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58 changes: 51 additions & 7 deletions apps/developer-hub/content/docs/pyth-token/pyth-distribution.mdx
Original file line number Diff line number Diff line change
Expand Up @@ -3,19 +3,43 @@ title: PYTH Token Distribution
description: Details about PYTH token distribution and lockup schedules
---

import DualModeImage from "../../../src/components/DualModeImage";
import PythLockupScheduleDark from "./images/Pyth_Lockup_Schedule_Dark.png";
import PythLockupScheduleLight from "./images/Pyth_Lockup_Schedule_Light.png";
import TokenBreakdownDark from "./images/Token_breakdown_Dark.png";
import TokenBreakdownLight from "./images/Token_breakdown_Light.png";
import PublisherRewardsLockupDark from "./images/PYTH_Publisher_Rewards_Lockup_Schedule_Dark.png";
import PublisherRewardsLockupLight from "./images/PYTH_Publisher_Rewards_Lockup_Schedule_Light.png";
import EcosystemGrowthLockupDark from "./images/PYTH_Ecosystem_Growth_Lockup_Schedule_Dark.png";
import EcosystemGrowthLockupLight from "./images/PYTH_Ecosystem_Growth_Lockup_Schedule_Light.png";
import ProtocolDevelopmentLockupDark from "./images/PYTH_Protocol_Development_Lockup_Schedule_Dark.png";
import ProtocolDevelopmentLockupLight from "./images/PYTH_Protocol_Development_Lockup_Schedule_Light.png";
import CommunityLaunchLockupDark from "./images/PYTH_Community_Launch_Lockup_Schedule_Dark.png";
import CommunityLaunchLockupLight from "./images/PYTH_Community_Launch_Lockup_Schedule_Light.png";
import PrivateSalesVestingDark from "./images/PYTH_Private_Sales_Vesting_Schedule_Dark.png";
import PrivateSalesVestingLight from "./images/PYTH_Private_Sales_Vesting_Schedule_Light.png";

There is a total of 10,000,000,000 (10B) PYTH tokens existing.

The initial circulating supply (November 2023) was 1,500,000,000 (15%) PYTH. And the remaining supply (85%) are initially locked and locked tokens will unlock 6, 18, 30 and 42 months after the initial token launch.

**PYTH Lockup Schedule**

![PYTH Lockup Schedule](/images/token/Pyth_Lockup_Schedule.png)
<DualModeImage
darkSrc={PythLockupScheduleDark}
lightSrc={PythLockupScheduleLight}
alt="PYTH Lockup Schedule"
/>

## Token Distribution

Below is the PYTH Token distribution table as per the whitepaper.

![Token Distribution](/images/token/Token_breakdown.png)
<DualModeImage
darkSrc={TokenBreakdownDark}
lightSrc={TokenBreakdownLight}
alt="Token Distribution"
/>

## Publisher Rewards

Expand All @@ -29,7 +53,11 @@ This is designed to encourage more publishers to support new symbols which may l

~2% (50M) of the 2.2B PYTH Tokens are unlocked. The remaining PYTH Tokens (2.15B) are subject to the lockup schedule described above. Note that these rewards can only be distributed to publishers once they are unlocked.

![Publisher Rewards Lockup Schedule](/images/token/PYTH_Publisher_Rewards_Lockup_Schedule.png)
<DualModeImage
darkSrc={PublisherRewardsLockupDark}
lightSrc={PublisherRewardsLockupLight}
alt="Publisher Rewards Lockup Schedule"
/>

## Ecosystem Growth

Expand All @@ -41,7 +69,11 @@ This allocation aims to facilitate practical initiatives including funding resea

13% (700M) of the 5.2B PYTH Tokens are unlocked. The remaining tokens (4.5B) are subject to the unlock schedule described above.

![Ecosystem Growth Lockup Schedule](/images/token/PYTH_Ecosystem_Growth_Lockup_Schedule.png)
<DualModeImage
darkSrc={EcosystemGrowthLockupDark}
lightSrc={EcosystemGrowthLockupLight}
alt="Ecosystem Growth Lockup Schedule"
/>

## Protocol Development

Expand All @@ -51,7 +83,11 @@ This portion of the token supply has been allocated to contributors focused on b

15% (150M) of the 1B PYTH Tokens are unlocked. The remaining tokens (850M) are subject to the unlock schedule described above.

![Protocol Development Lockup Schedule](/images/token/PYTH_Protocol_Development_Lockup_Schedule.png)
<DualModeImage
darkSrc={ProtocolDevelopmentLockupDark}
lightSrc={ProtocolDevelopmentLockupLight}
alt="Protocol Development Lockup Schedule"
/>

## Community and Launch

Expand All @@ -61,7 +97,11 @@ This portion of PYTH Tokens is set aside for the initial launch phase and relate

All 600M PYTH Tokens of "Community and Launch" allocation are unlocked from day one.

![Community and Launch Lockup Schedule](/images/token/PYTH_Community_Launch_Lockup_Schedule.png)
<DualModeImage
darkSrc={CommunityLaunchLockupDark}
lightSrc={CommunityLaunchLockupLight}
alt="Community and Launch Lockup Schedule"
/>

## Private Sales

Expand All @@ -71,4 +111,8 @@ This category represents two historical funding rounds to strategic contributors

All of 1B PYTH Tokens are locked and subject to the unlock schedule described above.

![Private Sales Lockup Schedule](/images/token/PYTH_Private_Sales_Lockup_Schedule.png)
<DualModeImage
darkSrc={PrivateSalesVestingDark}
lightSrc={PrivateSalesVestingLight}
alt="Private Sales Lockup Schedule"
/>
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