Management Board (10 years limited)
Sale: ISPO quota shall be met by this category.
Management Board (10 years limited): The management board will be allocated 25% of the $KERB supply for 10 years. From 0-5 years of protocol launch the board members can sell a maximum of 10% of their token holding every year. From 5-10 year of protocol launch the board members will have to compulsorily liquidate all allocated holdings and shift control of the protocol to the DAO.
The management board initially has been given a supply percentage of 25% to ensure that the Kerb DAO has a centralization factor built into it in its intial stage. One of the core job of the team is to ensure the building of a well established DAO. After 10 years of protocol launch the team is to liquidate all holdings and conduct a complete power shift to the DAO.
Marketing/Partnership: Will be utilized for marketing and partnerships according to the following vesting schedule:
1.25% released quarterly
0.625% released quarterly
0.416% released quarterly
0.312% released quarterly
Misc: This category is established to provide tokens for any unaccounted need that the protocol is faced with. This could include bounties, paying for additional audits, etc.
Insurance: Will be used as seen fit to insure the protocol at all times.
$KERB is deflationary in supply. As mentioned in the 3. Deflationary in the About section. Which means that the $KERB token supply will decrease as trading occurs on Kerb Finance. But this will not effect the token release percentages because $KERB token deflation will effect and decrease the current circulating supply, it would not have any effect on locked/to be released tokens.