Project: Hermez

Token: HEZ

 

Introduction

 

Hermez is a zk-rollup that allows for scaling payments and token transfers on top of the Ethereum public blockchain.

 

Total Supply: 100,000,000 HEZ

Initial Circulating Supply: 36,000,000 HEZ

Offering Price: $5.47

Official Website: https://hermez.io/

Whitepaper: https://hermez.io/hermez-whitepaper.pdf

Blockchain Explorer: https://etherscan.io/token/0xeef9f339514298c6a857efcfc1a762af84438dee

Telegram: https://t.me/hermez_network

Twitter: https://twitter.com/hermez_network

 

Token Distribution

 

Token Economy & Strategic Partnerships: 65 million HEZ, 65% of Total Supply, 9.5% Tier 1 Vesting and 27% Tier 2 Vesting

Hermez Founders: 20 million HEZ, 20% of Total Supply, 100% Tier 1 Vesting

Hermez Development Team: 15 million HEZ, 15% of Total Supply, 66.6% Tier 1 Vesting

 

Token Vesting Schedule

 

Tier 1: 5% of tokens unlocked initially, then after a 6-month cliff, 0.104% of the total amount released every day for ~2.5 years. All tokens will be unlocked after 3 years.

Tier 2: 10% of tokens unlocked initially, then after a 6-month cliff, 0.164% of the total amount released every day for 1.5 years. All tokens will be unlocked after 2 years.