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TEZOS $XTZ
Self-amending L1 with on-chain governance. 1B initial supply via 2017 ICO ($232M raised). Continual emission via 'baking' (Tezos's PoS) — no fixed cap.
Total supply
1.18B XTZ
fixed at launch
TGE circulating
0.0%
100.0% locked
Allocations
5
distinct line items
Launch
Jul 2018
Other
- 1ICO PARTICIPANTS51.25%12 MO CLIFF · 36 MO LIN
- 2EARLY BACKERS0.30%12 MO CLIFF · 36 MO LIN
- 3TEZOS FOUNDATION6.49%12 MO CLIFF · 36 MO LIN
- 4DYNAMIC LEDGER SOLUTIONS (TEAM)6.49%12 MO CLIFF · 36 MO LIN
- 5EMISSIONS (APPROXIMATION)35.47%12 MO CLIFF · 36 MO LIN
First major L1 to ship on-chain protocol upgrades via stakeholder votes — no hard forks, no political battles. Pioneered formal verification + Liquid Proof-of-Stake.
- SELF-AMENDING — PROTOCOL UPGRADES VOTED ON-CHAIN, NO FORKS.
- $232M ICO IN 2017 — ONE OF THE LARGEST OF THE ICO ERA.on-chain governance pioneer
- LIQUID PROOF-OF-STAKE: DELEGATE TO BAKERS WITHOUT TRANSFERRING.
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