# Premine Distribution

| **Protocol Stage** | **Share** | **Max. Allocation** | Allocated | Burned     |
| ------------------ | :-------: | ------------------- | --------- | ---------- |
| Public Ceremony    |    70%    | ~~35,000,000 SOUL~~ | 1,182,636 | 33,817,637 |
| Whitelist Vesting  |    15%    | ~~7,500,000 SOUL~~  | 0         | 7,500,000  |
| Airdrop Rewards    |    10%    | ~~5,000,000 SOUL~~  | 137,031   | 4,862,969  |
| Initial Liquidity  |     5%    | ~~2,500,000 SOUL~~  | 50,644    | 2,449,356  |
| **TOTAL (MAX)**    |    100%   | 50,000,000 SOUL     | 1,370,311 | 43,766,993 |

Any amount that is **left**, after our **whitelist** **vesting** period terminates, will be **burned**. Likewise, any **remaining** allocation, from our **public** **ceremony**, will also be **burned**.

After accounting for the burns, **50% of the FTM contributed will match the initial liquidity at a rate of 1 FTM to 1 SOUL up to a total of 2.5M SOUL**. Please note that the **initial liquidity** and the **airdrop rewards** will both be the ***lesser***** of the maximum allocation and 5 and 10% of the circulating supply** (after accounting for burns), respectively.\
\
For example, suppose there are **17M SOUL** taken up during the **public ceremony** and the **whitelist vesting** periods. **Recall**: airdrop rewards are **10% of the total *****adjusted***** allocation.** \
\
The **adjusted allocation** would equal **17M / 85% = 20M**, therefore the **adjusted airdrop rewards** would be **10% of 20M** = **2M,** ~~not **5M**~~. The reason for this is to ensure contributors to our ceremony are provided with the peace of mind that ***airdrop rewards will always be a steady constant of 10% of the total raise, regardless of how much is raised*****.** Similarly, we have a guaranteed rate for the initial liquidity, so we require **5% of the total raised for the DAO allocation**, which is **50% of the total FTM raised**.<br>


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