APRIL governance token is the primary use case and method for holders to guide the direction of April. The governance aspect is critical in enabling April to grow and prosper over the years to come. We are building April for long term success and we hope the community as a whole will make effective decisions that maximize that possibility. The APRIL governance token allows each holder to play their part in facilitating the process of effective decision making via voting.

Token Distribution Breakdown:

The total APRIL token supply base is 125,000,000. Token distribution is as follows.

Token Model

Number of token

Marketing Fund (Long-term)

26%

32,250,000

Development Fund (Long term)

20%

25,000,000

Ecosystem Development (Reap)

10%

12,500,000

Ecosystem Rewards

10%

12,500,000

Liquidity Mining Program

10%

12,750,000

Airdrops & Promotions (Short-term)

11%

13,500,000

ILO/IDO

8,000,000

Lock Liquidity Pool Tokens

6,500,000

Seedswap

2,000,000

Long-term Token Lock & Release Schedule:

To maintain strong tokenomics and not flood the market with unnecessary supply we shall implement a multi-year token locking schedule.

Number of tokens

Token release schedule

25,000,000

April, 2021 (20% circulating supply)

18,500,000

October, 2021 (3.5 million airdrop allocation to be burned and equals 2.8% of total token supply)

15,000,000

April, 2022

15,000,000

October, 2022

17,000,000

April, 2023

17,000,000

October, 2023

17,500,000

April, 2024

We have used Wault Finance as our long-term token locker, please see the below links for further details.

Wault Finance: https://wault.finance & https://locker.wault.finance/

Wault Token Locker: https://bscscan.com/address/0xff45135267bb266f93eb55b1215353b7f6efa94e

Lock transaction for 18,500,000 APRIL https://bscscan.com/tx/0x42ae7826729273152064aa95e8645b695bfb80d6a4e15122b304f8f1cabfaa3b

Lock transaction for 15,000,000 APRIL https://bscscan.com/tx/0xe8faaeb6cabc987b5283994c2ae0bfea8b7d63ba5591d904b605069698f2c684

Lock transaction for 15,000,000 APRIL https://bscscan.com/tx/0x1d26360f44f3d22da0190716877a672c866122c2cf31ec6876e8a1bca9e77618

Lock transaction for 17,000,000 APRIL https://bscscan.com/tx/0x35c29809540eada9538530ba688d447f1e8db248f168994085a1b6c754c2345e

Lock transaction for 17,000,000 APRIL https://bscscan.com/tx/0xcbe6587d2838e00eb10c6d6b9d42d0bbe26b522198245d9a745573e5a5867e4e

Lock transaction for 17,500,000 APRIL https://bscscan.com/tx/0x191c467a9b0ec76a2c1b9a81e18bcbe4f03bbc324b16315e624a32a5f52d1ea9

APRIL Token Buy & Burn Mechanism:

All revenues generated minus expenses will be used to buy APRIL tokens from the market. Any APRIL tokens bought from the market will be burned to reduce the circulating supply base and contribute to the appreciation of token value. APRIL token is not a security nor does it provide dividends, profit sharing or any other monetary entitlements.

Marketing & Development Fund:

We hold marketing & development efforts in high regard so that is why we have set aside large portions of the token base for these efforts over the next coming years. 26% will be allocated for our marketing efforts which will be a priority for making April a leading project in this space. 20% will go towards development work of the project which will be lean, impactful and innovative so that we can maintain our competitive edge.

Early Members SeedSwap & ILO:

Centralized Seedswap via BNB <> APRIL direct token swap.

Seedswap was completed on April 15th 2021 with 44.85 BNB being swapped for APRIL tokens.

Decentralized ILO/IDO, we will be offering 6% or 8,000,000 tokens.

Our IDO is completed. It was done on Unicrypt Launchpad with 445 BNB being swapped within 3 minutes for April tokens. The market on Pancakeswap was initiated upon completion of the IDO.

Liquidity Mining Program:

Farming of APRIL tokens is now closed and will be rolled into our REAP in app staking programs.

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Last updated 7 months ago

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