FOLD Tokenomics
FOLD is the token of the Interfold. This page gives the total supply of FOLD, the allocation of that supply across categories, and the unlock schedule of each category. It is for token holders, operators, and anyone who wants to understand the distribution of FOLD. For the role of FOLD in the network, see the FOLD Token FAQ.
Total Supply
Circulating Supply at TGE
Token distribution
The total supply of FOLD is 1.2 billion.
The chart below shows the distribution of the total supply:
| Category | Distribution |
|---|---|
| Community(55.50%) | |
| Foundation Treasury | 39.06% |
| CCA Sale | 12.50% |
| Airdrop | 3.94% |
| Other(44.50%) | |
| Gnosis Guild | 20.00% |
| Investors | 14.71% |
| Team and Advisors | 9.79% |
The allocations are in two groups: Community and Other. The sections below describe each allocation.
Community allocations
Foundation Treasury
The Interfold has been built in the open. It is freely available as open-source software under the LGPLv3 license. A portion of supply is allocated to The Interfold Foundation. Grants may be awarded proactively to support priority work. Grants may also be awarded retroactively to recognize meaningful contributions.
CCA Sale
This allocation was reserved for two Uniswap Continuous Clearing Auctions (CCAs). The auctions gave community members and early believers in The Interfold a fair opportunity to participate before token transferability took place. For the auction details, see The FOLD Auction.
Airdrop
3.94% of supply was airdropped to web3, privacy, and security experts and organizations. The airdrop recognizes their contributions to the space. This allocation has already been executed and fully allocated, and it vests over 24 months.
Other allocations
Gnosis Guild
This allocation recognizes the early role of Gnosis Guild. It is subject to a 48-month release schedule.
Investors
The Interfold, previously developed under the name Enclave, has completed these fundraising rounds:
| Round | Valuation |
|---|---|
| Pre-seed | $20m |
| Seed | $25.8m |
| Legion round | $25.8m |
This allocation combines all three rounds. It has no lock policy, and it became transferable in full at the TGE (token generation event). The Uniswap Continuous Clearing Auctions are shown separately, under the CCA Sale allocation.
Team and Advisors
This allocation covers the core team and the advisors who supported the early development of the Interfold. It follows a 24-month release schedule.
Unlock schedule
The chart shows the cumulative circulating supply of each allocation over time. The table below the chart gives the unlock schedule of each allocation.
| Category | Unlock Schedule |
|---|---|
| Community | |
| Foundation Treasury | 48 month linear unlock from Sep 1, 2026 |
| CCA Sale | Unlocked |
| Airdrop | 24 month linear unlock from Sep 1, 2026 |
| Other | |
| Gnosis Guild | 48 month linear unlock from Sep 1, 2026 |
| Investors | Unlocked |
| Team and Advisors | 24 month linear unlock from Sep 1, 2026 |
Token contract rules
The FOLD token contract (InterfoldToken) applies these rules to all FOLD:
| Rule | What the contract does |
|---|---|
| Name and symbol | Interfold and FOLD. An ERC-20 token with the ERC-20 Permit and ERC-20 Votes extensions. |
| Supply cap | MAX_SUPPLY is 1,200,000,000 FOLD. A mint above the cap reverts with MaxSupplyExceeded. |
| Minting | Only the admin and minter roles can mint, and only before the TGE. After the TGE, a mint reverts with MintingClosed. |
| TGE | Anyone can call tge() after the cooldown that follows the auction window. The call succeeds one time only. |
| Allocation locks | An allocation can have a lock policy with an unlock curve. A wallet must keep its locked amount minus its bonded FOLD. It can transfer the rest. |
| Bonded FOLD | Locked FOLD can be bonded. Bonding moves FOLD to the bonding registry, and that FOLD still counts toward the lock. |
For the TGE date and what changes after it, see FOLD Transferability. For the address of the FOLD contract, see Contract addresses.