APW

Updated 17 June 2024.

On July 10th, 2023, APWine rebranded to Spectra. The APW token, ticker, supply, and other characteristics remain unchanged, apart from the visual token identification.

Ticker: APW Networks: Ethereum Mainnet, Polygon Token contracts: 0x4104b135dbc9609fc1a9490e61369036497660c8 0x6c0ab120dbd11ba701aff6748568311668f63fe0 Max Total Supply: 50,000,000

Token utility

• Voting on governance proposals

• Gauge incentives participation

• Earn APW incentives for locking (as voted in SIP 0)

• Bribes for gauges votes

• Protocol revenues* (upon fee switch activation)

*Subject to governance approval.

Additional utilities may be added through the governance process.

DAO Reserves

Mainnet: 0xDbbfc051D200438dd5847b093B22484B842de9E7

Arbitrum: 0x417c5997fc9f1fD341742C71dE9b1908028Fe381

Reserves Use Governance-approved causes, such as powering APW incentives to pools dictated by the gauges system or bounties.

Both addresses are secured by a 3/5 multisig, which will be progressively decentralized.

Vesting Contract

Address: 0x16d96ba86512b4f8d10bd74b1061d9f576d9c55d

Anyone can check the number of vested and claimable tokens in the vesting contract by calling the contract using claimableAmountFor to see what can be claimed and TotalLockedOf for what is still locked.

Perspective SAS sold APW through private rounds (or OTC) to sustain its funding needs. These deals involved vesting, so tokens that became liquid were vested again. The vesting contract is used, or the tokens are held directly in the wallet and sent upon request if a claim is made.

Status

• Investors and advisors from the 2021 Seed Round are fully unlocked.

• Team allocation is vested until May 21, 2025, and is included in the vesting contract.

• Perspective SAS did an extension round in 2022 with a linear vesting that ends in late April 2025

• The vesting contract can also be used for new team members' allocation or OTC deals on behalf of Perspective SAS.

Tokenomics Changelog

• May 2024: veTokenomics update (SIP 0)

• March 2024: Update to APW lock incentives (SGP 0)

History of Grants, TGE and Raises

The following events are linked and provide more information, e.g., on the size of the raise, token allocation, or FDV at the time.

• Q1 2021 - Seed Round led by Delphi Ventures

• Q2 2021 - Liquidity Bootstrapping Event

• 2022 - Seed Extension Round led by Greenfield Capital

Note: Small extensions and OTC deals executed by Perspective SAS are not communicated unless they are strategic, however, all activities in that regard can be tracked via the vesting contract.