GLEMO - Token Wallet / Controlled Float Policy
Purpose: define wallet governance and controlled float rules before TGE so investors can understand who controls tokens, when tokens unlock, and how hidden sell pressure is prevented.
Current Launch Assumptions
- Total supply: 1,000,000,000 GO
- Initial FDV target: US$40-60M, with US$50M model midpoint
- Token price at US$50M FDV: US$0.05
- Initial DEX liquidity: US$650k stable + 13M GO
- Initial pool size: US$1.3M
- Liquid TGE float: 131.75M GO
- Liquid TGE market cap: US$6.59M
Tokenomics Coherence Notes
The token model separates three concepts that should not be mixed in investor conversations:
- Token FDV is not company equity valuation. The US$40-60M token FDV range is a market-conditional ecosystem launch target; the equity round uses a separate US$10-12M cap and seed valuation milestones.
- Controlled float is operationally accessible but not freely sellable. The 101,666,667 GO controlled-float bucket is reserved for MM/CEX operations, strategic programs, treasury operations, and reporting-controlled uses; it is not a discretionary sell bucket.
- Community rewards are claim-based and milestone-based. The 275M GO rewards allocation is not an automatic monthly emission schedule and should not be described as guaranteed user withdrawals.
Wallet Buckets
| Wallet / Bucket | Amount GO | Purpose | Release Rule | Approval | Reporting |
|---|---|---|---|---|---|
| DEX Liquidity Wallet | 13,000,000 | Initial DEX pool | Deployed at TGE with US$650k stable | Treasury + management | Pool address and LP report |
| Airdrop Claim Wallet | 25,000,000 | TGE community airdrop | 35% TGE, 35% month 3, 30% month 6 | Campaign rules + anti-sybil | Claim/vesting dashboard |
| Community Rewards Wallet | 275,000,000 | Rewards, campaigns, grants, retention | Claim-based; not automatic emission | Growth + treasury | Monthly rewards report |
| Controlled Float / Treasury Wallet | 101,666,667 | MM/CEX ops, strategic partners, treasury programs | No user withdrawal; no discretionary sale in first 6 months unless approved | 2-signature approval; investor observer recommended | Monthly wallet movement report |
| Long-Term Treasury Reserve | 85,333,333 | Reserve inside the 187M treasury allocation | Locked beyond initial 24M model unless governance approves otherwise | 2-signature approval; investor observer recommended | Monthly wallet movement report |
| Marketing + Partnerships Wallet | 100,000,000 | Partner campaigns and GTM | Milestone/campaign-based | CEO + growth; enhanced approval above threshold | Campaign report |
| Team Wallet | 200,000,000 | Team allocation | 4-year vest, 1-year cliff | Vesting contract | Vesting dashboard |
| Investor Wallet | 200,000,000 | Investor token warrant allocation | 2-year lock, then 12-month linear | Contract + vesting | Investor allocation report |
Wallet buckets reconcile to the full 1,000,000,000 GO supply. The 101,666,667 GO controlled-float line is the TGE-accessible portion of the 187,000,000 GO treasury allocation; the remaining 85,333,333 GO is long-term reserve.
Control Rules
- No hidden treasury sales.
- No uncontrolled controlled-float transfers.
- No user-withdrawable treasury float without documented purpose.
- No discretionary treasury sale in first 6 months unless emergency approval is granted.
- Core wallets should be internally labeled before TGE.
- Public wallet category disclosure should be considered before launch.
- Monthly investor reporting should include:
- wallet balances;
- transfers;
- unlocks;
- airdrop claims;
- LP depth;
- MM/CEX allocations;
- campaign reward usage.
Approved Tokenomics Language
- "Token FDV is separate from company equity valuation and remains market-conditional."
- "Controlled float is operationally accessible but not freely sellable."
- "Community rewards are claim-based, milestone-based, and not automatic emissions."
- "Marketing cash and marketing token allocations serve different functions: cash funds execution; tokens support long-term partner and community alignment."
Avoid Tokenomics Language
- "The company is worth the token FDV."
- "The treasury can sell the controlled float."
- "Community rewards unlock automatically every month."
- "Marketing has both cash and tokens with no restrictions."
Airdrop Vesting
Total TGE airdrop allocation: 25M GO.
| Timing | % | GO |
|---|---|---|
| TGE | 35% | 8,750,000 |
| Month 3 | 35% | 8,750,000 |
| Month 6 | 30% | 7,500,000 |
Open Items Needed
| Item | Why It Matters | Status |
|---|---|---|
| Final signer structure | Investors will ask who controls wallets | To confirm |
| Multisig provider | Needed for operational security | To confirm |
| Market maker shortlist | Needed to justify controlled float | To source |
| Airdrop/anti-sybil method | Needed to protect token quality | To define |
| Wallet labeling policy | Needed for transparency | To define |