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Tokenomics

This document is currently subject to public review before being finalized. If you notice a revision that needs to be made or have feedback, please request a revision or start a conversation with us on Discord at https://discord.gg/connext.

NEXT Allocations

The high-level allocations of NEXT are as follows:
Category
% of total supply
Number of NEXT
Community
50.94%
509,428,750
Early Backers
22.43%
224,338,119
Ecosystem & Strategic Backers
11.24%
112,352,000
Early Team & Advisors
11.61%
116,097,420
Proxima Labs
3.78%
37,783,010
The Community category can be further subdivided into:
Category
% of total supply
Number of NEXT
DAO
29.44%
294,350,509
Connext Foundation
10.94%
109,446,745
Airdrop
10.56%
105,631,496.18
After carefully reviewing feedback, we found that certain categories of transactions were not being counted towards the airdrop as we originally intended. To provide the best possible outcome, we adjusted the eligibility criteria on August 24, 2023.

Supply Schedule

Allocations of NEXT to the following categories of recipients are subject to a lockup period.
  • Early Backers
  • Ecosystem & Strategic Backers
  • Early Team & Advisors
  • 50% of tokens allocated to Routers and Community Advocates as part of the Airdrop (2.15% of the total supply)
The lockup period consists of a 1-year lockup followed by a linear release. In other words, 1/13 of the tokens will be released on September 5th, 2024, and the remaining tokens will unlock in equal monthly 1/13 allotments until all tokens are fully unlocked (24 months after the NEXT Airdrop).