The Vellos Token Utility & Rewards

The Vellos Token

Vellos Access

Access to the Vellos platform will be open for all, regardless of whether you own the $VELLOS utility token.

Holders of $VELLOS will be able to stake their tokens in return for token rewards as well as a host of other benefits.

Holding and staking larger amounts of $VELLOS will allow users to access exclusive benefits, which are awarded on a sliding scale proportionate to the amount of tokens staked. Quarterly burns will be utilized to ensure a deflationary effect on the token.

Vellos plans to continue to develop token holder perks and benefits.

General Benefits

The below benefits apply to all users who are staking $VELLOS:

  • Emissions based on platform trading volume

  • Partner token airdrops

Benefits for Sellers

The below benefits apply to sellers who list their tokens with us and are staking $VELLOS:

  • Revenue sharing on NFT re-sales, if the seller is a project

  • Reduced commission on sales

  • Access to the ability to perform private raises

  • Promotion of the seller-initiated sale

Benefits for Minters of NFTs

The below benefits apply to buyers who participate in the initial sales offered and are staking $VELLOS:

  • Reduced commission fees upon mint

  • Emissions based on platform trading volume

  • Early access to sales

  • Access to purchase more than one NFT per sale

  • Access to top tier sales

  • Partner token airdrops

Benefits for NFT Re-Sellers

The below benefits apply to buyers who are looking to sell the NFT they minted during an initial sale and are staking $VELLOS:

  • Reduced commission fee on NFT sale

  • Emissions based on platform trading volume

  • Partner token airdrops

  • Access to make offers

  • Access to P2P trading

User Compliance and Restrictions

The Vellos token, while designed to promote an open and inclusive blockchain ecosystem, must adhere to specific legal and regulatory guidelines. To ensure compliance, access to the Vellos platform and token is currently prohibited for users from the United States, as well as any countries sanctioned by the Office of Foreign Assets Control (OFAC). These measures are implemented to maintain a secure and responsible environment within the Vellos DAO ecosystem, all while reflecting the core values of inclusivity and innovation that drive the blockchain industry.

Token Distribution Strategy

  • Total Supply: 1,000,000,000 $VELLOS

  • Pre Seed: 2%

  • Seed: 10%

  • Private Round: 5%

  • Public Round: 3%

  • Team: 17%

  • Reserve: 14%

  • Community Incentives: 10%

  • Development Fund: 10%

  • Listing Fees: 5%

  • Advisors: 3%

  • Marketing Partners: 8%

  • Exchange Liquidity/TGE: 11%

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