# Token Economics

## Overview

The TIDAL token is a standard ERC-20 token which will in future be migrated to a Polkadot-based smart contract platform such as Moonbeam or Plasm. Details of a token swap will be announced in due course. Token distribution and vesting schedule are listed below for reference, details are subject to changes. 

### Specs

| Token Name   | Tidal Governance Token |
| ------------ | ---------------------- |
| Token Ticker | TIDAL                  |
| Token Type   | ERC-20                 |
| Token Supply | 20,000,000,000         |

|             | Unlock Schedule                                                                                    |
| ----------- | -------------------------------------------------------------------------------------------------- |
| Seed        | 20% day 14,  rest equally spread with 2nd unlock 9 month after TGE, 3rd unlock 12 months after TGE |
| Strategic   | 25% day 14, rest equally spread with 2nd unlock 9 month after TGE, 3rd unlock 12 months after TGE  |
| Private     | 30% day 14, rest equally spread with 2nd unlock 9 month after TGE, 3rd unlock 12 months after TGE  |
| Pre-Sale    | 30% day 0, rest equally spread with 2nd unlock 9 month after TGE, 3rd unlock 12 months after TGE   |
| Public Sale | Fully unlock                                                                                       |
| Team        | 1 year cliff, rest linear over 48 months                                                           |
| Advisor     | 1 year cliff, rest linear over 48 months                                                           |

## Token Distribution

![](https://firebasestorage.googleapis.com/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MPZiF74TECIz6QNlt5l%2Fuploads%2FTwQlRdnvJIeE1CtQsuQK%2Ffile.png?alt=media)