How App Tokens Work
Each Elata app receives its own ERC-20 token with a fixed supply of 10,000,000 tokens. The token is created during Phase B of the launch process.Distribution
| Destination | Share | Amount | Purpose |
|---|---|---|---|
| Bonding curve | 50% | 5,000,000 | Liquidity for price discovery |
| Team vesting wallet | 25% | 2,500,000 | Team incentives, vests linearly |
| Ecosystem vault | 25% | 2,500,000 | Community incentives, controlled by Safe |
Design Purposes
App tokens serve three main functions:- Bootstrap distribution: the bonding curve makes tokens available to early supporters at a price that rises with demand
- App incentives: builders use tokens for tournaments, items, staking, and community rewards
- Fee routing: trading fees and transfer taxes flow through FeeRouter to the treasury and contributor split
Transfer Tax
App tokens support an optional transfer tax of up to 2% (protocol-wide cap). The tax applies only when:- Neither the sender nor the receiver is tax-exempt
- The transfer touches an allowlisted liquidity pool (LP-keyed)
Token Lifecycle
- Phase B deployment: 10M tokens minted, distributed 50/25/25
- Bonding curve active: tokens tradeable on the curve
- Graduation: remaining curve tokens and ELTA pair on a DEX, LP locked for 730 days
- Post-graduation: tokens trade freely on the DEX with fee routing active
- Burns: item purchases burn tokens, reducing supply over time
Next
Bonding Curve Basics
Price discovery mechanics
Fee Flow for Apps
How fees are routed
Items and Unlocks
Token burn through items