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Total Supply

1,000,000,000 (1 billion) $VRLA tokens. Fixed supply. No minting function. No inflation.
VRLA supply is minted once and sent to the Treasury, acting as a distribution address. Vesting is implemented by transferring allocations into OpenZeppelin VestingWallet contracts.Unvested tokens held inside VestingWallet do not participate in governance voting until released to the beneficiary.

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Allocation Breakdown

AllocationPercentageTokensPurpose
Community Airdrop30%300,000,000Varla Gems rewards for users
Team20%200,000,000Core contributors
Ecosystem / Growth15%150,000,000Grants, partnerships, incentives
Treasury / Foundation10%100,000,000Protocol development
Seed / Public Sale10%100,000,000Investor rounds
Insurance Fund10%100,000,000Bad debt coverage, protocol safety
Liquidity / Listings5%50,000,000DEX/CEX market making

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Community (Varla Gems) (30%)

MetricValue
Earning Period30 weeks
Conversion1 Gem = 1 $VRLA
Claim Window150 days
VestingPatience vesting (0→100% linear over 150 days)
Timing assumption (for circulating supply math): the 30-week Gems earning period ends at TGE, and the 150-day claim window opens at TGE. If these dates change, the circulation timeline below will be affected as well. Patience vesting: Claimable % scales linearly from 0% to 100% over 150 days. Early claimers receive less; patient claimers get full allocation. Unclaimed tokens go to the Treasury.

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Team (20%)

MetricValue
Cliff12 months
Vesting36 months linear (after cliff)
Total Lock48 months
Team tokens are fully locked for the first year. This ensures the team is aligned with long-term protocol success.

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Ecosystem / Growth (15%)

MetricValue
TGE Unlock10%
Vesting90% over 36 months
GovernanceFoundation-controlled, community-approved
Used for grants, partnerships, developer incentives, and ecosystem expansion.

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Treasury / Foundation (10%)

MetricValue
TGE Unlock0%
VestingUnlocked as needed via governance
PurposeProtocol development, audits, operations
Controlled by multisig with community oversight.

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Seed / Public Sale (10%)

MetricValue
Cliff6 months
Vesting18 months linear (after cliff)
Total Lock24 months

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Insurance Fund (10%)

MetricValue
TGE Unlock0%
AccessProtocol-controlled
PurposeBad debt coverage, emergency reserves
The Insurance Fund backs the protocol’s 10% reserve fee from borrower interest. In case of bad debt exceeding the USDC/USDT reserve, $VRLA from the Insurance Fund may be used.

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Liquidity / Listings (5%)

MetricValue
TGE Unlock100%
PurposeDEX pools, CEX listings, market making
Required for day-one trading liquidity.

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Circulating Supply at TGE

SourceUnlocked at TGE
Community (Varla Gems)Variable (patience vesting)
Ecosystem15,000,000 (10% of 150M)
Liquidity50,000,000 (100% of 50M)
Guaranteed Total65,000,000
Initial circulating supply: ~6.5% of total supply (guaranteed). Community tokens unlock gradually over the 150-day claim window based on when users claim. Early claimers receive less; patient claimers receive more.

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Token Release Schedule

This schedule separates deterministic unlocks (fixed vesting schedules) from variable / governance-controlled circulating supply (Community claims + Treasury/Insurance usage).

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Deterministic unlocks (fixed schedules)

Includes:
  • Liquidity / Listings (50M, 100% at TGE)
  • Ecosystem / Growth (15M at TGE + 135M linear over 36 months)
  • Seed / Public Sale (6-month cliff + 18-month linear)
  • Team (12-month cliff + 36-month linear)
Excludes (not on a fixed vesting schedule):
  • Community (Varla Gems) (patience vesting depends on user claim timing)
  • Treasury / Foundation (governance-controlled)
  • Insurance Fund (protocol-controlled)
MonthCumulative circulating from fixed schedules (approx.)
TGE65.0M (6.5%)
Month 583.8M (8.4%)
Month 12143.3M (14.3%)
Month 24321.7M (32.2%)
Month 36433.3M (43.3%)
Month 48500.0M (50.0%)

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Variable circulating supply

Community (Varla Gems): up to 300M tokens can enter circulation during the 150-day claim window, but the actual amount depends on:
  • when users claim (earlier claims receive a haircut), and
  • whether users claim at all (unclaimed tokens go to Treasury).
Treasury (100M) and Insurance (100M): no fixed unlock schedule. These allocations may enter circulation over time via governance decisions and protocol policy, and are therefore not included in the fixed schedule table.
Final vesting schedules may be adjusted before TGE based on market conditions and community feedback.