📊Tokenomics
Total Supply
The total minted supply of NOVA at launch is 500 MM tokens of which 450 MM is burned. A key differentiator of the Supernova protocol is its advanced vested-escrow mechanism, which enhances traditional ve(3,3) frameworks by innovating how locked tokens affect supply metrics. Unlike conventional models where all ve-locked tokens remain included in the Total Supply, Supernova introduces a dual veNFT architecture combined with a built-in burn mechanism:
Singularity veNFT: functions similarly to existing ve protocols with lock durations ranging from one week to four years.
Supermassive veNFT: involves a permanent lock achieved by burning the underlying NOVA tokens. Holders of Supermassive veNFTs benefit from three distinct advantages:
non-decaying voting power
10% rebase bonus
10% voting power boost
Each issuance of a Supermassive veNFT permanently removes the corresponding NOVA tokens from circulation by sending them to a burn address. This deflationary mechanism progressively reduces the total NOVA token supply, enhancing scarcity and supporting sustainable long-term value accrual. By combining deflationary mechanics with functional utility, Supernova establishes a uniquely resilient and value-accretive tokenomics model.
50 million tokens will be the circulating supply at launch, with 10 million allocated to the initial liquidity pool and 40 million dedicated to voter incentives. The remaining 450 million tokens have been burned, permanently removing them from circulation.
This includes 150 million tokens that have been burned to mint a Supermassive for Public Goods, which will serve as a yield-generating asset, providing sustainable funding for future Escape Velocity Seasons, voter incentive programs, and other ecosystem growth efforts.
Team and foundation tokens have also been burned to mint Supermassive veNFTs, effectively removing these tokens from circulation. The team and foundation retain only the Supermassive veNFTs and hold no vested NOVA tokens, ensuring no future selling pressure from vested allocations. This mechanism is a core innovation of the Supernova protocol, setting it apart from traditional ve(3,3) models that rely on vested escrow systems without a token-burn component.
We designed our tokenomics and the sizeable airdrop with the intent to give back to our loyal community that have helped us build Blackhole, the leading DEX on Avalanche, and give them ownership and the right to earn part of the protocol revenue from our next-gen ve3,3 DEX on Ethereum. A total of 132 MM tokens will be burned to airdrop the corresponding Supermassive veNFTs to the community, distributed as follows:
8 million tokens allocated to the Cosmic Ignition Liquidity Acceleration Program, an additional incentives program on top of the liquidity incentives that contributors already receive as part of the ve(3,3) flywheel.
20 million tokens airdropped to Warp Speed participants
104 million tokens allocated to Supermassive veBLACK holders
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