Proposal-12: TES Initial Liquidity Pre-allocation

Background

Tiny Era Shard (TES) has a total supply of 200 million tokens, with an initial distribution of 2 million tokens. For fair distribution, 1 million tokens out of these are being airdropped to long-term supporters of Tiny World project, and the remaining 1 million tokens were made available for purchase using TINC.

To improve the liquidity of TES on the zkSync Era, Tiny World team proposes the following:

Proposal

Based on the 14,292,165.78 TINC used by the community to subscribe 1 million TES, the team will acquire 200,000 TES using TINC at the same ratio. Specifically, the team will use vested 2,858,433.156 TINC from the Core team's fund to obtain 200,000 TES to add the initial liquidity. 80% of the used TINC will be burned, while the remaining 20% will go into the DAO treasury.