FUMA TOKENOMICS
Fushuma proposes a new approach to blockchain tokenomics with a particular focus on decentralization, fairness, and community-driven governance. Consequently, the FUMA Tokenomics framework ensures the equitable distribution of $FUMA tokens, designed to encourage an inclusive and empowered community while ensuring the project’s long-term resilience and success.
DECENTRALIZATION WITH EQUITY
The total supply of $FUMA tokens is set at 21 billion (21,000,000,000). To promote decentralization, 24% of $FUMA tokens are allocated to the Callisto Network community, and 6% are distributed through airdrops to the broader crypto community, ensuring that a third of the supply supports a diverse user base.
Moreover, 40% of the tokens are reserved for the Fushuma decentralized treasury. This secures resources for long-term development and allows the community to decide on funding allocations and project initiatives.
Additionally, 15% of the tokens are allocated to the founders and founding partners to align their interests with Fushuma’s growth. Another 15% is reserved for VCs, technology partners, and advisors, and 1% for an ICO to ensure initial liquidity and investor participation.
This distribution balances the engagement of industry stakeholders with the empowerment of the community, reflecting our commitment to transparency, fairness, and collective governance in Fushuma Tokenomics.
FUMA TOKEN DISTRIBUTION
MIGRATION TOKENS SPECIFICS
Ensuring a smooth transition for Callisto Network community members and their assets to Fushuma is paramount. Since autumn 2020, we have been the main developers of Callisto Network, attracting many community members and investors. Therefore, this migration is important , as it acknowledges the support and trust the community has placed in us over the years, and for this reason it is a crucial aspect of FUMA Tokenomics.
Therefore, to facilitate this process, we’ve designed a straightforward token migration plan as a part of the FUMA Tokenomics. From March 1, 2024, to September 1, 2024, CLO and CLOE holders will be able to migrate to Fushuma.
CLO MIGRATION
The migration ratio for CLO tokens is 1:1, meaning 1 CLO token will be exchanged for 1 Fushum token. This ensures a direct and equitable transition to the new blockchain, preserving the value of your investments.
CLOE TOKEN MIGRATION
CLOE holders can migrate their tokens at the ratio of 1:20, meaning 1 CLOE token will be exchanged for 20 Fushuma tokens. This migration ratio is designed to reward our early supporters, acknowledging the unique position of Callisto Enterprise within our ecosystem.
UNMIGRATED TOKENS
Any unclaimed tokens after the migration period will be redistributed to ensure that the entire community benefits from these unclaimed assets. Specifically, CLO and CLOE migrators are eligible to receive up to 100% of the amount they initially migrated. The On-Chain Treasury, ICO investors, and Airdrop participants will also benefit from this redistribution.
CLIFF & VESTING PERIODS
Migrators will have cliff and vesting periods based on their migration date, which also affects the redistribution of unclaimed FUMA. Please refer to the table below for detailed information.
Cliff Period (Months) |
Vesting Period (Months) |
Share of Non-claimed Tokens | |
---|---|---|---|
Migration Phase 1 Until 1st April 2024 – 23:59 UTC |
1 | 6 | 60% |
Migration Phase 2 2nd April – 30 April 2024 – 23:59 UTC |
3 | 12 | 25% |
Migration Phase 3 1st May – 30 June 2024 – 23:59 UTC |
6 | 15 | 10% |
Migration Phase 4 1st July – 1st Sept. 2024 – 23:59 UTC |
6 | 18 | 5% |