> ## Documentation Index
> Fetch the complete documentation index at: https://garden-e60e7dd0-chore-update-preview.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# Tokenomics

> SEED is the utility token of Garden, designed to facilitate participation in the Garden protocol

The SEED token launched on [January 18th, 2024](https://etherscan.io/tx/0x02446e6d65cef97f2a172382179c035bf5cd5738dfc1ba3c01c7f8a8439ec00d). It empowers holders to actively shape the Garden ecosystem:

<CardGroup>
  <Card title="Staking" icon="seedling" href="/home/fundamentals/introduction/stakers">
    Stake SEED to participate in protocol governance and earn revenue.
  </Card>

  <Card title="Solving" icon="magnifying-glass" href="/home/fundamentals/introduction/solvers">
    Holding 210,000 SEED tokens grants eligibility to become a solver.
  </Card>

  <Card title="Governance" icon="check-to-slot" href="/home/governance">
    Participate in protocol decision-making, or have a say in selecting community incentive programs and treasury allocation.
  </Card>

  <Card title="Gardener Pass" icon="card-spade" href="/home/governance/gardener-pass">
    Burn 21,000 SEED to mint a Gardener Pass, unlocking early access to new features, exclusive contests, and other benefits.
  </Card>
</CardGroup>

## Allocation and emission

<Frame>
  <img src="https://mintlify.s3.us-west-1.amazonaws.com/garden-e60e7dd0-chore-update-preview/images/token_allocations.png" alt="SEED Token Allocation" />
</Frame>

**Total Supply**: 147,000,000 SEED

* **Community incentives**: 54.4% (80,000,000 SEED) allocated for community growth and engagement through various programs.
* **Liquidity**: 5.5% (8,000,000 SEED) to support liquidity.
* **Partnerships and grants**: 5.5% (8,000,000 SEED) reserved for both tech and non-tech community grants and to establish strategic partnerships.
* **Team**: 15% (22,000,000 SEED) allocated to the Garden team, subject to a 24-month cliff from TGE and subsequent streaming.
* **Investors**: 19.6% (29,000,000 SEED) allocated to early backers, subject to a 24-month cliff from TGE and subsequent streaming.

## Contract addresses

| Chain    | Address                                                                                                                 |
| -------- | ----------------------------------------------------------------------------------------------------------------------- |
| Ethereum | [`0x5eed99d066a8CaF10f3E4327c1b3D8b673485eED`](https://etherscan.io/address/0x5eed99d066a8CaF10f3E4327c1b3D8b673485eED) |
| Arbitrum | [`0x86f65121804D2Cdbef79F9f072D4e0c2eEbABC08`](https://arbiscan.io/address/0x86f65121804D2Cdbef79F9f072D4e0c2eEbABC08)  |

## Emission schedule

Last updated: January 21, 2025

### Community incentives

The community incentives allocation accounts for **96 million SEED**, designed to drive ecosystem growth through grants, campaigns, and other initiatives.

* **Distributed to date:** 12.44 million SEED (12.96%), of which 3.78 million SEED have been permanently staked.
* **Remaining funds:** Controlled by the DAO, which determines their use through the governance process.

### Team and investor incentives

The team and investor incentives allocation account for **51 million SEED**. Both investors and the team have a **24-month cliff** starting from TGE (January 18, 2024). Post-cliff, SEED tokens are streamed over a multi-year schedule as outlined below. This predictable and fair distribution model aligns with the protocol's long-term goals.

* **Investor incentives** are streamed over a 24-month period following the cliff.
* **Team incentives** are streamed over a 30-month period following the cliff.

<Frame>
  <img src="https://mintlify.s3.us-west-1.amazonaws.com/garden-e60e7dd0-chore-update-preview/images/emission.png" alt="SEED Emission Schedule" />
</Frame>

| Category  | TGE | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total |
| --------- | --- | ------ | ------ | ------ | ------ | ------ | ----- |
| Investors | 0   | 0      | 0      | 14.5 M | 14.5 M | 0      | 29 M  |
| Team      | 0   | 0      | 0      | 8.8 M  | 8.8 M  | 4.4 M  | 22 M  |

<Note>
  The SEED allocation for community incentives is dynamic, with the DAO determining its distribution to ensure alignment with community needs. Transparent tokenomics and governance-driven decisions will remain central as Garden evolves.
</Note>
