Initial Distribution

Distributed to	Token Amount	Percentage
Community Incentives	60.000.000	60 %
Team + Core Contributors (3 months cliff/2-year vest)	15.000.000	15 %
Ecosystem Airdrops (Velodrome-Thena-Mendi)	4.000.000	4 %
Sonne Team	12.000.000	12 %
LGE Participants	3.500.000	3.5 %
Initial Liquidity	2.500.000	2.5 %
Community Airdrops	3.000.000	3 %
Total	100.000.000	100 %

The aim of the token distribution is to ensure healthy engagement of the protocol. A healthy protocol would be one where there is a consistently high utilization rate of the available borrowing pools balanced by an increasing lending pool. SEF token holders can propose improvements and collectively decide on the optimum solution for the protocol. SEF tokens will be distributed in a targeted manner via Liquidity and Community Incentives to achieve a balance of high market utilization and a wide distribution of governance participants. This is subject to changes via governance as the protocol evolves and market conditions change.