Tokenomics
- Future Development - 8.33% (83,300,000 tokens)
- Operating Expenses - 8.33% (83,300,000 tokens)
- Team - 8.33% (83,300,000 tokens)
- Community & Strategic Partnerships - 70% (700,000,000 tokens)
- Private Placement for Initial Burning - 5% (50,000,000 tokens)
Future Development / Operating Expenses / Team
1½ years cliff period followed by
- Year 1 unlock 30%
- Year 2 unlock 7.5% every quarter
- Year 3 unlock 10% every quarter
Community & Strategic Partnerships
Based on approved governance proposals
Private Placement
Already bought back and burned
Token burning mechanism is an anti-inflation solution. We are using the following method to increase the value of our token without shocking the system:
A dynamic percentage from our revenue (transaction and platform fees) is being used to buyback and burn our token to achieve a healthy, and sustainable positive virtuous cycle.
- In total, we will destroy and burn 50% of all our tokens. Eventually 500M tokens will be destroyed
Last modified 2mo ago