# Token Economics

The company has minted 150,000,000 Greenheart CBD Token tokens. 

* 1 CBD Token = 10 US cents ($0.10). The initial token is a BEP20 token. Bridges to other protocols may be added at a later date. 
* The CBD TOKEN project provided token holders with a Staking option (approx. 5-50% APY). The token issuer is a company based in the British Virgin Islands (BVI). It is a majority owned subsidiary of Greenheart CBD, the Irish parent company.
* The project sold 35% of CBD Token tokens in the private and public sale. 

Full break down of the token allocation is below: -

![Figure 5. Greenheart CBD Token Token Allocation](https://2303686898-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F2qOOsCywzCHMSvNko2nk%2Fuploads%2FIiMOQx2xlfrcfq4LFg3N%2Fallocation.PNG?alt=media\&token=b1ee1c8c-339e-45c8-ba77-dac6d40f15ff)

The tokens were vested for investors on the following schedule: 

* **Private Sale:** Tokens vested 25% monthly over a 4-month period. 
* **Public Sale:** Tokens vested 12.5% weekly over an 8-week period. 
* **Tokens allocated to advisors, team members and ecosystem partners** were vested over a 12-to 24-month period. 

The use of funds raised for the project is as follows: -

![ Figure 6. Greenheart CBD Token Use of Funds](https://2303686898-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F2qOOsCywzCHMSvNko2nk%2Fuploads%2FsqXsjasfTX1p6Gu1QP0m%2Fuseoffunds.PNG?alt=media\&token=3ddb5d62-c73e-4bfe-a154-c72f1e8f55a8)