The VINE Token

The VINE token is the native governance and utility token of Vine Money, playing a pivotal role in the ecosystem. This section outlines the key aspects of the VINE token, including its earning methods, utility, token supply and allocation, and the incentive distribution schedule, drawing inspiration from similar, proven tokenomics in comparable DeFi protocols.

Earning VINE

• Minting vUSD: Minting and maintaining a vUSD debt position entitles users to a share of VINE rewards, dependent on meeting minimum dLP thresholds.

• Providing Liquidity: Providing liquidity to the VINE/ROSE LP is required to meet dLP thresholds to be eligible for extra rewards, but also entitles users to additional VINE rewards.

• Depositing to the Stability Pool: Users are also incentivized to contribute vUSD to the Stability Pool to earn additional VINE as rewards

Utility of VINE

• Incentive Multiplier: VINE can be staked and locked for up to 52 weeks to accrue lock weight that increases the rewards earned in other parts of the protocol.

• Revenue Share: Staking and locking VINE tokens also entitles users to a share of protocol revenue generated from protocol fees.

• Governance: Locked VINE token stakers can participate in DAO governance, enabling them to propose and vote on protocol changes.

Token Supply and Allocation

• VINE Token Supply: There are a total maximum supply of 100,000,000 VINE tokens with distribution starting from the Token Generation Event (TGE).

• Whitelist Sale: The protocol is raising $500,000 for 5% of VINE supply (at a price of $0.10 per token), with a launch circulating market-cap of $500,000 and FDV of $10,000,000.

• Use of Funds: 35% ($150,000) will be utilized for the initial VINE/ROSE LP, 45% ($250,000) utilized for tier 1 audits, and 20% ($100,000) for marketing and business development.

Allocation	% (VINE)	Release
Reward Emissions	55% (55,000,000)	No cliff, with 36+ months dynamic vesting.
Core Contributors	15% (15,000,000)	3 month cliff, with 24 month linear vesting.
Ecosystem Incentives	10% (10,000,000)	No cliff, with 24 month linear vesting.
Treasury	8% (8,000,000)	No cliff, with 24 month linear vesting.
Advisors	5% (5,000,000)	3 month cliff, with 12 month linear vesting.
Whitelist Sale	5% (5,000,000)	60% at TGE, followed by 6 months linear vesting.
LP Reserve	2% (2,000,000)	100% at TGE for, seeding the initial VINE LP.

Incentive Distribution Schedule

• Initial High Emission Period: The early phase includes higher emissions to bootstrap the protocol and attract initial users.

• Gradual Reduction in Emissions: Over time, the emission rate gradually decreases as the focus shifts from emissions to utility and adoption, ensuring that the protocol is sustainable.

• Maximum Emissions: These are the maximum emissions in the event that all users max lock their VINE. Any weekly surplus is returned to the pool for future distribution, ensuring sustainability.

Weeks From TGE	Weekly Emissions Rate
Weeks 1 to 4	1.40%
Weeks 5 to 12	1.20%
Weeks 13 to 26	1.00%
Weeks 27 to 52	0.80%
Weeks 53 to 104	0.60%
Weeks 105 to 156+	0.40%