Ballast will owe its success to the thousands of community members that join its journey early. These early community members will naturally serve as responsible stewards of Ballast.
15% of BLT
150,000,000 BLTwill immediately be claimable by historical liquidity providers and users, based on a snapshot ending at a defined date.
4.91664% pro-rata to all historical main-net LPs
~49 million BLT will be claimable by historical liquidity providers. The formula accounts for LP liquidity on a per-second basis since the deployment of Ballast, ensuring that rewards are weighted towards LPs that provided liquidity when total liquidity was low.
7.08336% split evenly across all historical main-net user addresses
3% split evenly across all historical test-net user addresses