# ARES Tokenomics v2.1

This document is the canonical public token policy reference for ARES Protocol.

## 1. Executive Summary
- Token: `$ARES`
- Network target: Base mainnet after audit, governance, and launch-gate closure
- Total supply target model: `1,000,000,000 ARES`
- TGE circulating target: `80,000,000 ARES` (`8%`)
- Seed TGE unlock target: `0`

Public scope note:
- this document describes protocol token policy and launch architecture
- private fundraising terms are intentionally kept out of the public surface
- arithmetic support artifacts are maintained internally

## 2. Core Principle: Fixed Supply + One-Time Mint Architecture
- Economic model assumes fixed supply at `1B ARES`
- Mainnet architecture target is one-time mint to vault/distribution contracts, then minter revoke
- This document does not claim currently deployed mainnet token finality

## 3. Final Allocation Table
| Category | % | Tokens |
|---|---:|---:|
| Protocol Treasury | 22% | 220,000,000 |
| Ecosystem & Developer Grants | 20% | 200,000,000 |
| Community & Airdrop | 18% | 180,000,000 |
| Team | 18% | 180,000,000 |
| Staking Rewards Pool | 8% | 80,000,000 |
| Early Investors (Seed) | 8% | 80,000,000 |
| Liquidity Reserve | 4% | 40,000,000 |
| Advisors | 2% | 20,000,000 |
| **Total** | **100%** | **1,000,000,000** |

## 4. Vesting Schedule by Category
- Protocol Treasury: governance-controlled emissions
- Ecosystem & Developer Grants: staged activation and emissions
- Community & Airdrop: phased merit-weighted distribution
- Team: 1-year cliff + 4-year linear vesting
- Staking Rewards Pool: staged rewards emissions
- Early Investors (Seed): cliff + linear vesting target model
- Liquidity Reserve: TGE tranche + staged vesting
- Advisors: 1-year cliff + 2-year linear vesting

## 5. Revenue Distribution
Protocol revenue target split:
- Buyback + Burn: `25%`
- Treasury: `40%`
- Staker APY Pool: `35%`

See: [`docs/buyback-burn-policy.md`](/Users/busecimen/Downloads/AresProtocol/docs/buyback-burn-policy.md)

## 6. Agent Staking Model
| Agent Tier | Minimum Stake (ARES) | Unstake Delay | Default Slash |
|---|---:|---:|---:|
| PROVISIONAL | 100 | 30 days | 10% |
| ESTABLISHED | 500 | 60 days | 20% |
| TRUSTED | 2,000 | 90 days | 30% |
| ELITE | 10,000 | 180 days | 50% |

Slash distribution default:
- `50%` to successful challenger(s)
- `50%` burn/treasury route (governance-set)

## 7. Anti-Dump Policy Boundary
ARES anti-dump policy is positioned as legal/contractual policy and vesting mechanics, not generalized transfer hooks.

Mandatory phrasing:
- **contractual obligations, not on-chain transfer restrictions.**

See: [`docs/anti-dump-policy.md`](/Users/busecimen/Downloads/AresProtocol/docs/anti-dump-policy.md)

## 8. TGE Parameters
- Total supply model: `1,000,000,000`
- TGE circulating target: `80,000,000`
- TGE immediate unlock policy for the seed tranche: `0`

Planned TGE composition (`80M` target):
- Ecosystem activation: `40M`
- Community phase-1 instant: `12M`
- Staking early float: `16M`
- Liquidity instant tranche: `12M`

See: [`docs/tge-parameters.md`](/Users/busecimen/Downloads/AresProtocol/docs/tge-parameters.md)

## 9. Staking APY Model
APY policy expression:

`APY = (monthlyProtocolRevenue * 0.35 * 12) / totalStakedARES`

Risk and disclosure:
- illustrative, revenue-dependent, non-guaranteed
- not a fixed-return promise
- governance can update payout policy ranges

## 10. Community Airdrop Criteria
Phase-based framework with AgentID/accountability constraints:
- AgentID-based eligibility and activity proofs
- staking/activity thresholds
- merit-weighted participation scoring
- one-agent-one-claim semantics in claim logic design

See full criteria: [`docs/airdrop-criteria.md`](/Users/busecimen/Downloads/AresProtocol/docs/airdrop-criteria.md)

## 11. Partner Allocation Policy
Partner allocation is performance-bound, not unconditional.
- Reserved capacity can be staged by integration quality and delivered activity
- Unused or underperforming allocations can return to community/ecosystem pools by governance policy

## 12. Waitlist to TGE Tier Pipeline
Current product-tier intent mapping:
- `tier1`: form completion, standard access review
- `tier2`: testnet agent + activity proof, priority review
- `tier3`: partner integration path, strategic review

Important:
- this is a product policy pipeline
- this sprint stores metadata in the waitlist API
- no on-chain enforce in this sprint

## 13. Progressive Decentralization
Governance maturity path is tracked in:
- [`docs/governance.md`](/Users/busecimen/Downloads/AresProtocol/docs/governance.md)

## 14. Open Items
- final mainnet token/TGE execution proof set remains gated
- exact mainnet parameters remain governance and launch-discipline dependent