Tokenomics
The $SMILEE Tokenomics.
Here’s the first breakdown of the overall allocation, based on a total supply of 10,000,000 $SMILEE:
Community Airdrop (including Caveau): 31.50%
Foundation & Future Expansion: 35.40%
Core Team: 15.40%
Investors: 12.80%
Advisors: 4.90%
The unlock schedule for each category is instead as follows:
Community Airdrop (including Caveau): unlocked D1, no cliff, no vesting;
Foundation & Future Expansion: 6 months cliff, 24 months vesting;
Core Team: 6 months cliff, 18 months vesting;
Investors: 6 months cliff, 12 months vesting;
Advisors: 6 months cliff, 12 months vesting.
First things first, the Community Airdrop already includes the Caveau mechanic, which allocates 15.75% of the supply, meaning that the unlocked day-one airdrop allocation is 15.75%, an even split reaching 31.5% in total.
To understand how the Caveau works, you can read the article we published one week ago on this topic: you can find it at the end of this article in the section "Useful Materials".
The unlock timeline is as follows:
Community Airdrop: 15.75%, liquid from day one, immediately claimable
Caveau: 15.75%, liquid from day one, immediately claimable if users lock BERA with a ratio of 4,20:1 within the gFund;
The Community Airdrop breakdown is as follows, and the percentages are calculated by taking into account the overall token supply (31.5%):
Love Score: 21.51%
Burnee (Smilee NFTs): 4.25%
Community Kings: 1.18%
Discord Roles (G.A.Y. Thunder, G.A.Y. Storm, G.A.Y. Burner, Ultra G.A.Y. Burner, Rugged by BURR): 0.22%
Affected by Tedism: 0.4%
Super Bull-ish: 0.2%
Arbitrum Genesis LP: 2.76%
Arbitrum Competition: 0.98%
As said above, 15.75% of the $SMILEE total supply will be directly available from day one to Smilee community members, ecosystem participants, and liquidity providers, rewarding their contributions throughout both the Arbitrum and Berachain eras.
This allocation of $SMILEE will be unlocked at day one, liquid, no cliff, no vesting.Another 15.75% is redirected to the Caveau, bringing the total allocation of the overall airdrop system to 31.5% - the biggest Berachain’s airdrop to date.
Users will have one week (seven days) to claim their airdrop, starting from the TGE date and showing in the countdown visible at the token claim page - if they do not claim their allocation, their quota will be burned right after the expiration claim window.
The checker will be available at the very same time as the Token Generation Event. You will not need to connect your wallet to see how much $SMILEE you will receive, adding an extra layer of security. Obviously, to claim them you will then have to connect your wallet.
The following users and groups qualify for the $SMILEE airdrop:
Love Score: 21.51%
Including Caveau allocation, up to: 10.75%
For those who provided liquidity in Smilee’s featured pools on the Berachain mainnet during Season One and Season Two, as well as for those who minted wgBERA.
Multipliers for specific pools were calculated based on the USD value of the LP tokens held by each user.
The snapshot was taken on October 29, 2025, at 5 PM UTC, and the eligible users were the one above 15,000 points (meaning holding at least 69$ in LP value for less than 2 months in a 4x Love Score pool).
The eligible pools in Season One and Season Two were as follows:
wBERA-wgBERA (Burrbear)
wBERA-wgBERA (BeraHub)
wgBERA-NECT (Burrbear)
wgBERA (WeBera)
BR-wgBERA (Arbera)
wgBERA (BeraBorrow)
wgBERA-BURR (Burrbear)
wgBERA-YEET (Kodiak)
wgBERA-iBERA (Kodiak)
wgBERA-swBERA (BeraHub)
wgBERA-swBERA 20/80 (BeraHub)
wgBERA-swBERA 80/20 (BeraHub)
wgBERA-iBERA (Kodiak)
Burnee (Smilee NFT): 4.25%
Including Caveau allocation of: 2.125%
This allocation is reserved for those who bridged the Smilee Beras, Happee Beras, and Hornee Beras NFTs from Arbitrum to Berachain and burned them through Burnee, a dedicated website available from October 10 to 20, 2025.
Smilee Beras were released in August 2024, Happee Beras in October 2024, and Hornee Beras in November of the same year.
All collections were available as free mints on Kingdomly. Users who did not burn their NFTs via Burnee during the specified period (October 10-20, 2025) are not eligible for this allocation.
Since the three NFT collections featured specific rare traits and were subject to wide, unregulated market speculation, we decided to track them through Burnee, categorizing each NFT as either “Common” or “Rare” based on its metadata.
“Common” Smilee Beras;
“Rare” Smilee Beras (+20% value compared to Common): the Rare Traits for Smilee Beras were “Kodiak Iceberg”, “Ramen Finance”, “Gummi Bear”, “Beradrome Cap”, “Chef Hat”, “Infrared Eye”, “Berabaddies Earring”;
“Common” Happee Beras;
“Rare” Happee Beras (+20% value compared to Common): the Rare Traits for Happee Beras were “Smilee Chef Hat”, “Ramen Finance Bowl”, “Poo Yeet Body”, “Kodiak Dessert”, “Infrared Eye”, “Gummi Peluche”;
“Common” Hornee Beras;
“Rare” Hornee Beras (+ 20% value compared to Common): the Rare Traits for Hornee Beras were “Ramen Bikini” and “Kodiak Shirt”.
Community Kings: 1.18%
Including Caveau allocation of: 0.59%
Those who actively contributed to Smilee’s success by organizing events and activations for the Discord community, moderating various channels, and providing valuable advice on multiple topics.The Community Kings have a dedicated role within the Smilee Discord, and they have been pillars of the Smilee community for years.
G.A.Y. Thunder: 0.045%
Including Caveau allocation of: 0.0225%
Those who actively supported the Smilee Finance validator on Berachain by delegating at least 169 BGT. Following a hard fork on September 3, 2025, the Smilee Finance validator changed its contract address; users who continued delegating to the old validator without switching to the new one are not eligible for this role.
G.A.Y. Storm: 0.054%
Including Caveau allocation of: 0.027%
Those who actively supported the Smilee Finance validator on Berachain by delegating at least 1000 BGT. Following a hard fork on September 3, 2025, the Smilee Finance validator changed its contract address; users who continued delegating to the old validator without switching to the new one are not eligible for this role.
G.A.Y. Burner: 0.036%
Including Caveau allocation of: 0.018%
Those who burned at least one Smilee Bera NFT during the Berachain Testnet.
This Discord role was assigned during specific events, such as The Great Burn, which took place just a few days after the Hornee Beras NFT mint in November.
Smilee Beras NFTs burned after the Berachain mainnet launch in February 2025 are not eligible for this role.
Ultra G.A.Y. Burner: 0.045%
Including Caveau allocation of: 0.0225%
Those who burned at least one Happee Bera NFT or Hornee Bera NFT during the Berachain Testnet. Moreover, this Discord role was unlockable if a user previously had burned at least a Smilee Beras, having already a G.A.Y. Burner tag associated with his/her Discord account. Smilee Beras, Happee Beras or Hornee Beras NFTs burned after the Berachain mainnet launch in February 2025 are not eligible for this role.
Arbitrum Genesis LP: 2.76%
Including Caveau allocation of: 1.38%
Those who pre-committed and provided liquidity to the Smilee Genesis Pools on Arbitrum Mainnet, as part of an exclusive program called “Genesis” for top community members. The eligible pools were: wBTC/USDC, ETH/USDC, ARB/USDC, and GMX/USDC.
Arbitrum Competition: 0.98%
Including Caveau allocation of: 0.49%
Those who took part in the Arbitrum Smilee Competition during its Testnet time-frame before launch.
Those who ranked in the top tiers got an allocation of $SMILEE tokens as an award for their capability in reading the market swings and timing them perfectly by using the Impermanent Gain options.
Rugged by BURR: 0.036%
Including Caveau allocation of: 0.018%
Those who deposited into the wgBERA-BURR pool on Burrbear on the Berachain Mainnet are eligible. This serves as a small compensation for depositors affected by the new Love Score update released on October 9, which changed the underlying multiplier from referencing the number of LP tokens to their USD value.
Affected by Tedism: 0.4%
Including Caveau allocation of: 0.2%
Those who proudly hold at least more than one Steady Teddy and have consistently supported Smilee Finance across Twitter and Discord, earning a place on a curated list of wallets selected by Steady Teddys team.
To unlock the badge required more than just owning a Teddy, it came from active engagement and genuine support, and well… de-listed Teddys matter. Plus, if you dare to ask, Mop's wallet address has been removed from the list to ensure a fair distribution.
What’s the reasoning behind it? We truly believe the Steady Teddys are the seventh rebase of this chain, and the incredible mindshare they hold is no coincidence. They built it day by day, and their support for this token launch has been unmatched.
Super Bull-ish: 0.2%
Including Caveau allocation of: 0.1%
Those who demonstrated the strongest conviction by holding more Bullas NFTs than anyone else, ranking among the Top 69 Holders.
This group also includes users who earned the “Mootard” role in the Bullas Discord server, those who were quick enough to register their wallet address in the Bullas form before it closed, and those who hold a Bullas 1/1 (except the #6, owned by Mop).
What’s the reasoning behind it? Bullas demonstrated that a blend of DeFi and NFTs is possible, and their strong support in using wgBERA as the main token for their DeFi flywheels is something we should acknowledge with a $SMILEE stim. Long live Bullas!
Foundation & Future Expansion: 35.40%
A total of 35.40% of the $SMILEE total supply is allocated to the Smilee Foundation.
These tokens are subject to a 6-month cliff followed by linear vesting over the next 24 months.The only exception within the Foundation’s terms is a small part of the supply which will be unlocked on day one to seed the main liquidity pool, allowing users to swap $SMILEE against different assets on Berachain.
The Foundation aims to use its $SMILEE allocation responsibly to support ecosystem initiatives across Smilee (wgBERA), Beranames, Swappee, and upcoming future expansion of the overall Smilee ecosystem.
We have great plans.
Core Team: 15.40%
A total of 15.40% of the $SMILEE total supply is allocated to the Smilee Core Team, aka those who contributed in building Smilee Finance since the early days on Arbitrum.
These tokens are subject to a 6 month cliff followed by linear vesting over the next 18 months.
Investors: 12.80%
A total of 12.80% of the $SMILEE total supply is allocated to Smilee Investors, the ones who helped bootstrap and refine the vision of Smilee since the Arbitrum era.
A sincere thanks goes to all our investors, who are often unfairly demonized, yet play an essential role in making it possible for builders like us to turn an idea into reality.
These tokens follow a 6 month cliff. Once the cliff ends, the remaining amount vests linearly over the following 12 months.
Advisors: 4.90%
A total of 4.90% of the$SMILEEtotal supply is allocated to Smilee Advisors, those who contributed by providing important feedback, helped build events, and overall added incredible value to all our products.These tokens follow a 6 month cliff. Once the cliff ends, the remaining amount vests linearly over the following 12 months.
Last updated