Governance
Tokenomics
SEED is the utility token of Garden, designed to facilitate participation in the Garden protocol
The SEED token launched on January 18th, 2024. It empowers holders to actively shape the Garden ecosystem:
Total Supply: 147,000,000 SEED
Staking
Stake SEED to participate in protocol governance and earn revenue.
Solving
Holding 210,000 SEED tokens grants eligibility to become a solver.
Governance
Participate in protocol decision-making, or have a say in selecting community incentive programs and treasury allocation.
Gardener Pass
Burn 21,000 SEED to mint a Gardener Pass, unlocking early access to new features, exclusive contests, and other benefits.
Allocation and emission
- Community incentives: 54.4% (80,000,000 SEED) allocated for community growth and engagement through various programs.
- Liquidity: 5.5% (8,000,000 SEED) to support liquidity.
- Partnerships and grants: 5.5% (8,000,000 SEED) reserved for both tech and non-tech community grants and to establish strategic partnerships.
- Team: 15% (22,000,000 SEED) allocated to the Garden team, subject to a 24-month cliff from TGE and subsequent streaming.
- Investors: 19.6% (29,000,000 SEED) allocated to early backers, subject to a 24-month cliff from TGE and subsequent streaming.
Contract addresses
| Chain | Address |
|---|---|
| Ethereum | 0x5eed99d066a8CaF10f3E4327c1b3D8b673485eED |
| Arbitrum | 0x86f65121804D2Cdbef79F9f072D4e0c2eEbABC08 |
Emission schedule
Last updated: January 21, 2025Community incentives
The community incentives allocation accounts for 96 million SEED, designed to drive ecosystem growth through grants, campaigns, and other initiatives.- Distributed to date: 12.44 million SEED (12.96%), of which 3.78 million SEED have been permanently staked.
- Remaining funds: Controlled by the DAO, which determines their use through the governance process.
Team and investor incentives
The team and investor incentives allocation account for 51 million SEED. Both investors and the team have a 24-month cliff starting from TGE (January 18, 2024). Post-cliff, SEED tokens are streamed over a multi-year schedule as outlined below. This predictable and fair distribution model aligns with the protocol’s long-term goals.- Investor incentives are streamed over a 24-month period following the cliff.
- Team incentives are streamed over a 30-month period following the cliff.
| Category | TGE | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total |
|---|---|---|---|---|---|---|---|
| Investors | 0 | 0 | 0 | 14.5 M | 14.5 M | 0 | 29 M |
| Team | 0 | 0 | 0 | 8.8 M | 8.8 M | 4.4 M | 22 M |
The SEED allocation for community incentives is dynamic, with the DAO determining its distribution to ensure alignment with community needs. Transparent tokenomics and governance-driven decisions will remain central as Garden evolves.