Aviator Tokenomics
Tokenomics is the economic model of a cryptocurrency—it describes how a token's supply is created, distributed, and used. The tokenomics of Aviator token (AVI) contains the following:
- Total Supply
- Circulating Supply
- Treasury Wallet (and other official wallets)
- Team Distributions
- Burn Events
Aviator Contract Addresses
| Network | Address |
|---|---|
| Ethereum | 0xd2bdaaf2b9cc6981fd273dcb7c04023bfbe0a7fe |
| Base | 0x3203856eac03d343f9d5245ba2f39861838a7b36 |
Total Supply
The Aviator token’s total supply is 10,000,000,000 AVI, which has been allocated as follows:
- 60% -- Initial Circulating Supply
- 35% -- Treasury Wallet)
- 5% -- Team Distributions, unlocking 1% every 2 months fully distributed
- 35% -- Treasury Wallet)
- 5% -- Team Distributions, unlocking 1% every 2 months fully distributed
To explain thoroughly, we'll explain each tranche (or portion) of the initial token distribution from start to finish in detail, starting with the circulating supply.
Circulating Supply
The initial circulating supply was provided to Uniswap, which currently holds the primary DEX pair for AVI (AVI/ETH).
The liquidity held in the trading pool is locked by UNCX for one year and is re-locked every year.
Our first UNCX lock expiry occurred on 13 July, 2024. Following this lock-up period, the liquidity was migrated from Uniswap V2 to Uniswap V3, which was relocked for another year. You can review this migration and re-lock event by looking at this transaction.
| Network | Lock |
|---|---|
| Ethereum | UNCX V3 Locker |
| Base | UNCX V2 Locker |
Project Wallets
| Network | Lock |
|---|---|
| Ethereum | UNCX V3 Locker |
| Base | UNCX V2 Locker |
Project Wallets
For a more complete understanding, all of the official project wallets (including the Treasury Wallet) are explained in further detail on each of their respective pages:
- Treasury Wallet
- Marketing Wallet
- Operations Wallet
- Treasury Wallet
- Marketing Wallet
- Operations Wallet
Team Distributions
Team distributions were reserved for rewarding the team that works on Aviator, and the tokens were distributed every 2 months, on the 13th of each month.
As of 13 May, 2024, Aviator team distributions have concluded, and there are no longer any outstanding team distribution events.
Below is the table of team distributions that took place:
| No. | Date | Quantity |
|---|---|---|
| 1 | 13 September 2023 | 99,650,000 |
| 2 | 13 November 2023 | 99,650,000 |
| 3 | 13 January 2024 | 99,650,000 |
| 4 | 13 March 2024 | 99,650,000 |
| 5 | 13 May 2024 | 99,650,000 |
There is a total unlocking fee of 1.75m AVI for these distributions, and they were deducted from each distribution equally. The last team distribution took place on 13 May 2024.
Token Burn Mechanisms and Events
The $AVI token also has multiple burn mechanisms:
Token burns are a mechanism in which tokens are irretrievably destroyed, which reduces the total supply of tokens, thus increasing the price of the remaining circulating supply of tokens.
- Every time a player plays a game hosted on the Aviator Arcade
- Total market cap valuations (in USD) milestones being met ("Milestone Burn Events"), which may trigger token burn events
- We are currently exploring burns based on SkyBridge usage and liquidity provisions
- We are currently exploring burns based on SkyBridge usage and liquidity provisions
For more information on Arcade burns, check the Arcade Overview page. For more information on Arcade burns, check the Arcade Overview page.
Milestone Burn Events
The Milestone Burn Events are a set of 5 pre-determined burn events with the potential for more at the community's discretion. The below table shows the progress of the burn events:
| No. | Market Cap | Quantity | Outcome |
|---|---|---|---|
| 1 | $10,000 | 3% -- 300m AVI | Burned |
| 2 | $100,000 | 2% -- 200m AVI | Burned |
| 3 | $1,000,000 | 2% -- 200m AVI | Burned |
| 4 | $10,000,000 | 2% -- 200m AVI | Partially Burned by Burn Redirect DAO Vote |
| 5 | $100,000,000 | 1.5% -- 150m AVI | Incomplete -- have not reached $100m MC |
The DAO had a series of votes that decided proportional distribution of the tokens intended for burning. The final vote percentage in favor of burning was 3.43%, or 6.86m AVI of the total 200m AVI for burning.
The below table contains all of the DAO votes relating to the burns and burn redirects, starting from the earliest vote to the latest vote:
| No. | Date Started | Date Ended | Proposal |
|---|---|---|---|
| 1 | 10 August 2023 | 12 August 2023 | Community Burn Redirect Option |
| 2 | 14 August 2023 | 16 August 2023 | Burn Redirect Voting Method |
| 3 | 18 August 2023 | 20 August 2023 | Burn Redirect - Final Vote |
| 4 | 23 May 2024 | 30 May 2024 | Aviator Burn Redirect ... Redirected! Coinbase Smart Wallet Integration |