVE (21% of initial
About Lavandos
In the realm of cryptocurrency, Lavandos emerges as a beacon of innovation, poised to revolutionize the digital landscape.
LAVE is a cutting-edge altcoin that operates on the innovative TON network, leveraging its robust infrastructure to facilitate seamless transactions and unparalleled security.
The DeFi community is in dire need of a paradigmatic decentralized and distributed cryptocurrency that embodies an affordable store of value. By doing so, we can accelerate the adoption of DeFi among the masses. Ideally, the TON token would have been an exemplary fit for this purpose.
Consequently, I have dispersed the LAVE cryptocurrency across the TON network, ensuring that a minimum of 15,000 active TON addresses will receive a share of the final 73.4% allocation. This endeavour will necessitate an expenditure of at least 900 TON-coins. The remaining 26.6% will be dedicated to the development of the LAVE token. Ultimately, this will culminate in a decentralized, distributed cryptocurrency, free from the risks that plagued FTT, for instance.
We mitigate the risks of excessive manipulation. LAVE serves as a paradigmatic example of a decentralized currency, substantiating the underlying thesis.
Upon examining other tokens, I discovered that a surprisingly small number of individuals utilize DEX. By gifting a substantial audience of the most active TON users with LAVE, we will introduce a multitude of users to DEX. With the coins at their disposal, they will rapidly learn how to utilize and apply them in diverse areas of DEFI, right from the inception of its development trajectory. By disseminating LAVE tokens to the masses, we will accelerate their entry into DEFI.
Initial Issue: 5,000,000,000 LAVE
Ultimate Allocation: 4,600,000,000 LAVE
The inaugural stage of distribution entails the allocation of 2,100,000,000 LAVE tokens, representing 42% of the initial issue. This distribution will be dispersed among 6,000-7,000 unique wallets, with each wallet receiving an allotment of 300,000 coins. A specialized bot will also be integrated into this process, with a projected completion date of January 2, 2023.
The second stage of distribution entails the allocation of 1,050,000,000 LAVE tokens, representing 21% of the initial issue. This substantial tranche will be dispersed among 6,000 to 7,000 unique wallets, with each recipient receiving 150,000 coins. This milestone was successfully completed on January 11, 2023.
The third stage of distribution entails the allocation of 225,000,000 LAVE, equivalent to 4.5% of the initial issue, among 3,000 wallets, with each wallet receiving 75,000 coins. This stage was completed on January 15, 2023.
A total of 400,000,000 LAVE, equivalent to 8% of the initial issue, were ceremoniously burned on 15 January 2023 via minter.ton.org. Following this incineration, the remaining emission stood at 4,600,000,000 LAVE.
A staggering 73.4% of the total LAVE token supply from the final issuance has been successfully distributed.
A total of 1,225,000,000 LAVE tokens, representing 26.6% of the total supply, will be allocated by the Lave Foundation to facilitate liquidity on exchanges, execute additional airdrops, and cover advertising and marketing expenses. Furthermore, these funds will be utilized to develop the LAVE ecosystem and application, as well as to settle programming fees, rent and purchase server capacity, and other miscellaneous expenditures.
With a staggering 73.5% of tokens allocated to active wallets, every individual has the opportunity to participate in shaping the project’s future. Unencumbered by the influence of large investors or substantial financial backing, I am driven by an unwavering passion to bring this humanitarian vision to life. You, too, can play a pivotal role in this project’s development. The simplest way to contribute is by spreading the word – share this project with friends, family, and social networks, or join our communities on Telegram: @lavetoken, @lavechats, @lave
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