Initially the total amount of VALOR equal to 100,000,000 was created. Withing this number following allocation has been set up originally:

  • 45% - reserved during the initial Pre-sale and ICO. Legal commitment was made to burn all remaining tokens from this pool before the end of 2019.
  • 26% - retained for future development. This fund is locked-up for 3 years 2017-2020.
  • 19% - for the team, founders, current and future employees and advisors 
  • 5% - for bounties and network growth
  • 5% - liquidity fund

In December 2019 SMART VALOR executed burn (unrecoverable destruction) of 25'000'000 VALOR, following its legal commitment to burn tokens remaining in the initial sale pool of 45%.

Read here about the execution of the VALOR burn in December 2019: