# WAV Token

<figure><img src="https://1657324024-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FO0OuE9apMynE1w94XSMA%2Fuploads%2FB7DqPN5qPTSaYIKJ4B1r%2Fimage.png?alt=media&#x26;token=78348b16-d752-4562-b196-38c4f03edfbe" alt=""><figcaption></figcaption></figure>

**Name: Wave Token**

**Ticker:** $WAV

**Chain:** Sui

**Contract Address**: 0x82616322719cb327186d5b83a6d7783ce5cef4c5dbd4c6d1b5f3d6e5d288e2be::wav::WAV

**Initial Supply:** 90,000,000 WAV

**Total Supply (Max):** 1,000,000,000 WAV

WAV is the native token of Wave Ecosystem

## Token Utility

**Payment method**: The primary currency for transactions in Wave’s dApps, games, DeFi and Wave Trading products.&#x20;

**Commission fees**: Third-party dApps and games integrated into Wave must pay fees using $WAV.

**DeFi Profits & Staking**: $WAV holders can earn interest and staking rewards through Wave’s DeFi products.&#x20;

**Exclusive Access to Meme Tokens**: Through WavePad and WaveStaking, $WAV holders will get early access to meme token presales and launches.

**Buyback & Burning Mechanism**: Wave will use platform profits to buy back and burn $WAV tokens, ensuring long-term value and reducing inflation.

## Token Allocation

<table><thead><tr><th width="72.83984375">#</th><th>Category</th><th>Allocation (%)</th></tr></thead><tbody><tr><td>0</td><td>Seed Round</td><td>10</td></tr><tr><td>1</td><td>Private Round</td><td>12</td></tr><tr><td>2</td><td>Public Round</td><td>1.5</td></tr><tr><td>3</td><td>Liquidity</td><td>4</td></tr><tr><td>4</td><td>Ecosystem</td><td>30</td></tr><tr><td>5</td><td>Airdrop Season 1</td><td>10</td></tr><tr><td>6</td><td>Community</td><td>15</td></tr><tr><td>7</td><td>Advisors &#x26; Early Contributors</td><td>8</td></tr><tr><td>8</td><td>Team</td><td>9.5</td></tr></tbody></table>

<figure><img src="https://1657324024-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FO0OuE9apMynE1w94XSMA%2Fuploads%2FGn6V9LJvh63MWYlxCXRs%2Fimage.png?alt=media&#x26;token=b64180ea-1c24-4d3d-b1fc-578790c1dee3" alt=""><figcaption><p>$WAV Allocation</p></figcaption></figure>

## Token Vesting

<table><thead><tr><th width="70.6640625">#</th><th width="278.0859375">Category</th><th>Vesting Schedule</th></tr></thead><tbody><tr><td>0</td><td>Seed Round</td><td>10% released at TGE, 3 months cliff then linear vesting over the next 12 months</td></tr><tr><td>1</td><td>Private Round</td><td>10% released at TGE, 3 months cliff then linear vesting over the next 9 months</td></tr><tr><td>2</td><td>Public Round</td><td>20% released at TGE, 2 months cliff then linear vesting over the next 4 months</td></tr><tr><td>3</td><td>Liquidity</td><td>100% released at TGE</td></tr><tr><td>4</td><td>Ecosystem</td><td>Linear vesting over the next 60 months</td></tr><tr><td>5</td><td>Airdrop Season 1</td><td>20% released at TGE, then linear vesting over the next 4 months</td></tr><tr><td>6</td><td>Community</td><td>5 months locked, then linear vesting over the next 55 months</td></tr><tr><td>7</td><td>Advisors + Early Contributors</td><td>1 year fully locked, then unlock over 24 months</td></tr><tr><td>8</td><td>Team</td><td>1 year fully locked, then unlock over 48 months</td></tr></tbody></table>

Here is a visualization of the supply and vesting for $WAV.

<figure><img src="https://1657324024-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FO0OuE9apMynE1w94XSMA%2Fuploads%2FXr4LvVVyL0qJFIyblFMT%2Fimage.png?alt=media&#x26;token=3c97b2fa-b4d6-46a0-b56d-725206e8a446" alt=""><figcaption><p>$WAV Vesting Schedule</p></figcaption></figure>