# Token Allocations & Vesting

## Abbreviated Timeline

* **April 2021** - Initial Whitepaper
* **December 2021** - Official launch of P00LS v1
* **April 2022** - 00 Token minted on Ethereum
* **October 2022** - zerozero DEX launched
* **October 2022** - 00 Token listed on Coinbase
* **June 2023** - zerozero DEX closed
* **August 2023** - Investor and Team Allocation vesting started
* **September 2023** - 00 Token bridged to Polygon (available on both Mainnet and Polygon)
* **November 2023** - Launch of P00LS v2

## Initial Token Allocation

The total supply for 00 is permanently fixed at **1,000,000,000** tokens.

At minting, 00 tokens have been distributed to 5 groups:

* **Team** - Members of the team of P00LS and other companies involved in building P00LS and 00 are incentivized with token allocations
* **Investors** - Equity investors of P00LS were able to purchase 00 tokens at minting
* **Creators** - Creators using P00LS are eligible to a token allocation
* **Users** - Users of P00LS (or Holders of P00LS Creator tokens) are / will be eligible to a token allocation
* **Ecosystem Fund -** a reserve of 00 tokens owned by the 00 DAO.

<figure><img src="https://3388711078-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FdIRTTKRMH6QVsWkxaoaZ%2Fuploads%2FsU1EPxTFeYLYcY5CO7eZ%2FScreen%20Shot%202023-10-16%20at%209.58.58%20AM.png?alt=media&#x26;token=e1719f9c-7577-45cd-9dd7-c35dd58d3fc9" alt=""><figcaption><p>Initial Token Allocations</p></figcaption></figure>

## Lock up and Vesting&#x20;

*<mark style="background-color:yellow;">Last Update: October 2023</mark>*

Below is the current status of 00 token allocations vesting parameters.

<table><thead><tr><th width="192">Allocation</th><th width="82">% of Total Supply</th><th>Vesting</th></tr></thead><tbody><tr><td>Team</td><td>20%</td><td>1y lock + 4y vesting started 08/17/22</td></tr><tr><td>Investors</td><td>25%</td><td>1y lock + 3y vesting started 08/17/22</td></tr><tr><td>Users</td><td>20%</td><td>TBC - Distribution voted on by 00 DAO</td></tr><tr><td>Creators</td><td>20%</td><td>1y lock + 3y vesting started 08/17/22</td></tr><tr><td>Ecosystem Fund</td><td>15%</td><td>None</td></tr></tbody></table>