# Tokenomics

**What is REAP?**

REAP is Releap Protocol’s native token that is deeply tied into the functioning of the Protocol. Users require $REAP to vote on governance decisions or take part in Releap’s curation model. Curation nodes can only be added to the protocol by staking the required amount of $REAP tokens and curation operators are rewarded in $REAP tokens as well.

Releap Protocol aims to give creators the freedom to retain ownership over the connections they have built with their audience by creating a fully customizable, user-owned social graph.

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**Token Distribution**

A brief break down of the total supply of the token across categories

<figure><img src="/files/IebRy6hQcx7uLAdk3s7y" alt=""><figcaption></figcaption></figure>

<table><thead><tr><th width="178">Allocation</th><th width="150">Token Amount</th><th width="126">Percentage</th><th>Lock-up period</th></tr></thead><tbody><tr><td>Seed Round</td><td>40M</td><td>5%</td><td>2 year vesting, 15% TGE and 15% quarterly unlock</td></tr><tr><td>Strategic Round</td><td>79M</td><td>10%</td><td>1 year vesting, 20% TGE and 20% quarterly unlock</td></tr><tr><td>Public Sale</td><td>40M</td><td>5%</td><td>1 year vesting, 20% TGE and 20% quarterly unlock</td></tr><tr><td>Community Treasury</td><td>161M</td><td>20%</td><td>4 year vesting, 1 year cliff</td></tr><tr><td>Staking rewards</td><td>160M</td><td>20%</td><td>4 year vesting, 5% TGE </td></tr><tr><td>Ecosystem Development</td><td>160M</td><td>20%</td><td>4 year vesting, 5% unlock every 6 months</td></tr><tr><td>Team</td><td>160M</td><td>20%</td><td>4 year vesting, 1 year cliff</td></tr><tr><td><strong>Total</strong></td><td><strong>800M</strong></td><td></td><td></td></tr></tbody></table>

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**Token Release Schedule**

$REAP token has varying vesting periods depending on the allocation. The portion allocated for the team, community and ecosystem development will be bound by a longer vesting period along with some cliffs to assure token holders of our commitment towards building and sustaining the protocol.&#x20;

<figure><img src="/files/lVHjfjp7ZV3ti62rFoDh" alt=""><figcaption></figcaption></figure>


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