Token Information

Token Details

Ethereum ERC-20 address: 0xd084944d3c05CD115C09d072B9F44bA3E0E45921

xFOLD (V1 staked FOLD) contract: 0x454BD9E2B29EB5963048cC1A8BD6fD44e89899Cb

Total and maximum supply: 2,000,000

Circulating supply: Approx. 1,600,000

Unlock Schedule: The unvested tokens are allocated to the Ecosystem/Miner Incentive pool and the Fold Foundation. Vest quarterly through June 2023.

Primary markets: Sushi (FOLD/ETH), Uniswap (FOLD/USDC), Uniswap (FOLD/ETH)

Seed investor and team tokens

Token vesting is complete for all seed investors from the original May 2021 funding round, which consisted of more than a dozen funds and individuals: These tokens were all unlocked by June 2022 after a one-year vesting period and there are no more unlocks scheduled. The team tokens had a two-year vesting period, and therefore will be completely unlocked by June 2023. All unlocks take/took place quarterly.

Team tokens are held together in a single wallet (in the Manifold Finance Deployer Address), and not held in individual team members' wallets.

There was also an IDO for the token, which you can read about here.

Staking v2 (Expected in 2023)

A new staking system is anticipated to be introduced for FOLD upon the launch of mevETH. This new system will replace the existing xFOLD system and will be designed to capture revenue from mevETH as well as other protocols and services within the Manifold ecosystem.