The HILO token
Token, Distribution and DAO
The HeirloomDAO token (HILO) is the future native currency of the HeirloomDAO platform that will be used both as the utility and governance token. Transactions inside the platform will be paid utilizing the HeirloomDAO token, and the voting of improvement proposals inside the dao will utilize the token as voting power.
Initially, 10M HILO tokens will be allocated to the project. Distribution will utilize a 24 Months lock-up period for team and investors, unlocked quarterly.
Distribution of the HILO token:
22% Team
20% Community Treasury
15% Public Sale
15% Seed Investors
14% Airdrop and LP
9% Pre-seed
5% Advisors
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