Initial Supply

Initial supply of SPHERE will largely depend on the outcome of our Fair Launch -Token Generation Event. However based in minimum and maximum raise parameters Initially supply will be; At minimum: 3,288,590.60 SPHERE At Maximum: 4,974,874.37 SPHERE

From there SPHERE's growth will largely depend on users appetite to exercise oSPHERE.

The team will take a 25% allocation in locked gSPHERE based on the finalised initial supply depending on the outcome of the TGE. This will be an illiquid position, locked in perpetuity & used purely for voting rights & governance. This position will not be able to borrow $Sonic from the bonding curve, so it does not impact the floor price backing of $Sonic / $SPHERE.

Please see our Token Generation Event page, for more details.