# Plasm Network Token Allocation

**URL:** https://forum.astar.network/t/plasm-network-token-allocation/472
**Category:** Economics
**Created:** [January 23, 2021, 1:58pm UTC](https://forum.astar.network/t/plasm-network-token-allocation/472 "2021-01-23T13:58:12Z")
**Posts on this page:** 6
**Page:** 1

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### Author: ![sota](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/sota/32/1610_2.png) [@sota](https://forum.astar.network/u/sota)
#### Post date: [January 23, 2021, 1:58pm UTC](https://forum.astar.network/t/plasm-network-token-allocation/472/1 "2021-01-23T13:58:12Z")

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![Screen Shot 2021-01-23 at 22.51.03](https://us1.discourse-cdn.com/flex020/uploads/plasmnet/original/1X/0035d8cf0f357ba5179c6d5e32cda77978dbc585.jpeg)

65% of all tokens are distributed to the community and 35% of all tokens are managed by Stake Technologies and Plasm Network foundation (We will found a foundation in 2021Q3 or Q4).

We allocated 35.5% for bidding a 2 year Parachain slot. This number seems to be sufficient judging from other potential Parachains (e.g Acala 34%, Moonbeam 15% for PLO).

From the beginning, our goal is to make a DAO. We will decrease our allocation in coming 2 years.

Learn more from here: [Token Allocation - Plasm Network](https://docs.plasmnet.io/learn/token-economics/token-allocation)

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### Author: ![spidey](https://avatars.discourse-cdn.com/v4/letter/s/ac91a4/32.png) [@spidey](https://forum.astar.network/u/spidey)
#### Post date: [February 3, 2021, 6:40pm UTC](https://forum.astar.network/t/plasm-network-token-allocation/472/3 "2021-02-03T18:40:04Z")

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Hi @sota. Thanks for the post. I participated in the 2nd lockdrop 🙂 . Can individual users participate in the parachain auction? Is that the 3rd lockdrop or something else, sorry I am not familiar with the parachain auctions. Apologies if this has already been explained.

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### Author: ![Maarten](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/maarten/32/4735_2.png) [@Maarten](https://forum.astar.network/u/Maarten)
#### Post date: [February 3, 2021, 6:41pm UTC](https://forum.astar.network/t/plasm-network-token-allocation/472/4 "2021-02-03T18:41:10Z")

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Yes correct, that’s indeed the 3rd lockdrop.  
When you join this lockdrop you would help Plasm win the auction to become the first parachain on Polkadot 🙂

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### Author: ![spidey](https://avatars.discourse-cdn.com/v4/letter/s/ac91a4/32.png) [@spidey](https://forum.astar.network/u/spidey)
#### Post date: [February 3, 2021, 6:42pm UTC](https://forum.astar.network/t/plasm-network-token-allocation/472/5 "2021-02-03T18:42:05Z")

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Thanks for a prompt response, I thought so too 🙂 Will ETH be accepted for this lockdrop also or only DOT? Thanks

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### Author: ![Maarten](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/maarten/32/4735_2.png) [@Maarten](https://forum.astar.network/u/Maarten)
#### Post date: [February 3, 2021, 7:09pm UTC](https://forum.astar.network/t/plasm-network-token-allocation/472/6 "2021-02-03T19:09:46Z")

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Only DOT for the Polkadot PLO  
KSM for Kusama PLO 🙂

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### Author: ![veptagg](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/veptagg/32/388_2.png) [@veptagg](https://forum.astar.network/u/veptagg)
#### Post date: [February 4, 2021, 3:39am UTC](https://forum.astar.network/t/plasm-network-token-allocation/472/7 "2021-02-04T03:39:20Z")

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PLM Token allocation are great I’ll give 5 start rating for this.
