The allocation table

The proposed allocation

The proposed total supply is 9,000,000,000 LOVE9 — nine billion. That figure is a nominal ceiling, not the amount that will circulate. The table below is the proposed allocation, and it applies to both technical branches of the project.

Six things to read alongside the table, because the table alone is easy to misread.

One — a ceiling is not circulation. Genesis issues only six tenths of the total supply; the remaining four tenths sit in a minting fund and leave it only when there is someone signing blocks to pay. At the bonded levels a young network usually has, real minting is very slow — so the amount actually in circulation will sit near what genesis issued, not near the nine billion ceiling. Anyone using nine billion as a denominator to compute anything is computing the wrong thing.

Two — just after genesis, the transferable part is thin, and it is concentrated. Most of the table is locked for years, so what can actually move in the early days is a small slice of the issued amount — and within that slice, more than nine tenths belongs to a single item, the Foundation. This is the number outsiders will add up on day one, so this document adds it up first rather than waiting to be asked.

Three — the genesis validators' self-bond sits at its own address. It comes out of the Foundation item but is not mixed into it. The reason is a safety rule worth remembering: mixed together, one change to the Foundation's lock schedule would silently change the voting weight of the people signing blocks.

Four — the genesis validators' terms are staggered. None of them expires on the same day as another. If they all expired at once the network would stop with no error reported anywhere — the hardest kind of silent failure to diagnose, and the way to prevent it is to stagger the terms while genesis is still being drafted.

Five — the private sale item is different in kind from the other four. It is the only item in the table with fiat money flowing in, and that pulls in a chain of questions no allocation table can answer: sold to whom, under which jurisdiction, through what identity process, along what money path, and where that sale counts as a security. Legal review of that chain of questions is a mandatory gate, and that gate has not been passed. This document states the constraint rather than leaving someone else to discover it later.

Six — the whole table is labelled PROPOSED. It replaces an earlier allocation, and anchored versions of this very document follow the older one. That is why How to read this document tells you to read the latest version and hash it yourself, rather than trusting a copy circulating somewhere.

Nine billion, and why nine billion

The figure of nine billion was not chosen to be round. It was chosen so the total supply is sized to the number of people on Earth:

One LOVE9 for every human being on Earth.

That sentence is about the size of the total supply, and only about its size. It is not an individual entitlement — this document says so plainly, because this is exactly the place where a memorable line gets read as a promise. The share directed at people is the Community item, three tenths rather than the whole; divided evenly among the people alive today, the figure per person is well under one. How it would be divided has not been designed, and will be decided by a vote.

The real population is smaller than nine billion, so the ceiling is more than humanity, not less — and that is the half that makes the sentence hold. If someone presses the point, answer with that half, not with a per-person figure.

⚠️ An earlier version of this document anchored the total supply to nine squared and read it as nine coins per person. That figure has been replaced, and the nine-squared anchor goes with it. Anywhere in the project's documents still saying nine squared is a leftover not yet cleaned up, not another way of saying the same number.

Figure 27 — The five items of the proposed allocation. The two smallest — team and private sale — are the two granted up front, and both are locked for years.

🔴 Where the locks are — and what the chain does NOT enforce

The word locked in the last column above is a stated intention, not a rule the chain enforces — and it is the genesis text itself that says so, not this page inferring it. From the engraved pool_allocation document: "no vesting account, lock or protocol rule holds them, and none can be added to this genesis after block 1. The locks are to be implemented as smart contracts after launch."

Three consequences have to be read alongside it, because without them the table reads as something it is not:

What is worth crediting is that the engraved text declares all three of these itself, rather than describing them as rules already in force. This document reproduces that level of claim and does not raise it.

In short: this allocation table is labelled PROPOSED, and the way to check it is not to trust the table — it is to open the genesis file of the running period and count. The two items granted up front, team and private sale, sit in the table itself rather than in an appendix; and the private sale item is the only one that drags in a legal gate that has not been passed.

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