> For the complete documentation index, see [llms.txt](https://blobdao.gitbook.io/blob/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://blobdao.gitbook.io/blob/blob-protocol/technical/initial-token-distribution.md).

# Initial Token Distribution

Initial Token Distribution Plan for Blob Token

**1. Deployment to Mainnet:**

* The Blob token was initially deployed to the Ethereum mainnet to wallet [0x6bC42c45aE8108CeE5205E0Ec7757a3e3E88131E](https://etherscan.io/address/0x6bc42c45ae8108cee5205e0ec7757a3e3e88131e), with the contract address of [0xc771220f00659Ad5370c0ebbd70FAfb7308aF288](https://etherscan.io/address/0xc771220f00659Ad5370c0ebbd70FAfb7308aF288).

**2. Transfer to Multisig Wallet:**

* Upon deployment, the entire token supply was sent to a multi-signature (multisig) wallet with the address [0x6bC42c45aE8108CeE5205E0Ec7757a3e3E88131E](https://etherscan.io/address/0x6bc42c45ae8108cee5205e0ec7757a3e3e88131e).
* Upon deployment of additional ecosystem contracts such as the Feeding contract ownership was sent to the [multisig address](https://etherscan.io/address/0x6bc42c45ae8108cee5205e0ec7757a3e3e88131e). 
* The multisig wallet is controlled by the project team and requires a 2/3 approval from designated signers to execute any fund-related transactions.

**3. Vesting Structures:**

* All vesting structures related to the Blob token are implemented through Team.Finance, a reputable decentralized finance platform.

<table data-full-width="false"><thead><tr><th width="182">Category</th><th width="127">Total Supply</th><th>Tokens</th><th>Vested</th><th>Link</th></tr></thead><tbody><tr><td>Treasury</td><td>20%</td><td>2,000,000,000</td><td>Cliff/Linear</td><td></td></tr><tr><td>Team</td><td>7%</td><td>700,000,000</td><td>Cliff/Linear</td><td></td></tr><tr><td>Seed</td><td>15%</td><td>1,500,000,000</td><td>Cliff/Linear</td><td></td></tr><tr><td>Presale</td><td>35%</td><td>3,500,000,000</td><td>Cliff/Linear</td><td></td></tr><tr><td>Liquidity</td><td>21%</td><td>2,100,000,000</td><td>Locked</td><td></td></tr><tr><td>Airdrop/Contests</td><td>2%</td><td>200,000,000</td><td>Not Vested</td><td></td></tr></tbody></table>

Refer to the Tokenomics page for more information regarding our vesting schedules.

{% content-ref url="/pages/L31dXylfjeUCfADcnkEy" %}
[Tokenomics](/blob/blob-protocol/what-is-blob-dao/tokenomics.md)
{% endcontent-ref %}

**4. Security Measures:**

* Private keys associated with the multisig wallet are kept highly secure, and access is limited to trusted team members.
* Strong security practices, including hardware wallets and secure storage methods, are implemented to prevent unauthorized access to funds.

**5. Community Engagement:**

* The project team encourages community engagement and feedback regarding the token distribution plan.
* Community members are invited to review the plan, ask questions, and provide input to ensure a fair and decentralized distribution process. Blob is governed by its community members who make decisions through the voting process.&#x20;

By following this comprehensive plan, we aim to ensure the secure, transparent, and accountable distribution of Blob tokens, mitigating centralization risks and building trust within the community.