Tokenomics and Distribution
$EYT serves as the primary utility token for the EasyToken platform, fueling every transaction within this ecosystem. A unique aspect of $EYT transactions is that a portion of each successful transaction is used to automatically purchase and burn $EYT tokens. This mechanism not only reinforces $EYT's utility as the main token of the platform but also promotes hyper-deflation of the token, especially as the platform gains widespread adoption.
Here's a concise overview of the $EYT tokenomics and distribution:
Total Supply: The total number of $EYT tokens is 100 million.
Initial Circulating Supply: Initially, 10 million $EYT tokens will be in circulation.
Token Tax: There's a 0.3% tax on transactions. Of this, 80% is directed to the treasury, and 20% is allocated to the Liquidity Pool.
The initial distribution of $EYT is as follows:
EasyCorp Staking Pools: 54% of the total supply is reserved for EasyCorp staking pools, accessible over a period of four years.
EasyCorp NFT and Diamond Hands Holders: 2% is set aside for holders of EasyCorp NFTs and Diamond Hands.
Initial Liquidity Pool: 10% is dedicated to the initial liquidity pool on the ETH and BNB chains.
EasyCorp Treasury: 20% is allocated to the EasyCorp treasury to support development and operational activities.
Team Incentives: 2% is designated as team incentives, vested over four years.
EasyToken User Incentives System: 5% is assigned to bolster EasyToken adoption, available over four years.
EasyToken Staking Program: Finally, 7% is allocated to the EasyToken staking program, to be distributed over four years.
This distribution strategy is designed to ensure a balanced and sustainable growth of the $EYT ecosystem, aligning with the long-term objectives of the EasyToken platform.
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