Tokenomics
$HOLD is the economic engine of the whole venue rather than a standalone token. Every product, live or future, opens and settles in it, so utility and value accrue straight back as the venue scales.
Supply and allocation
| Allocation | Share | Unlock | Role |
|---|---|---|---|
| Settlement backstop | 25% | Timelocked at the event, released to the backstop at mainnet | Seeds and runs the counterparty that pays every winner. |
| Team | 18% | 12-month cliff, then 12-month linear | Nothing releases at launch. |
| Liquidity | 17% | At the event | Initial floating liquidity. |
| Community and airdrop | 14% | 1-month cliff, then distributed across campaigns | Testnet players, stakers and growth campaigns. |
| Product treasury | 10% | 1-month cliff, then 720-day vesting | Engineering, research and new products. |
| Market making and listings | 7% | 3-month cliff, then 760-day vesting | Exchange depth and going multichain. |
| Security and audits | 5% | 3-month cliff, then 760-day vesting | Continuous third-party audits for every contract update. |
| Partnerships and grants | 4% | 3-month cliff, then 760-day vesting | Developer grants and ecosystem integrations. |
No day-one sell pressure
No team tokens release at launch: they sit behind a strict 12-month cliff. The treasury buckets begin unlocking no earlier than one month after the event. The backstop allocation is not float at all. It is collateral that backs payouts, and a timelock holds it.
The 25% backstop allocation
This is the largest single allocation and it never reaches the market. All of it seeds and runs the settlement backstop, giving the venue the depth to clear live positions, process payouts without queueing, and raise the ceiling on what a single position can win.
Publishing here
The exact fee routing split between backstop depth and trading liquidity, and the staking reward rate, publish here before the token generation event.