# Initial Token Allocation

Investing Yachts uses a **flexible total supply model**: there is *no fixed number of tokens in advance*. Instead, the total initial supply is determined **by how many tokens are sold during the Pre-Sale**, which always represents **32% of the total supply**.

In other words:

> Once the 9-month Pre-Sale ends, **Total Initial Supply = (Tokens sold in Pre-Sale) ÷ 0.32**

From that total, the rest of the allocation is calculated proportionally using the percentages below.

### Allocation By Category <a href="#allocation-by-category" id="allocation-by-category"></a>

The initial token allocation is structured as follows:

| Category                  | % of Total Supply | Vesting/Liquidity                                                                                                                        |
| ------------------------- | ----------------- | ---------------------------------------------------------------------------------------------------------------------------------------- |
| Pre-Sale                  | **32%**           | **1-year cliff from TGE, then linear monthly unlock over the following 12 months (total 24 months).**                                    |
| **Public Sale (CEX/DEX)** | **33%**           | **Fully liquid at TGE** – intended for listings on centralized and decentralized exchanges.                                              |
| Team                      | **15%**           | **12-month cliff from TGE, then 24-month linear vesting** (total 36 months).                                                             |
| **Growth Fund**           | **10%**           | **Flexible release** to fund expansion, partnerships, marketing and new asset acquisition; governed by clear on-chain/treasury policies. |
| Treasury Reserve          | **5%**            | **Flexible release** used for strategic, regulatory, and risk-management needs of the protocol and company.                              |
| Community Incentives      | **5%**            | **Flexible, performance-based release** for rewards, referrals, ecosystem campaigns and loyalty programs.                                |

Percentages always sum to **100% of the initial supply**, but the **absolute number of tokens in each bucket will depend on the final amount sold in the 9-month Pre-Sale window.**

### **Vesting Philosophy And Alignment** <a href="#vesting-philosophy-and-alignment" id="vesting-philosophy-and-alignment"></a>

The vesting structure is designed to **reward early conviction** while protecting the market from aggressive dumping:&#x20;

* **Pre-Sale buyers** receive the **largest price advantage**, and in exchange commit to a **24-month vesting (1 year locked + 1 year linear unlock)** – but still **participate in net charter profits during vesting** through the distribution mechanism.
* **Public Sale tokens** are fully liquid from TGE, ensuring there is trading depth and accessibility once the token lists on exchanges.
* **Team & Founders** vest over 3 years, aligning their incentives with the **long-term growth of the fleet, the brand and the token price**, not short-term speculation.
* **Growth, Treasury and Community** buckets are intentionally flexible, enabling Investing Yachts to **fund expansion, defend the project strategically and reward the ecosystem** as it scales.

By tying:

* **32% of supply** to a long-vesting Pre-Sale,
* **33%** to liquid market listings, and
* the remainder to **long-term building and community growth**,

the **Initial Token Allocation** is structured so that **capital, talent and community are all locked into the same long-term vision**: turning $YATE into the leading real-world-asset token in the global charter yacht market.


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