AVAIL
Token information
| Property | Details |
|---|---|
| Symbol | AVAIL |
| Decimals | 18 |
| Total Supply (at genesis) | 10,000,000,000 (10 billion) AVAIL |
| Circulating Supply (at genesis) | 16.775% of total supply |
| Inflation | 5% per annum |
AVAIL on Ethereum mainnet
When bridged from Avail DA to Ethereum mainnet, the user will receive minted Avail ERC20 tokens with the address
0xeeb4d8400aeefafc1b2953e0094134a887c76bd8 (opens in a new tab).
You can find more information about bridging AVAIL in our docs here.
AVAIL allocation
AVAIL's allocation was designed from the ground up keeping the community and long-term growth in mind.
Over 65% of the AVAIL token allocation will be dedicated to the community through the Unification Drop (6%), Public Allocation - Future Initiatives (6%), Ecosystem Development (30%), and Community & Research (23.875%) categories.
The exact percentages of the AVAIL token allocation are:
| Community And Research * | Unification Drop | Public Allocation (Future Initiatives)** | Ecosystem Development | Core Contributors | Investors | Total | |
|---|---|---|---|---|---|---|---|
| Token Allocation | 2,387,500,000 | 600,000,000 | 600,000,000 | 3,000,000,000 | 2,000,000,000 | 1,412,500,000 | 10,000,000,000 |
| % Of Total Supply | 23.875% | 6.00% | 6.00% | 30.00% | 20.00% | 14.125% | |
| TGE Release | 20% | 100% | 100% | 20% | 0% | 0% | |
| Vesting - Cliff | 12 | 0 | 0 | 12 | 12 | 12 | |
| Cliff Release | 0 | 0 | 0 | 0 | 25% | 25% | |
| Release Period (Months) | 36 | 0 | 0 | 36 | 36 | 18 |
PLEASE NOTE
* This amount will be distributed through the Avail foundation.
** Public Allocation (Future Initiatives) category is currently unlocked but not circulating. It will be used in future public initiatives and will be subject to governance approval facilitated by the Avail Foundation. It will become part of the circulating supply once allocated to the community in future public initiatives. This category wallet can be tracked for transparency at Public Allocation - Future Initiatives Wallet (opens in a new tab).
We believe this sets us up to build a community that enables every blockchain - whether L1, L2, app chain, or new constructs we haven’t yet seen - to keep scaling.
We will keep this page updated with the latest information.
AVAIL powers web3's unification layer
The Avail Unification Layer consists of Avail DA, Nexus and Fusion which together form a unification layer for web3 that addresses blockchain scalability, interoperability and security. AVAIL is a key part of the Avail Unification Layer used in Avail DA, Nexus and Fusion.
If you want to read about these in more detail, you can refer to our blog (opens in a new tab).
Staking with AVAIL
Anyone can stake AVAIL throughout Avail's infrastructure to earn staking rewards. We will release detailed staking guides along with our products as they are released.
For now you can refer to the Avail DA staking guide in our docs. If you want to read about staking on Avail in more detail, you can refer to our blog (opens in a new tab).
Governance with AVAIL
The AVAIL token will play a key role in governance throughout the Avail ecosystem. Avail will be adopting a phased approach to governance. More information will be published on this soon.