TUR Tokenomics
One billion TUR will be minted and distributed over a 3-year supply curve
Symbol
TUR
Initial Total Supply
1 Billion
Supply at Genesis
4.8%
Inflation
5%
Long-term Supply
Deflationary
Burn Mechanism
Gas & Fee Instant Burning
Check out our tokenomics
Powering Kusama Crowdloan
A portion of initial TUR tokens will be issued to incentivize supporters for contributing to Turing’s crowdloan campaign
Vesting
70% of your initial TUR from the Parachain Auction will vest over a period of time.
16% for Crowdloan
16% of the total supply will be issued as rewards to supporters of the Parachain Auction.
TUR Reward
Supporters will receive TUR for every KSM contributed based on participation levels.
30% / 70% Schedule
30% of your initial TUR from the Parachain Auction will be unlocked, liquid, and usable within Turing Network’s ecosystem. 70% will vest over 48 weeks.
5% referee & 5% referral
Referral code recipients will receive 10% additional TUR to split between referrer and extension.
CALL TO ACTION
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Learn about Turing Network
Meet our team
Given our founding team's diverse backgrounds, we believe in everyone's perspectives being included as we build a decentralized future.
Chris Li
Co-founder & CEO
Irsal McGinnis
Co-founder & CTO
David Finkelstein
Head of Growth
Ryan Huttman
Lead Software Engineer
Laura Reesby
Software Engineer
Justin Zhou
Software Engineer
Sean McGinnis
Product Manager
Nikhil Vengal
Software Engineer
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