Tokenomics of the Equal Project
Total Token Supply
- Maximum Supply of EQL Tokens: 1,000,000,000 EQL
Token Distribution Structure
Category |
Percentage |
Tokens (EQL) |
Investors (Rabb al-Mal) |
35% |
350,000,000 EQL |
Team (Mudarib) |
15% |
150,000,000 EQL |
Advisors |
4% |
40,000,000 EQL |
Marketing and Promotion |
11% |
110,000,000 EQL |
Staking and Rewards |
30% |
300,000,000 EQL |
Reserve Fund |
5% |
50,000,000 EQL |
Total |
100% |
1,000,000,000 EQL |
Roles in Tokenized Mudaraba
- Investors (Rabb al-Mal) – 35%
- Role: Provide capital by purchasing EQL tokens.
- Rights:
- Receive 30% of the project’s net profit, distributed proportionally based on held tokens.
- Participate in platform governance through voting.
- Team (Mudarib) – 15%
- Role: Responsible for project management and development.
- Rights:
- Receive 70% of the project’s net profit.
Profit Distribution Mechanism
- Quarterly Distribution:
- 30% of the profit is allocated to investors.
- 70% goes to the team.
- Payment Mechanism:
- Payments are made in EQL tokens or other halal assets.
- Smart contracts automate and ensure transparency.
Token Utility
- Financial Participation: Earn a share of the project’s profits.
- Platform Governance: Voting rights in key decisions (1 vote per 500 EQL).
- Service Payments: Use EQL tokens to pay fees with discounts.
- Staking: Participate in staking programs for additional rewards.
- Access to Investments: Participate in exclusive investment projects.
Vesting and Unlock Conditions
- Investors (Mudaraba):
- Private Sale and Pre-Sale:
- Immediate Unlock: 10%
- Remaining 90%: Unlocks 15% every 2.5 months.
- Public Sale Round 1:
- Immediate Unlock: 10%
- Remaining 90%: Unlocks 30% every 3 months.
- Public Sale Rounds 2 and 3:
- Tokens available immediately after purchase.
- Team (Mudarib):
- Vesting: 2 years with a 6-month cliff.
- Unlocks: 10% every 3 months after the cliff.
Use of Funds Raised
Allocation |
Percentage |
Amount (USDT) |
Platform Development |
35% |
$11,270,000 |
Marketing and Promotion |
25% |
$8,050,000 |
Operational Expenses |
15% |
$4,830,000 |
Reserve Fund |
10% |
$3,220,000 |
Liquidity Support |
10% |
$3,220,000 |
Legal Expenses |
5% |
$1,610,000 |
Total |
100% |
$32,200,000 |