🪙Tokenomics
Tokenomics refers to the economics of a cryptocurrency project, specifically how the tokens are distributed and used within the ecosystem. In this particular project:
60% of the tokens are allocated to the liquidity pool, which helps ensure that there is enough liquidity for trading on exchanges and stabilizes the token price.
10% of the tokens are dedicated to marketing efforts, such as promoting the project, attracting users and investors, and raising awareness in the community.
Another 10% of the tokens are reserved for the team, which incentivizes the developers and other team members to work on the project and contribute to its success. ( 5 % on tge 5 % locked)
10% of the tokens are allocated to mining, which involves the process of getting allocated tokens through mining(locked)
10% of the tokens are set aside for staking, a process where users lock up their tokens to support the network and are rewarded with additional tokens.(locked)
Overall, it aims to strike a balance between incentivizing various stakeholders, ensuring liquidity and stability in the market, and driving adoption and growth of the project.
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