The ALTI Token

Utility & Staking

The ALTI token will be the Altitude.fi protocol's governance token. The governance system will use a weighted voting system in which the amount of ALTI tokens held determines voting power. Both vested and unvested tokens will have voting power.

ALTI holders will be able to vote on changes to the protocol, including:

• Changing the performance fee

• Deploying new yield farm strategies

• Deploying new lending strategies

Non Transferability

The ALTI token will be deployed as non-transferable.

Supply Information

The ALTI token will be an ERC20 utility token. The supply of ALTI is capped at 1,000,000,000 (1 billion).

The ALTI token will be deployed by Altitude Labs Limited. The address will be published here after the token has been deployed.

Current Distribution

As of September 2024, the ALTI allocation is as follows:

• Altitude Foundation: 5.0% (no lockup, no vesting)

• Early Rewards program: 5.0% (no lockup, no vesting)

• Pre-seed investors: 11.4% (6 months lockup, then 30 months linear vesting)

• Seed investors: 10.6% (6 months lockup, then 30 months linear vesting)

• Founders, team, advisors: 27.0% (at least 6 months lockup, then at least 30 months linear vesting)

• Unallocated: 40.9%