> For the complete documentation index, see [llms.txt](https://catex.gitbook.io/catex/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://catex.gitbook.io/catex/tokenomics/emissions-and-distribution.md).

# Emissions & Distribution

## Initial Supply

<table><thead><tr><th width="239" align="center">Category</th><th width="92" align="center">%</th><th width="151" align="center">Allocation</th><th align="center">Vesting</th></tr></thead><tbody><tr><td align="center">Protocol Activations</td><td align="center">5%</td><td align="center">5,000,000</td><td align="center">Permanently locked veCATX </td></tr><tr><td align="center">Community Airdrop</td><td align="center">50%</td><td align="center">50,000,000</td><td align="center">Max locked veCATX (2 years lock)</td></tr><tr><td align="center">Early Adopters</td><td align="center">12%</td><td align="center">12,000,000</td><td align="center">50% oCATX 50% veCATX (2 years lock)</td></tr><tr><td align="center">Ecosystem </td><td align="center">2.83%</td><td align="center">2,830,000</td><td align="center">100% at TGE</td></tr><tr><td align="center">Initial Liquidity </td><td align="center">1%</td><td align="center">1,000,000</td><td align="center">100% at TGE</td></tr><tr><td align="center">DAO Treasury</td><td align="center">20%</td><td align="center">20,000,000</td><td align="center">Permanently locked veCATX </td></tr><tr><td align="center">Marketing</td><td align="center">2%</td><td align="center">2,000,000</td><td align="center">100% at TGE</td></tr><tr><td align="center">Advisors</td><td align="center">1%</td><td align="center">1,000,000</td><td align="center">Max locked veCATX (2 years lock)</td></tr><tr><td align="center">Private</td><td align="center">0.67%</td><td align="center">670,000</td><td align="center">Max locked veCATX (2 years lock)</td></tr><tr><td align="center">Public Sale</td><td align="center">5.5%</td><td align="center">5,500,000</td><td align="center">Varied Vesting depending on launchpads. Please read</td></tr></tbody></table>

<figure><img src="/files/GqB0OSVupa9HE5MpP1na" alt=""><figcaption></figcaption></figure>

## Emissions&#x20;

The initial supply of `CATX` is 100M, with 85M distributed as vote-locked (`veCATX`) tokens.

**Emissions specifications**

* *Weekly emissions (at inception)*: 5,000,000 `CATX`
* *Weekly emissions decay*: 1%
* *Weekly developer wallet allocation*: 4%
* *Weekly* `veCATX` *rebases*: Starts capped at 52% then the cap is reduced by 1% every week for 52 weeks until it reaches 0%
* *Emissions for liquidity providers*: starts at 44% and grows up to 96% in the a period of 52 weeks.

## Rebase & Anti-Dilution Mechanism

`veCATX` holders receive rebases proportional to `CATX` emissions and their voting power. Catex combines an anti-dilution rebase mechanism with a vote-lock model, offering protection against dilution for `veCATX` holders.

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The system starts with a **52% anti-dilution cap**, decreasing by **1% per week** over a year. Rebases are tied to `veCATX` voting power, meaning the longer you lock, the more rebases you earn, incentivizing long-term participation and ensuring fair distribution over time.
