Tangible Token (TNGBL)
Max Supply: 33,333,333
Below table is correct as of 2nd May 2022, will vary based on 3,3+ Positions being minted or early claims
Category | Number of tokens | Vesting | % of supply |
---|---|---|---|
Instant liquidity engine | 100,000 | Unlocked | 0.38% |
Dex Listing, future CEX listing and liquidity | 69,420 | Unlocked | 0.27% |
Pre Seed and advisors | 1,255,800 | 4 year 3,3+ NFTs | 4.81% |
Team | 3,097,755 | 4 year 3,3+ NFTs | 11.87% |
IDO | 325,572 | 4 year 3,3+ NFTs | 1.25% |
Tangible Labs | 2,499,993 | 4 year 3,3+ NFTs | 9.58% |
Bounty | 54,750 | 4 year 3,3+ NFTs | 0.21% |
DAO | 1,605,035 | 4 year 3,3+ NFTs | 6.15% |
Community (GURU - TNGBL swap) | 16,884,935 | 2- 4 year 3,3+ NFTs | 64.73% |
Remaining to be swapped from GURU | 193,802 | 2- 4 year 3,3+ NFTs | 0.74% |
3,3+ introduces new — and merges existing — concepts that ultimately create a new token model. It’s designed from the ground up, for our specific use case, building on both (3,3) and (ve3,3).
- 1.A multiplier that rewards you more for locking staked tokens for longer periods of time.
- 2.Native token rewards per block. One portion can be claimed immediately, while the rest can be claimed early by sacrificing future returns.
- 3.Known Max Supply: 33,333,333 tokens.
- 4.USDC rewards, 66% of marketplace revenue is distributed to holders that have locked their tokens with 3,3+ NFTs
- 5.Buy and burn, 33% of marketplace revenue is used to buy and burn the token
- 6.Early-user rewards attached to TNFTs (Tangible non-fungible tokens)

Upon launch, anyone can head to https://www.tangible.store/ and lock their TNGBL tokens for a period of up to four years. You receive a multiplier based on the length of lock you choose. When you lock your tokens, you receive a 3,3+ NFT that represents your position, and also allows you to claim TNGBL and USDC rewards.
The longer you lock your tokens, the higher your multiplier. The very highest multipliers, though, will be available immediately after launch. The early participants, who are taking on the most risk, will be rewarded the most.
Max multipliers available (48-month lock) reduce using the following schedule:
Ignition phase:
- Day 1, multiplier=25.0x
- Day 2, multiplier=22.5x
- Day 3, multiplier=20.0x
- Day 4, multiplier=17.5x
- Day 5, multiplier=15.0x
- Day 6, multiplier=15.0x
Then onwards:
- Month 1, multiplier=14.6x
- Month 2, multiplier=13.8x
- Month 3, multiplier=13.1x
- Month 4, multiplier=12.3x
- Month 5, multiplier=11.6x
- Month 6, multiplier=10.9x
- Month 7, multiplier=10.3x
- Month 8, multiplier=9.7x
- Month 9, multiplier=9.1x
- Month 10, multiplier=8.5x
- Month 11, multiplier=7.9x
- Month 12, multiplier=7.4x
- Month 13, multiplier=6.9x
- Month 14, multiplier=6.4x
- Month 15, multiplier=5.9x
- Month 16, multiplier=5.5x
- Month 17, multiplier=5.1x
- Month 18, multiplier=4.7x
- Month 19, multiplier=4.3x
- Month 20, multiplier=4.0x
- Month 21, multiplier=3.6x
- Month 22, multiplier=3.3x
- Month 23, multiplier=3.0x
- Month 24, multiplier=2.7x
- Month 25, multiplier=2.5x
- Month 26, multiplier=2.2x
- Month 27, multiplier=2.0x
- Month 28, multiplier=1.8x
- Month 29, multiplier=1.6x
- Month 30, multiplier=1.4x
- Month 31, multiplier=1.2x
- Month 32, multiplier=1.1x
The multipliers are only available until the total supply, which includes all future rewards from 3,3+ NFTs, has been reached. So minting new 3,3+ NFTs with a multiplier is limited to the time when the max supply of tokens has not been exceeded.

Although the initially-staked $TNGBL tokens are locked for a certain period of time, any NFT that has the TNGBL tokens attached can be sold on the TangibleDAO 3,3+ NFT marketplace.
This will create a secondary market for 3,3+ NFTs, which will allow long-term stakers to exit their position without causing any sell pressure on the underlying token.
Although the initial tokens are locked until the end of the selected lock-period, a portion of the multiplier rewards are available for claiming, per block. That portion of claimable rewards will grow as the end of the lock period nears.
You can also claim a portion of the locked rewards early, in exchange for a reduction in multiplier.
The max supply for the TNGBL token is 33,333,333. The 3,3+ NFTs can only be created if the token is not currently at the max supply cap. If the token is at the max supply cap, you can still lock your tokens to receive protocol revenue, but there will be no multiplier.
All protocol fees accrue to token holders, and 66% are available to claim by 3,3+ NFT holders. The amount each 3,3+ NFT entitles you to claim is proportional to the max claimable amount in that NFT, and the total max claimable of all NFTs.
That means that if you claim some TNGBL rewards from your 3,3+ NFT, and no-one else does, then your portion of the future USDC rewards will decrease.
Locking your TNGBL tokens will allow users to lay claim to current and future potential revenues. Longer lockups result in a larger claim on future revenues due to the multiplier. Once the max supply is reached 3,3+ NFTs can still be minted with no multiplier and with a minimum lock period of 2 months to access USDC rewards.
33% of Tangible marketplace revenue is used to buy and burn the Tangible token.
As we've reached max cap for TNGBL, early user rewards rates are no longer available at the previously marketed rates.
The current rate of return for any new TNFT mint is 0.05%.
Each time a new product is minted and sold on the Tangible Marketplace, a portion of the sale is used to purchase TNGBL tokens, which are then attached to the TNFT. These tokens are locked for the entirety of the initially-purchased storage period using the same multipliers as 3,3+ NFTs.
These rewards are compatible with fractions, i.e if you split your TNFT the fractions will continue to receive rewards.
Given an initial balance of X TNGBL, the locked supply grows according to the following formula:
When currentTime increases to endTime, the full amount X multiplier is accrued by the user.
Additionally, not the whole profit is available to withdraw; the amount of the profit freely available to withdraw is proportional to the squared time since the NFT was minted:
Users can withdraw in full the free amount at any time (though, as noted above, this impacts the share of Tangible’s revenue the user can earn). The user can also withdraw larger amounts, over the free amount, though never more than the total accrued profit, subject to the following limits:
The part of total profit over the free amount is called restricted profit:
Whenever the user withdraws a fraction F% of the restricted profit, the NFT’s multiplier drops by F%.
For example:
- An example NFT has a multiplier of 10 and 150 TNGBL locked in
- Half-way through the NFT’s lifetime, the accrued profit is 150 (10–1) (0.5)2=337.5
- Of that, 84.375 is free profit, which can be withdrawn without affecting the NFT. Remaining 253.125 is restricted profit.
- Suppose the user withdraws a total of 100 TNGBLs. This is over the free amount, but within the total accrued profit.
- This means that 15.625 TNGBL is drawn from the restricted profit
- NFT’s total multiplier drops by a factor of 15.625 / 253.125 = 6.2%, to 9.38
The evolution of total profit and free profit is illustrated on the plot below:
To determine the NFT’s multiplier, two components are considered: base multiplier and period multiplier. Base multiplier starts off at 25, dropping to 15 over the first 5 days, then decaying linearly to 5 at the end of the 4 year period. The period component is a decaying term, providing a higher premium when a longer look-up is used. The total multiplier for an NFT with lock-up time of N months is equal to
Thus, locking in on the first day for the whole period of 4 years gives the full base multiplier reward. Locking up for a shorter period gives a discount on the base multiplier. For example, locking up for 2 years instead of 4 years gives a quarter of the base multiplier available on the day. These two effects combined give the multiplier plot which can be seen above. Note that after 32 months, the multiplier drops to 1, i.e. the break even amount. This encourages earlier lock-ups, at a higher multiplier.
Last modified 2mo ago