# ALTERNUN (Community and rewards token)

## Allocation

The issuer, ALTERNUN, commits to having a maximum supply of 100,000,000 tokens, vested over a total of 48 months. This token will allow interactions with the liquidity pools generated by the main promise of Alternun but aren't directly related to gold. To learn more please visit [ALTERNUN](https://linktr.ee/Alternun).

The Community and rewards token, as its name says, is to leverage the community building and offer merit access to governance upon decision into the protocol. To understand properly the value created by ALTERNUN we highly advise the reader to review the Gold backed tokens (GBT) dynamics HERE.

The allocation of tokens is as follows:


### Private Sale & Public Sale
Tokens allocated for the Private Sale and Public Sale are aimed at initial distribution among early investors and supporters of ALTERNUN, ensuring broad initial ownership.

### Team
The Team allocation is designed to incentivize and retain key team members over the long term, with a vesting period starting after 6 months and continuing over 48 months.

### Advisors
Advisors receive tokens to align their interests with the success of ALTERNUN, with vesting over 36 months starting after a 6-month cliff.

### Treasury
Tokens allocated to the Treasury are essential for the project's financial stability and will be used strategically to support various ecosystem and company activities over a 36-month vesting period.

### Community
Allocated tokens for the Community are distributed over a 36-month vesting period to incentivize ongoing participation and engagement within the ALTERNUN community.

### Market Maker
Tokens allocated to the Market Maker will support liquidity and market stability for the ALTERNUN token, crucial for efficient trading and adoption.

## Vesting Schedule

| Entity | Allocation (%) | Vesting Start (month) | Vesting Cliff (month) | Vesting Duration (months) |
|:-------------|-----------------:|------------------------:|------------------------:|----------------------------:|
| Private Sale | 10 | 0 | 0 | 0 |
| Public Sale | 10 | 0 | 0 | 0 |
| Team | 20 | 0 | 6 | 48 |
| Advisors | 5 | 0 | 6 | 36 |
| Treasury | 20 | 0 | 0 | 36 |
| Community | 25 | 0 | 0 | 36 |
| Market Maker | 10 | 0 | 0 | 0 |


## Value propositions and their interaction with the token economy

The main value proposition of ALTERNUN token is to incentivize and build up a community committed with the regeneration of the environment. Different activities are going to be available to earn the ALTERNUN tokens that will be later be able to be used to exchange them for Gold backed tokens or for governance inside the protocol. There will be small hard coded transaction fees that will be distributed as follows: 70.00% for the stakers, and 30.00% for the treasury.

When used to mint Gold Backed Tokens, the ALTERNUN tokens will be burned.

## Token utilities

The token presents the following utilities:

- 30.00% of the fee charged in ATN will be sent to the treasury.
- ATN will be used to reward stakers.
- The token will be used as a membership requirement; when staking enough tokens, stakers gain power to receive delegation of the liquidity pools and share in the profits created.
- The token is a governance token, with voting power for managing the treasury funds and for managing the purpose of the liquidity pools created by the Gold Backed Tokens.

## Useful links

* [Sustainability goals and ESG.](/YKNpEPFyRpOoUJY0ATL3Yg)
* [ALTERNUN Gold Backed tokens (GBT).](/44ZihHl1QWuZ47lPJePU0w)
* [Projects election and profits distribution.](https://hackmd.io/@sgomezp/H15K2hWAR)
* [Alternun Roadmap.](/7Gc9vptURHG4ALCpwEOd-w)
* [ALTERNUN team.](/USESnJekQgm0lnFqd-9Upw)
* [Our website.](https://linktr.ee/Alternun)
* [Discord.](https://discord.gg/zqgQNxZx8a)
* [Crypto altruism Podcast.](https://www.cryptoaltruism.org/blog/crypto-altruism-podcast-episode-169-alternun-creating-wealth-regenerating-the-environment-with-onchain-digital-gold-mining)
* [10AM Podcast in spanish.](https://www.youtube.com/watch?v=O1W8NhtOaoQ&t=2s)