TEA Token

A token to unlock the potential of OSS

TEA is the access key to the tea Protocol. Value captured by the protocol accrues back to token holders in novel ways that further enhance the sustainability of the open source software ecosystem.
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tea Testnet uses only testnet TEA
tea Incentivized Testnet is now live. During the testnet a test version of TEA tokens will be used.
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TEA allows OSS developers to capture the value they create

Protocol Value Creation

The value of the tea Protocol is that it creates a fully composable open-source ecosystem. The protocol accomplishes this in two distinct ways:

  • First, by allowing seamless interaction between projects and their communities. This encourages network participants to submit bug or vulnerability reports to project maintainers and OSS projects to address these reports in a timely manner. This also promotes more transparent linkages between project dependencies and dependents, which may encourage cross collaboration amongst core contributors due to their mutually aligned goals.
  • Second by assigning a universal score to each project to quantify its impact and orientation within the broader open source ecosystem. This promotes healthy competition amongst projects to continually improve their codebase and its usage by other packages within the ecosystem in order to increase their rank.

Full composability is achieved regardless of each OSS project’s package manager, dependencies, and dependents.

TEA Value Capture

The protocol will generate fees from a variety of activities conducted by OSS projects as they onboard and interact with community members. A portion of the fees generated will accrue back to TEA token holders that remain engaged with the decentralized network.

Holding TEA tokens also allows users to participate in decentralized governance and influence key protocol decisions such as the distribution of rewards, distribution of protocol fees, and the determination of which OSS package managers should be supported by the protocol’s Proof-of-Contribution consensus mechanism.

TEA Tokenomics

1. General Information

Maximum Token Supply

10 Billion

Estimated Date of TGE

Q4 ’24

Type of Supply

Deflationary

The amount of TEA tokens in circulation will never exceed 10 Billion. TEA embeds a variety of mechanisms designed to programmatically and automatically remove TEA from circulation via slashing and “burn” mechanisms. These mechanisms further enhance the token’s utility and encourage collaboration between community members, core maintainers, and OSS projects.

2. TEA Distribution Schedule

TEA’s Distribution Schedule dictates the issuance of tokens to various individuals and stakeholders within the protocol. More than 50% of the TEA tokens created by the protocol are allocated to “Ecosystem & Governance.” These tokens are used as incentives to encourage package maintainers, users, and supporters to perform activities that provide value to the decentralized network. A portion of these tokens are maintained in a DAO treasury and used to vote in protocol governance.

Roughly 19% of the maximum token supply will be allocated to core contributors participating in “Protocol Development”. This allocation is used to promote the continued evolution of the tea Protocol which will ensure the sustainability of the OSS ecosystem. “Early Supporters & Advisors” will receive approximately 13% of the TEA token supply.

The remaining 17% of TEA tokens to be distributed will be utilized to facilitate the protocol’s mainnet launch. This will include a strategic token sale to various institutional investors (11%), and a public sale to promote widespread community distribution at TGE (3%). The remaining ~3% of TEA tokens will be allocated to support marketplace liquidity once a token generation event occurs.

A detailed breakdown of TEA’s Distribution Schedule can be found below:

Group

Ecosystem & Governance

Protocol Development

Early Supporters & Advisors

Private Sale

Liquidity Provision

Public Sale

% of Maximum Token Supply

51.4%

18.6%

12.7%

11.0%

3.2%

3.0%

3. TEA Emissions Schedule

TEA’s Emissions Schedule determines the manner and rate at which tokens enter the circulating supply. TEA’s emissions curve is conservative and spans over 50 years with a majority of the token supply introduced programmatically based on network participation. Accordingly, TEA’s inflation is limited based on its success in onboarding OSS projects and their communities. The four major groups of network participants that are eligible to receive TEA tokens as part of the protocol’s incentive-based emissions are listed below.
  • OSS Project Maintainers
  • tea Community Members
  • Project Supporters, and
  • Vulnerability Reporters
TEA tokens will also be utilized to support OSS projects and secure the software supply chain through staking, including the right to challenge a project’s codebase by conducting a review and reporting bugs or vulnerabilities, reward the open-source developers of registered projects, and participate in the governance of the tea Protocol.
The tea Protocol will conduct its token generation event (“TGE”) with roughly 19% of its maximum token supply unlocked and in circulation. Of the tokens in circulation at TGE, almost half will be allocated to the DAO and will be utilized for governance. Roughly 33% of the initial circulating supply will be utilized to facilitate the protocol’s mainnet launch including a public sale to promote widespread community distribution and tokens allocated to support marketplace liquidity. The remaining tokens will be distributed as protocol incentives and airdrops to network participants including OSS projects, and community members. Once the mainnet is live, TEA tokens will begin emitting to OSS projects that onboard to the protocol, as well as individuals and who interact with the network.
A detailed breakdown of TEA’s Emissions Schedule can be found below:

Capitalization Table

Group

Token allocation
(Token Qty. / % allocated)

Unlock at TGE
(Token Qty. / % allocated)

Date of InitialUnlock

Vesting
Ending Date

teaRank rewards (Organic)

Core Contributors

DAO Staking Allocation

Staking

tea DAO Treasury

Seed

Advisory

Seed 2

Pre-ITN Strategic

teaRank Rewards (Multiplier)

Strategic

Market Maker (Tranche 1)

Market Maker (Tranche 2)

Market Maker (Tranche 3)

Market Maker (Tranche 4)

Public Sale (IEO)

Developer Airdrop

Misc.

Pre-Seed

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

99.99%

9,999,999,999

0%

9,999,999,999

0%

9,999,999,999

100%

9,999,999,999

0%

9,999,999,999

100%

9,999,999,999

0%

9,999,999,999

0%

9,999,999,999

0%

9,999,999,999

0%

9,999,999,999

0%

9,999,999,999

0%

9,999,999,999

100%

9,999,999,999

100%

9,999,999,999

100%

9,999,999,999

100%

9,999,999,999

100%

9,999,999,999

0%

9,999,999,999

0%

9,999,999,999

0%

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Tea token release schedule (first 5 years)

TEA token release schedule chart

Ecosystem & Governance

Protocol Development

Early Supporters & Advisors

Private Sale

Liquidity Provision

Public Sale