# The ALTI Token

**Utility & Staking**

The ALTI token will be the [Altitude.fi](https://www.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**

<figure><img src="https://4241559758-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F8VrLMEj9b5K5cnoM7sEN%2Fuploads%2FVxcReKumFY13OoiJKi3y%2Fimage.png?alt=media&#x26;token=d5338cc1-05b3-46bc-8360-4ca5a703050e" alt=""><figcaption><p>ALTI token allocation per May 2025</p></figcaption></figure>

As of May 2025, the ALTI allocation is as follows:

* Ecosystem & Community: 42.6%
  * Airdrops, community raise, community grants, partner incentives, ecosystem expansion, staking rewards.
* Altitude Foundation: 5.0%
  * Token allocation to be used for the growth & advancement of the protocol. This will not go to the team.
* Team & advisors: 26.4% (at least 6 months lockup, at least 30 months linear 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)

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