Token Utilization
This Token Utilization document (this “Document”) describes the purpose, supply, distribution, vesting, and value-accrual mechanisms of the VALT Token issued by VALT Foundation (“VALT,” “the Company,” “we,” “us,” or “our”), consistent with VALT’s whitepaper (v2.5). This Document supplements, and forms part of, the Terms and Conditions referenced at Article I (Definitions, “VALT Token”) and Article VI (Token Sale Participation) of VALT’s Terms and Conditions. In the event of a conflict between this Document and the Terms and Conditions on matters relating to the Token Sale generally, the Terms and Conditions shall prevail; in the event of a conflict on matters specific to token supply, allocation, or vesting, this Document shall prevail.
This Document is provided for informational purposes and does not constitute an offer or solicitation to sell securities or investment products in any jurisdiction. Please read Section VII (Risk Disclosure) and Section VIII (No Investment Advice) carefully before acquiring VALT Tokens.
I. Token Overview
| Parameter | Detail |
|---|---|
| Token Name | VALT |
| Token Symbol | VALT |
| Blockchain | Vision Chain (Layer 1) |
| Token Standard | Vision Chain native, ERC-20 bridge compatible |
| Token Type | Utility token. The VALT Token is not a security, equity interest, bond, deposit, or other financial investment product, and does not confer any ownership interest in VALT Foundation. |
| Total Supply | 1,000,000,000 (one billion) VALT — fixed at genesis, no additional minting |
| Burn Mechanism | Net platform fee revenue is used for open-market buyback and on-chain burn (see Section V) |
| Governance | On-chain DAO voting, activating in Phase 4 of VALT’s roadmap, following exchange listing and sufficient decentralization of token holdings |
II. Token Utility
The VALT Token is designed to serve six utility functions across the VALT platform ecosystem as it is built out in phases. Each function is intended to create independent demand for the VALT Token, so that its utility does not depend on any single feature of the Services. Some functions below correspond to Services already offered (Token Sale participation, KYC, wallet linking, referral); others correspond to platform layers (cross-border remittance, RWA marketplace) planned for later roadmap phases and not yet live — these are marked “Planned” below and will only apply once the corresponding Service is actually launched and separately disclosed.
| Utility | Description | Status |
|---|---|---|
| Fee Currency | Users may pay platform fees in VALT Tokens at a tiered discount based on VALT holding level, up to 50% at the top tier. | Planned — applies once fee-generating Services launch |
| Remittance Priority Pass | Users who stake VALT Tokens may receive priority queue routing for cross-border remittance transfers. | Planned — requires the remittance Service |
| RWA Trading Currency | RWA Marketplace listings and secondary trades may be denominated in VALT Tokens. | Planned — requires the RWA marketplace Service |
| Governance Voting | Staked VALT Tokens confer on-chain voting rights on platform parameters (once DAO governance activates). | Planned — activates in Phase 4 |
| Staking Rewards | Users may stake VALT Tokens to receive rewards from the Staking Reward Pool’s pre-determined emission schedule (see Section V). | Available once staking opens |
| Marketplace Purchase Discount | Tiered discounts on gold and luxury goods purchases based on VALT holding tier. | Planned — requires the marketplace Service |
The illustrative fee-discount tiers currently set out in VALT’s whitepaper are as follows. These figures are illustrative and subject to change; the tiers actually in effect at any time are published on the Website.
| Tier | VALT Held | Fee Discount |
|---|---|---|
| 1 (Standard) | 0–4,999 | 0% |
| 2 | 5,000–9,999 | 10% |
| 3 | 10,000–19,999 | 20% |
| 4 | 20,000–29,999 | 35% |
| 5 (VIP) | ≥30,000 | 50% |
The specific fee-discount tiers, staking yield, and other numerical terms referenced above (and in VALT’s whitepaper) are illustrative, are set and updated from time to time on the Website, and are not fixed by this Document.
III. Total Supply and Token Distribution
The total supply of the VALT Token is fixed at 1,000,000,000 tokens, allocated across the following categories:
| Category | Token Supply | % of Total Supply | Purpose |
|---|---|---|---|
| Strategic Sale | 60,000,000 | 6% | Early institutional partners |
| VC / Institutional | 100,000,000 | 10% | Lead investors |
| Private Sale | 80,000,000 | 8% | Accredited investors |
| Public Sale | 60,000,000 | 6% | Community participants |
| Founders & Core Team | 150,000,000 | 15% | Long-term alignment |
| Advisors | 40,000,000 | 4% | Strategic advisors |
| Ecosystem Grants | 80,000,000 | 8% | Growth and grants |
| Marketing & BD | 60,000,000 | 6% | Marketing and business development |
| Partnership Incentives | 40,000,000 | 4% | Strategic partnerships |
| Liquidity Reserve | 80,000,000 | 8% | DEX / CEX market making |
| Staking Reward Pool | 150,000,000 | 15% | 10-year staking emission |
| Treasury (DAO) | 100,000,000 | 10% | Future governance allocation |
| Total | 1,000,000,000 | 100% |
IV. Vesting Schedule
4.1. Each token allocation category is subject to the TGE unlock, cliff, vesting period, and release method set out below. “TGE Unlock” means the portion of a category’s allocation (if any) that is released immediately upon the Token Generation Event (“TGE”), before any cliff or vesting period applies to the remainder of that category’s allocation. “Cliff” means the period following the TGE during which no further tokens in that category are released. “Vesting Period” means the period, beginning immediately after the applicable cliff (or at TGE where no cliff applies), over which the remaining tokens in that category are progressively released.
| Category | TGE Unlock | Cliff | Vesting Period | Release Method |
|---|---|---|---|---|
| Strategic Sale | 0% | 18 months | 30 months | Monthly linear |
| VC / Institutional | 0% | 12 months | 36 months | Monthly linear |
| Private Sale | 0% | 9 months | 27 months | Monthly linear |
| Public Sale | 25% of allocation | None | Remaining 75% over 12 months | Monthly linear |
| Founders & Core Team | 0% | 18 months | 42 months | Monthly linear |
| Advisors | 0% | 12 months | 36 months | Monthly linear |
| Ecosystem Grants | 10% of allocation | None | Remaining 90% over 48 months | Milestone-based, verification-gated |
| Marketing & BD | 5,000,000 VALT | None | Remaining over 36 months | Monthly, budget/performance-based |
| Partnership Incentives | 2,500,000 VALT | None | Remaining over 36 months | Milestone-based |
| Liquidity Reserve | 60,000,000 VALT | 12 months | Remaining over 24 months | Monthly linear, DAO-approval-based |
| Staking Reward Pool | 0% | None | 120 months | Per fixed emission schedule (weekly, approx. 288,462 VALT/week; see Section V.1) |
| Treasury (DAO) | 0% | 24 months | 120+ months | DAO proposal and vote required for each release; capped at 10,000,000 VALT per year |
4.2. Vesting and cliff schedules are executed through an on-chain smart contract, or another method designated by VALT, in accordance with this Document and any schedule pre-announced for a particular Token Sale round. This Section is intended to reflect, and shall be interpreted consistently with, the vesting and cliff logic implemented in VALT’s smart contracts; in the event of any inconsistency between this Section and the deployed smart contract logic for a given allocation, the on-chain schedule actually deployed for that allocation shall control, and VALT will update this Document to correct the discrepancy.
4.3. Where VALT provides a separate Token Purchase Agreement or equivalent written agreement for a particular Token Sale round, the vesting terms in that agreement shall prevail over this Section to the extent of any conflict.
4.4. Vesting and unlock schedules, once announced for a given round or allocation, will not be modified in a manner that is less favorable to token holders of that round or allocation without their consent, except where required by applicable law or by a Force Majeure Event as described in the Terms and Conditions.
V. Value-Accrual Mechanisms
5.1 Staking Reward Pool
Users may stake VALT Tokens to receive rewards drawn exclusively from the Staking Reward Pool, a fixed allocation of 150,000,000 VALT Tokens (15% of total supply) set out in Section III. This pool is emitted on a fixed schedule over 10 years (approximately 15,000,000 VALT per year, approximately 288,462 VALT per week), distributed to stakers weekly in proportion to each staker’s share of the total staked supply at that time. This total and its emission schedule are fixed at launch and published on-chain; changes require DAO governance approval following its activation.
Staking reward payouts are calculated solely by reference to (a) the fixed weekly emission amount and (b) the individual staker’s proportional share of total staked supply. They are not calculated by reference to, and do not vary with, VALT Foundation’s platform fee revenue or business performance. Staking under this Section is also linked to platform functions performed by the User, including priority queue routing (once the relevant Service is live, see Section II) and governance voting rights (once DAO governance activates), so that staking rewards correspond to the User’s own participation in network operations rather than a share of VALT Foundation’s business results. VALT does not currently plan to introduce a staking reward component funded by platform fee revenue; if VALT or DAO governance were to introduce one in the future, it would be announced separately with its own specific terms and would not be guaranteed.
5.2 Buyback and Burn
All net platform fee revenue is directed to open-market purchases of VALT Tokens, which are then sent to a verifiable burn address on Vision Chain, permanently removing them from circulating supply. This mechanism affects total and circulating supply, and its resulting effect on token scarcity applies equally to every VALT holder regardless of staking status; it does not involve any distribution of revenue or profit to individual token holders. All buyback transactions and burn confirmations are intended to be published on-chain and summarized in a periodic public transparency report. The percentage of net fee revenue allocated to buyback-and-burn is set at launch and is subject to adjustment by DAO governance following its activation.
5.3 Governance
Staked VALT Tokens confer voting rights proportional to stake size once DAO governance activates. Governance matters may include platform fee-rate adjustments, treasury allocation, and protocol upgrade ratification. A minimum quorum of 10% of total staked supply is required for a governance vote to be binding. DAO governance is expected to activate in Phase 4 of VALT’s roadmap, following exchange listing and sufficient decentralization of token holdings.
Nothing in this Section guarantees any particular level of platform fee revenue, staking reward, token-price effect, or governance outcome. The mechanisms described in Sections 5.1 through 5.3 may be adjusted by VALT prior to DAO activation, and by DAO governance thereafter, as described in Section IX.
VI. Token Generation Event and Circulating Supply
6.1. The Token Generation Event (“TGE”) refers to the point at which the VALT Token is first issued (genesis-minted) on Vision Chain, and which serves as the reference date from which the TGE Unlock, cliff, and vesting periods described in Section IV are calculated for each allocation category. Whether, and to what extent, a given category’s tokens become transferable at TGE depends on that category’s TGE Unlock percentage or amount as set out in Section IV; the TGE itself does not by itself make every allocation transferable, tradeable, or listed on an exchange — each category’s TGE Unlock, cliff, and vesting terms in Section IV continue to govern when its tokens actually unlock.
6.2. The TGE is not the same event as, and may occur before, after, or independently of, the start date of any Token Sale round (including the Strategic Sale) or any exchange listing. Participation in a Token Sale round secures a User’s allocation and purchase terms for that round; it does not itself constitute the TGE or cause tokens to be issued.
6.3. The specific date of the TGE has not yet been fixed and will be announced separately on the Website in advance of the event. Once announced, the vesting and cliff periods in Section IV will be calculated by reference to that date.
6.4. Circulating supply at any given time reflects total supply issued to date, less tokens locked under unexpired vesting or cliff conditions, less tokens permanently burned under Section 5.1, and less tokens actively staked.
VII. Risk Disclosure
By acquiring, holding, or using VALT Tokens, you acknowledge and agree that you understand the following risks:
- The price of the VALT Token is highly volatile. VALT does not guarantee any increase in token value, liquidity, or exchange listing.
- Secondary markets for the VALT Token may be illiquid, particularly at or shortly after launch, and concentrated vesting-period unlocks may contribute to price volatility.
- VALT’s core functions depend on the continued operation of Vision Chain, a third-party Layer 1 network that VALT does not control. A significant failure of Vision Chain could require material re-engineering of VALT’s infrastructure.
- Laws and regulatory environments relating to virtual assets, cross-border remittance, and asset tokenization differ across jurisdictions and are actively evolving. VALT’s current understanding of its regulatory position may prove incorrect or outdated, and licensing or approval in a given jurisdiction is not guaranteed on any particular timeline.
- Blockchain and smart contract technology carries inherent technical risk, including bugs, vulnerabilities, hacking, and network or bridge failures. No amount of auditing eliminates this risk entirely, even where VALT undertakes independent security audits before deployment.
- VALT does not guarantee that any illustrative yield, business roadmap, or regulatory approval described on the Website or in VALT’s whitepaper will be achieved on any particular timeline in any particular jurisdiction.
- Utility functions described in Section II that are marked “Planned” depend on platform layers (such as cross-border remittance or the RWA marketplace) that are not yet live, and their launch timing and final terms are not guaranteed.
- If you lose or expose your Digital Wallet’s private key or seed phrase, VALT has no obligation to recover it or compensate you for any resulting loss.
What VALT does guarantee is limited to the on-chain mechanisms described in Section V — the buyback-and-burn and staking reward emission mechanisms — operating as specified, and to VALT regularly and transparently disclosing related on-chain financial flows through periodic public transparency reports.
VIII. No Investment Advice
8.1. All information provided in this Document, the Website, VALT’s whitepaper, and official community channels is for general informational purposes only and does not constitute investment, legal, tax, or other professional advice.
8.2. VALT does not recommend that any User purchase, hold, or dispose of VALT Tokens. Each User must make such decisions based on their own independent judgment and responsibility, and should seek independent legal, financial, or tax advice where necessary.
8.3. Users are solely responsible for reporting and paying any taxes that may arise in their jurisdiction in connection with the purchase, holding, transfer, staking, or disposition of VALT Tokens.
IX. Amendments
9.1. VALT may amend this Document from time to time, including to reflect DAO governance decisions made after activation, changes to the buyback-and-burn or staking distribution rates, or corrections to align this Document with deployed smart contract logic.
9.2. Except as provided in Section 4.4, amendments will not retroactively reduce the total token allocation or extend the vesting period of a token allocation already announced to a User for a completed or ongoing Token Sale round, without that User’s consent. Amended versions of this Document will be posted on the Website with an updated “Last Updated” date.
X. Relationship with Other VALT Documents
10.1. This Document should be read together with VALT’s Terms and Conditions and Privacy Policy. Where this Document addresses token supply, distribution, or vesting, it takes precedence over general statements on the same topics elsewhere on the Website or in VALT’s whitepaper, except where a separate Token Purchase Agreement applies to a specific Token Sale round as described in Section 4.3.
10.2. VALT’s whitepaper (v2.5) provides additional background on the platform, technology, and roadmap referenced in this Document, but is provided for informational and community-discussion purposes and does not itself create binding obligations on VALT.
XI. Contact
Questions about this Document, the Token Sale, or your token allocation may be directed to support@valtfoundation.com. Questions relating to the processing of personal data (including KYC data collected in connection with the Token Sale) should be directed to privacy@valtfoundation.com, VALT’s Data Protection Officer contact.