Supply & Distribution

Our governance token, $ELTA, will be launched as an ERC-20 token on Base & with plans to bridge to Ethereum & Solana to leverage the combined value of the 3 ecosystems and ensure seamless integration within the blockchain landscape.

Elata has chosen to forgo a strict token supply cap due to several key benefits:

• Community Rewards: We can dynamically allocate $ELTA tokens to reward community contributions, incentivize participation, and foster a thriving and engaged ecosystem.

• Growth: An uncapped supply allows Elata to adapt to unforeseen growth opportunities, attract top talent, and fund innovative projects that drive the ecosystem forward.

• Flexibility in a Dynamic Market: An uncapped supply provides the flexibility to navigate evolving market conditions, respond to unforeseen challenges, and ensure the long-term sustainability and success of the project.

Any potential future adjustments to the token supply will require a thorough discussion within the community and a majority vote to ensure alignment of all stakeholders.

The total supply of $ELTA tokens at launch is 77 million & the full token distribution is outlined below:

Community Sale

22.5% of the total tokens, or 17,325,000 tokens, will be sold to the Elata community. This aligns with our mission of community ownership and lets community members actively participate in our mission. Participants will receive up to a 10% discount on the launch price, acknowledging their early support.

By purchasing $ELTA, community members can elect to vote on important governance decisions and shape the future of Elata.

Public Presale

The presale allocation is about 7.5% of our token supply, amounting to 5,775,000 tokens, which are reserved for those who have shown an early commitment to the mission. Early adopters not only contribute financially, but also demonstrate their belief in the long-term vision of Elata. Their early support, indicative of their willingness to take on initial risk, is rewarded with a 50% discount on the launch price, for their pivotal role in setting the foundation for Elata.

Community Benefits

16% of the total token supply, which equates to 12,320,000 tokens, will be allocated for community benefits such as airdrops, grants, bounties, contests, giveaways, events, & more. Our strategy is designed to reward supporters, engage our community, and distribute our tokens in a way that supports our vision of making Elata as community-owned as possible.

Liquidity Pool

10% is allocated for the liquidity pool, or 7,700,000 token allocation, ensuring robust market liquidity from the outset, facilitating smoother trading, and reducing the risk of price manipulation. This substantial initial liquidity not only supports a healthy token environment but also shows our commitment to providing a stable and accessible token, which is crucial for attracting both short and long-term supporters, thereby fostering trust and encouraging broader adoption of our token.

Contributors

Receive 15% of the tokens, or 11,550,000 tokens. This includes individuals who have contributed to the project's development or success before our public launch. These early contributors have played a pivotal role in our journey on a full-time, part-time, or advisor basis and have laid the foundation for Elata’s success.

Treasury

We've strategically allocated 29% to the Treasury. This substantial reserve, amounting to 22,330,000 tokens, will be utilized to fuel Elata Biosciences's ongoing community rewards, operations, funding research projects, and supporting initiatives that drive our mission forward. By prioritizing a strong financial foundation, we're ensuring that Elata has the resources necessary to achieve long-term success and make a meaningful impact on the field of psychiatry.