Tokenomics
$WAIV token
The WAIV token is central to Waivlength’s ecosystem, designed to power user interactions, incentivize participation, and enable decentralized governance. With a capped total supply, WAIV will be distributed strategically to foster community growth, reward contributors, and support future development. Additionally, platform fees will be apportioned pro rata back to governance token holders, ensuring that active participants benefit from the platform’s success.
This document outlines the distribution, vesting schedule, and governance structure of the WAIV token, providing transparency into how it will function and evolve within the platform.
Distribution
$WAIV has a total supply of 1 billion tokens. The initial $WAIV distribution is as follows:
55% or 550,000,000 $WAIV to the community
10% or 55,000,000 is the Community Rewards Pool
2.56% or 14,063,000 is allocated to Initial Holder Airdrop **
87.44% or 480,937,000 is allocated to Incentive Programs, Liquidity Provisioning & Grants
25% or 250,000,000 $WAIV to core contributors
10% or 100,000,000 $WAIV to investors & advisors
10% or 100,000,000 $WAIV reserve for future fundraising, development & governance
Community
55%
550,000,000 WAIV
Allocated to community incentives, airdrops and grants
Core Contributors
25%
250,000,000 WAIV
Allocated to team members and key contributors
Investors & Advisors
10%
100,000,000 WAIV
Reserved for early investors and advisors
Reserves
10%
100,000,000 WAIV
For future project needs, development, and governance initiatives
Vesting Schedule
Vesting is divided into the following categories:
Community allocation
30% - No vesting period
70% - 3-year linear vesting with no cliff.
Core contributors:
100% - 3-year linear vesting with a 1-year cliff.
Investors & Advisors:
100% - 3-year linear vesting with a 1-year cliff.
Reserve allocation:
No vesting period.
Community Treasury
WAIV Token Distribution to the Community:
Community Rewards Pool (10% - 55,000,000 WAIV): To incentivize active participation and app engagement, 10% of the total WAIV supply will be allocated to a farming rewards pool. This is not a traditional airdrop; instead, rewards will be distributed based on each user's community membership score, with higher scores earning a larger share of the rewards. This approach ensures that the most active and engaged community members are recognized and rewarded.
Initial Holder Airdrop (2.56% - 14,063,000 WAIV): An additional 2.56% of the total supply will be allocated to initial holders of the WAIV token, distributed pro-rata according to their holdings. Details, calculations and vesting terms are provided below.
Incentive Programs, Liquidity Provisioning & Grants (87.44% - 480,937,000 WAIV): The remaining 87.44% of the community treasury will be utilized for ongoing incentive programs, liquidity provisioning, and grants. These allocations are designed to drive user engagement, support platform liquidity, and fund initiatives that enhance the Waivlength ecosystem.
WAIV tokenholders control the supply and distribution of WAIV tokens through decentralized governance mechanisms. This allows the community to participate in key decision-making processes, ensuring that the direction and growth of Waivlength are guided by its most invested members.
Token Utility
The WAIV token is central to Waivlength’s ecosystem, designed not only as a governance mechanism empowering holders to influence platform decisions but also as an integral part of the operational functionality within Waivlength's Agent Framework. Token holders actively shape the platform’s strategic direction, vote on key initiatives, and help guide the community’s future growth.
Within the Waivlength Agent Framework, the WAIV token plays a critical role in facilitating dynamic and strategic tokenomics. AI agents can autonomously manage token launches, liquidity provision, and community incentives for other projects within Spaces. For example, project founders and community members can fund AI agent budgets directly by purchasing WAIV tokens, which agents then utilize autonomously to execute tasks, manage liquidity pools, distribute rewards, or conduct strategic on-chain actions aligned with project goals.
Currently, Waivlength offers core platform features freely, with select advanced functionalities—such as creating tokenized Spaces or conducting pre-sales—requiring payments in ETH. As the platform matures, additional protocol fees and premium features will be introduced, enhancing the utility of WAIV tokens by granting exclusive access and enabling revenue sharing among active, engaged users.
This comprehensive token utility model, deeply integrated within the agent framework, ensures ongoing engagement, rewards meaningful participation, and creates sustainable value across the entire Waivlength ecosystem.
Background on 2.56% Allocation
When Waivlength initially launched as a BEP-20 token on Binance Smart Chain (BSC), it functioned solely as a utility token without specific use cases. Recognizing the need for enhanced utility and community engagement, the Waivlength team decided to cease trading the original WAIV token on PancakeSwap and remove its liquidity. To honor and reward the initial holders of the original token, we have allocated 2.56% of the community treasury supply to these early supporters. This allocation ensures that initial holders are fairly compensated and remain integral to the future growth and success of the Waivlength ecosystem.
Tokenomics Calculations for 2.56% Allocation
To determine the 2.56% allocation for initial holders, we based our calculations on the transition from the old token to the new WAIV token using a fully diluted market capitalization approach.
Tokenomics Calculations for 2.56% Allocation
To determine the 2.56% allocation for initial holders, we based our calculations on the transition from the old token to the new WAIV token using a fully diluted market capitalization approach.
1. Old Token Market Capitalization:
Total Supply: 1,000,000,000,000,000 WAIV
Price per Token at liquidity removal: $0.00000000049 (1)
Fully Diluted Market Cap: 1,000,000,000,000,000 * 0.00000000049 = $490,000
2. New Token Details:
Total Supply: 1,000,000,000 WAIV
Seed Round Allocation: 7% (70,000,000 WAIV)
Estimated Funds to be Raised: $1,000,000
3. Price per New Token:
Price per New Token: $1,000,000 / 70,000,000 ≈ $0.0142857 per WAIV
4. New Token Market Capitalization:
Fully Diluted Market Cap: 1,000,000,000 * 0.0142857 = $14,285,700
5. Allocation for Old Holders:
Old Token Holders' Share in Market Cap: 41% (2) × $490,000 = $200,900
Number of New Tokens for Old Holders: $200,900 / $0.0142857 ≈ 14,063,000 WAIV
Percentage Allocation: (14,063,000 / 550,000,000) * 100% ≈ 2.56%Last updated
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