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$ALL token

$ALL token

$ALL is Allwit's token: a fixed supply of one billion on Ethereum, staked for a daily WIT allowance.

Overview

Total supply, fixed
1,000,000,000
On Ethereum mainnet
ERC-20
Sold in a public auction
40%

$ALL is issued once, with a fixed supply of one billion that is never increased. Its role on the platform is access: staked $ALL entitles a wallet to a daily allowance of WIT credits for as long as it stays staked. Staking does not consume it, and unstaking returns the full amount after a cooldown.

$ALL can also be spent on WIT credits directly, converted at its current price. See Buy WIT credits.

Allocation

AllocationShare$ALLPurpose
Public auction40%400,000,000Sold over 90 days before the token launches, from a $0.05 floor. See Launch auction.
Community rewards28%280,000,000A genesis airdrop and ongoing rewards for the Allwit community.
Core contributors13%130,000,000The team, subject to vesting.
Allwit Compute Treasury10%100,000,000Staked by the protocol to fund sponsored free and basic packages.
Foundation6%60,000,000Long-term development of the protocol.
Protocol-owned DEX liquidity3%30,000,000Paired with USDC in a Uniswap pool opened at the final auction price.
Vesting schedules for contributors, the foundation and community rewards are to be decided and will be published with the financial model.

The Allwit Compute Treasury

The Allwit Compute Treasury is the protocol's own reserve. It holds part of the auction raise and the treasury's $ALL allocation, which the protocol stakes under the same rules as any wallet. It stands behind the platform's compute and sponsors the starter WIT that new wallets receive.