> For the complete documentation index, see [llms.txt](https://docs.bondex.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bondex.app/tokenomics-2.0/token-allocations-and-vesting/changes-from-v1-to-v2.md).

# Changes from V1 to V2

As Bondex continues to refine its token economy, we’ve made key updates to our vesting schedules, token allocations, and overall supply structure. These changes ensure a balanced approach that benefits both community members and investors. Below is a breakdown of the major updates and the reasoning behind them.

**The Community TLDR:**

* **67% Increase in Immediate Community Rewards**
* **Supercharged Airdrop Season 1**: $1.8M worth of $BDXN (50% bigger than planned)
* **Accelerated Vesting**: Rather then 20 months to receive your Airdrop allocation, you’ll receive this across 12 months.

### Faster Vesting to Reward Patience and Build Long-Term Value

*Vesting is the gradual release of tokens over a set period, preventing large sell-offs and ensuring long-term commitment from investors, team members, and other stakeholders.*

**Vesting (Months)**

| Category                  | V1 | V2 | Δ Delta |
| ------------------------- | -- | -- | ------- |
| Pre-seed round            | 24 | 24 | -       |
| Seed round                | 18 | 18 | -       |
| Public round              | 12 | 12 | -       |
| Liquidity / Market Making | 12 | 9  | -3      |
| Advisors & Consultants    | 36 | 24 | -12     |
| Team                      | 36 | 24 | -12     |
| Ecosystem rewards         | 38 | 36 | -2      |
| Treasury                  | 36 | 24 | -12     |
| Marketing                 | 20 | 20 | 0       |
| Community Airdrop         | 20 | 12 | -8      |

*"<mark style="background-color:yellow;">We appreciate your patience and are rewarding it. We're increasing supply because market launches have shown that the faster you reach a fair price through fair distribution, the better it is for the long-term health of the community.</mark>" Ignacio Palomera - Bondex CEO*

***

### TGE Unlock Improvements to Strengthen Secondary Market

*TGE Unlock: the percentage of tokens that become available for trading or use immediately at the Token Generation Event (TGE)*

**TGE Unlock**

| Category                  | V1     | V2    | Δ Delta |
| ------------------------- | ------ | ----- | ------- |
| Pre-seed round            | 2.50%  | 2.5%  | -       |
| Seed round                | 2.50%  | 2.5%  | -       |
| Public round              | 25.00% | 25.0% | -       |
| Liquidity / Market Making | 30.00% | 60.0% | 30.0%   |
| Advisors & Consultants    | 0.00%  | 0.0%  | -       |
| Team                      | 0.00%  | 0.0%  | -       |
| Ecosystem rewards         | 10.00% | 15.0% | 5.0%    |
| Treasury                  | 0.00%  | 25.0% | 25.0%   |
| Marketing                 | 6.00%  | 10.0% | 4.0%    |
| Community Airdrop         | 6.00%  | 0.0%  | -6.0%   |

* The original model had a higher initial selling pressure, risking excessive token dumping.
* The liquidity allocation increase at TGE strengthens the secondary market.
* The Community Airdrop has recieved a huge improvement on vesting from 20 months to 12 months, so we’ve adjusted the TGE unlock to create a more balanced and structured token release.

***

### Adjusted Cliffs to Reward Early Supporters and Strengthen Long-Term Growth

*A Cliff is the initial period after a token launch when tokens remain locked and cannot be sold or transferred. Once the cliff ends, tokens begin unlocking based on the vesting schedule.*

**Cliff (Months)**

| Category                  | V1 | V2 | Δ Delta |
| ------------------------- | -- | -- | ------- |
| Pre-seed round            | 12 | 3  | -9      |
| Seed round                | 12 | 6  | -6      |
| Public round              | 1  | 0  | -1      |
| Liquidity / Market Making | 0  | 0  | 0       |
| Advisors & Consultants    | 15 | 15 | -       |
| Team                      | 15 | 15 | -       |
| Ecosystem rewards         | 3  | 0  | -3      |
| Treasury                  | 9  | 0  | -9      |
| Marketing                 | 0  | 0  | -       |
| Community Airdrop         | 0  | 0  | -       |

We postponed the TGE due to market conditions and are adjusting cliffs to better reward our early supporters.

* **Shorter cliffs for early investors** ensure strong incentives while keeping long-term growth in focus.
* **Removing the public round cliff** makes it more attractive for new investors to participate, and improving the terms for the CoinList participants.&#x20;
* **15 month cliffs for the team and advisors** reinforces long-term commitment to the project’s success.

***

### Token Supply Changes for Improved Sustainable Model

*Token supply is the total number of tokens that exist or will be created for a project, including those in circulation and those locked for future release*.

**Tokens (Million)**

| Category                  | V1    | V2    | Δ Delta |
| ------------------------- | ----- | ----- | ------- |
| Pre-seed round            | 70    | 55    | -15     |
| Seed round                | 30    | 80    | 50      |
| Public round              | 80    | 100   | 20      |
| Liquidity & Market Making | 100   | 100   | -       |
| Advisors & Consultants    | 40    | 60    | 20      |
| Team                      | 160   | 150   | -10     |
| Ecosystem rewards         | 280   | 240   | -40     |
| Treasury                  | 180   | 130   | -50     |
| Marketing                 | 40    | 55    | 15      |
| Community Airdrop         | 20    | 30    | 10      |
| Total                     | 1,000 | 1,000 | -       |

* Adjustments balance the incentives between investors, the community, the core team and long term success of the ecosystem.&#x20;
* Adjusted for consideration of sudden supply shocks that could harm token value.
* Increased seed allocation supports early investors who provide long-term commitment.
* Public round increase to reflect our success on CoinList, with 20,000 participants.&#x20;

> *<mark style="background-color:yellow;">“We’re not here to cash out on retail investors. Bondex has a strong cash position, and our focus is on creating sustainable value — not triggering negative effects for our community and investors.”</mark> Ignacio Palomera, Bondex CEO*

<figure><img src="/files/6sI4yEtzqgrgqgWe4D5h" alt=""><figcaption></figcaption></figure>

<mark style="background-color:yellow;">**👉 Try the New**</mark> [<mark style="background-color:yellow;">**Bondex Token Economy Simulator**</mark>](https://spaceandtokens.ai/simulation/3165c00d-1ab8-49a0-ac69-498eed325c1f) <mark style="background-color:yellow;">**👈**</mark>
