# Allocation

The JOJO token is the governance token for the JOJO platform, enabling users to manage future releases of JOJO tokens and all associated risk parameters. Users can also earn rewards through their governance activities.

Details on the token economy will be released soon!

### Token Address <a href="#token-address" id="token-address"></a>

{% embed url="<https://basescan.org/address/0x0645bC5cDff2376089323Ac20Df4119e48e4BCc4>" %}

<figure><img src="/files/YT1s9WqXppGCt4kt6AUK" alt=""><figcaption></figcaption></figure>

\*TGE, or Token Generation Event, is scheduled for July 29, 2024.

* 4% to investors release 0.2% at TGE, with the remaining balance distributed monthly at a rate of 0.317% over the next 12 months.
* 4% to long-term investors release 0.5% quarterly over 24 months post-TGE.
* 15% to the team 1-year lock-in, followed by monthly releases over the next 24 months at a rate of 0.625% per month.
* 10% to DODO token holders and DODO users, will be released in various ways.
  * 1% allocated to users who trade DODO on Base.
  * **9% allocated to DODO token staker.**
* 8% for retrospective airdrops, released at TGE.
* 59% reserved for future airdrops, liquidity incentive and ecosystem building.
  * 10,000 $JOJO - Liquidity incentive at Aerodrome starting July 31, 2024. Lasts for 1 week.
  * 10,000 $JOJO - Airdrop for farcaster followers.
  * 5,000 $JOJO - 7D Check-in prize week #35 of 2024.
  * 5844877.8 $JOJO - Airdrop season 1.
  * 5910305.3 $JOJO - Airdrop season 2.
  * **The upcoming expenses will be announced here.**


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