> For the complete documentation index, see [llms.txt](https://docs.antarctic.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.antarctic.exchange/tokenomics-lightpaper/token-distribution.md).
# Token Distribution
The token distribution is strategically designed to support the project’s growth, ensure market stability, and incentivize long-term participation. Below are the details of each allocation bucket with the vesting schedule, and charts showing the allocation percentage and total tokens in circulation.
* Airdrop — Airdrop rewards distributed to active traders to reward trading volume and engagement.
* Seed Round and Private Round — Early-stage funding to support platform development and initial growth initiatives.
* KOL Round — Allocated to key opinion leaders who amplify platform visibility, user acquisition, and community engagement.
* Market Makers & Exchanges — liquidity and LP incentives required to support token liquidity on secondary markets after token launch.
* Team and Advisors — alignment tokens for the core development team and key advisory partners.
* Ecosystem Dev — Reserved to fund grants, partnerships, and strategic initiatives that drive long-term network growth and utility.
* Liquidity — Allocated to bootstrap on-chain liquidity and support healthy trading across key markets.
* Treasury — Tokens from the treasury will be allocated to incentivize trader, community engagement, and event development.
This token allocation strategy prioritizes community ownership, allocating up to 63.4% of tokens to the community. This is a larger share than that allocated to both the team and investors combined, which provides retail investors with a sense of majority ownership.
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