On-chain derivatives protocol Variational sets $VAR TGE for Q4 2026 with 32% genesis allocation
On-chain derivatives protocol Variational has scheduled the TGE for its $VAR token for the fourth quarter of 2026. The initial token distribution includes 32% for genesis, 18% for ecosystem reserves, and 50% for the team and investors. Genesis tokens will be airdropped based on Variational point holdings and will be 100% unlocked at TGE. Team and investor tokens are subject to a 12-month lock-up followed by a minimum three-year vesting period. The project plans to use all revenue directed to the treasury to buy back and burn $VAR. The TGE was delayed from the original Q3 2026 target due to a major strategic partnership. Before the TGE, the project will conclude private testing, launch Omni on the public mainnet, and release trading APIs.
Summaries are written by AI from the original article. Not investment advice.