1. Project introduction

Azuro is an infrastructure/liquidity layer for on-chain predictions. It utilizes a new Liquidity Pool design, the Liquidity Tree, which creates and maintains market liquidity.

Azuro supports thousands of sports markets & other games, plus a rich feature set, which can be utilized by anyone permissionlessly for the creation of various apps, embedded integrations or derivative products.

To begin, make clear the distinctions between the different areas of "Azuro", some of which may confuse new users.

The Azuro Protocol: A suite of upgradable smart contracts that together create a protocol which can be used permissionlessly for the creation of prediction applications & products with ERC-20 tokens on EVM-compatible blockchains.

The Azuro Components: Web components that make it quick & easy to build applications on Azuro Protocol. The interface is only one of many ways one may build a dApp.

Azuro DAO: A governance system for governing the Azuro Protocol. The system is expected to transition and be enabled by the AZUR token, once the token is launched.

2. Team introduction

Core Contributor - Rossen Yordanov

Rossen Yordanov is a core contributor to Azuro and was previously the Vice President of Paysafe Group.

Core Contributor - Dmitry Globenko

Dmitry Globenko is a core contributor to azuro. He graduated from Moscow State University of Management and Blockchain Academy, Russia.

Core Contributor - Philipp Tsagolov

Philipp Tsagolov is a core contributor to azuro and was previously the Business Development Manager at BitClave. He graduated from Moscow State University.

3. Token application and distribution

Token application:

- Governance: AZUR will be used to vote on governance proposals on matters regarding the Azuro protocol, such as General risk management frameworks, New product prioritization, Ecosystem and Community grants, The rewards distribution mechanisms for protocol participants, Infrastructure integrations, and others.

- Predictions in AZUR: an AZUR Liquidity Pool with zero odds-spread. A pool in the native token with no house edge, thus powering the most appealing prediction markets for price-sensitive users, in the world.

- The SuperCombo Game: participants can predict 15 different events packaged as a combo bet using USDT (or another stablecoin) for a chance to win a big Jackpot in AZUR (if they hit all 15). The game is powered by AZUR holders staking their AZUR in the dedicated SuperCombo liquidity pool, earning stablecoin rewards from user activity.

- Azuro Ecosystem Rewards V2: currently the Azuro economy is flat allowing only one reward level for applications/frontends. Rewards V2 will introduce a tiered rewards distribution system through a dynamic AZUR bribing mechanism.

- Staking: staking rewards via the Azuro Zero Emissions Model (ZEM).

Token distribution:

Ecosystem & Community Incentives

37.5% of AZUR is allocated to developing the Azuro ecosystem.

92M AZUR (9.2% of the total supply) will be unlocked at the TGE. The rest of the allocation includes the 3% Azuro Score airdrop vesting linearly over 6 months, while 25.3% has a 6-month lockup, after which it unlocks linearly over next 42 months. It will be used for the upcoming Azuro Waves incentive program, DEX liquidity provision incentives, as well as an Ecosystem fund, infrastructure initiatives, and more.

DAO Treasury

60M (6% of the total supply) of AZUR is available at TGE and will be used to support AZUR liquidity both on- and off-chain.

The remaining 75M AZUR (7.5% of total supply) are locked for 6 months followed by 30 month linear vesting. It will be used for initiatives that help advance an open predictions & betting industry that is portable, composable, more fair and more fun, onchain.

Investors

The investor allocation represents tokens obtained by value-add investors backing Azuro protocol’s development. Investors are locked for 6 to 9 months, followed by 24 to 30 month linear block-by-block vesting. No investor tokens are unlocked at TGE.

Core Contributors

This portion of the AZUR allocation represents the distribution to the core development team, advisors and partners who have worked on the protocol. All core contributors are locked for 1 year, followed by 30 months linear, block-by-block vesting. No core contributor tokens are unlocked at TGE.