7. Tokenomics
7.1.1. Finite Number of tokens : Maximum Supply is at 10 billion Tokens
7.1.2. Spend to Unlock : A majority of tokens are only unlocked based on our KPI which is Spend-To-Unlock. This means that the amount of Tokens unlocked are backed by the amount of spending between members and businesses within our network.
7.1.3. Time Based Release : however, we will be releasing a steady percentage of token which is unlock by year or by milestone. This ensure stability in price.
We aim to stabilize the market with staking mechanism. We currently propose 2 mechanism to incentivise our holders to keep their tokens.
7.2.1. Membership Staking
Each member will have to stake some T-tokens in order to move up the ranking of their membership ( ie. Qualified, VIP, VVIP ). The higher the rank, the more perks they will get ( ie. VVIP members get to premium seatings in our concerts ).
7.2.2. DeFi Staking
We will also introduce DeFi Staking at reasonable interest rate per annum ( APY ). We have allocated Staking rewards in our budgetary. The key concept here is that the stability of our Token outweighs the APY rewards.
Last modified 8mo ago