Enshroud Tokenomics



This page explains the basic tokenomics properties of the Enshroud project.
$ENSHROUD tokens come into existence in two ways: through Preallocation and via a Tiered Crowdsale.
For the complete discussion in a downloadable PDF format, click here .


Tokenomics: Fixed Allocations


Preallocations chart
  • Founders/Team tokens all exist at launch, but unlock linearly over 1 year with a 90 day cliff.
  • Matching User tokens will be airdropped to qualifying users during year 2 following launch.
  • MVO Incentive tokens are earned by MVO stakers to secure the network, paid over 5 years (5M+4M+3M+2M+1M).
  • There are no investor or "VC" tokens, because Enshroud was developed privately without any external venture capital funding.
  • User Airdrop and MVO Incentive tokens are unlocked upon issuance.
  • All $ENSHROUD are governance tokens which can vote in the EnshroudDAO (locked or not).
  • Both locked and unlocked tokens can be staked on MVOs, but only unlocked tokens can be staked for a share of fee income (Yield).



Tokenomics: Tier Sale $ENSHROUD


  • Beginning at launch, these tokens are sold via a Crowdsale smart contract by the DAO at fixed prices, as shown in the table. These tokens are unlocked upon issuance. Sale proceeds go 100% to Treasury.
  • The Tier-1 price ("x") is set at the equivalent of $0.25 USD in ETH at launch, and will double in each successive Tier. Since this is a quantity of ETH, the USD value will vary throughout.
  • Any existing holder can "step in front" of the DAO's Crowdsale to provide secondary market supply at any price.
  • The maximum supply therefore depends upon market dynamics.
Crowdsale chart

See the Tokenomics document for more detailed information, along with a discussion of the economics of Enshroud.