Approx. 650M DOCK / 65% of total supply
Distributed among token holders. Dock tokens enable any individual or organization to participate in the network including issuing, validating, and voting via open governance.
*600M as shown on Coinmarketcap and is a measure of tokens being held by the general public.
Approx. 200M DOCK / 20% of total supply
Will comprise the Dock Association’s Treasury and will be used to fund the development, marketing and operations of the Dock network. Over time, decisions regarding spending the Treasury will shift from the Association’s Council to token holders via an open governance mechanism.
Approx. 150M / 15% of total supply
Will be mined over time as emission rewards on the Dock mainnet to reward validators for validating blocks and processing transactions. This release will be launched in 2 phases: Proof of Authority (PoA) where Dock's governing council will select validators based on performance, and Proof of Stake (PoS) where validators will be selected on the basis of their staked tokens.
Dock has officially completed the token migration as of March 31, 2021, which involved migrating all of the original ERC20 tokens to mainnet Dock tokens. More information about the migration is available here and any questions can be sent to email@example.com.