Tokenomics
Last updated
Last updated
The $EUFT tokenomics are designed to incentivize community engagement, support decentralized governance, and foster ecosystem growth. Here’s a detailed breakdown of the $EUFT token distribution and its utility:
Total Supply: 1 Billion Tokens
Distribution Breakdown:
Community Mining & Farming (45%)
Allocation: 450 million tokens
Purpose: To reward active participants and promote ongoing engagement within the community.
Mechanism: The rewards will halve at the start of reaching every deflation milestone to increase token demand and scarcity over time.
Locked-in Period: No lock-up period.
Investors (10%)
Allocation: 100 million tokens
Purpose: Allocation early investors.
Locked-in Period: Tokens are locked for 12 months, with a linear release over the following 12 months.
Marketing (5%)
Allocation: 50 million tokens
Purpose: To support marketing efforts and expand the platform's reach.
Locked-in Period: No lock-up period.
Decentralized Autonomous Organization (DAO) Staking Pool (10%)
Allocation: 100 million tokens
Purpose: Governs the platform, including mystery box owners and staked token holders.
Participation: All mystery box owners are eligible, as well as token holders who stake in the DAO staking pool.
Locked-in Period: No lock-up period, with linear vesting over 12 months.
Liquidity (10%)
Allocation: 100 million tokens
Purpose: Provides liquidity for exchanges and ensures a stable trading environment.
Locked-in Period: No lock-up period.
Founding Team & Advisors (10%)
Allocation: 100 million tokens
Purpose: Rewards founders and advisors for their contributions and strategic guidance.
Locked-in Period: Tokens are locked for 12 months, with a linear release over the following 12 months.
Legal (5%)
Allocation: 50 million tokens
Purpose: Covers legal expenses and ensures regulatory compliance.
Locked-in Period: No lock-up period.
IT (5%)
Allocation: 50 million tokens
Purpose: Funds IT infrastructure and development, ensuring platform security and efficiency.
Locked-in Period: No lock-up period.
Token Utility:
Staking & APY: Users can stake their tokens to earn annual percentage yields.
Season 2 emblem Exchange: Tokens can be used to trade for new team emblems from major Euro leagues in Season 2.
Token Trading: Facilitates trading within the XAI ecosystem.
XAI Ecosystem: Integration and utility within the broader XAI blockchain ecosystem.
No Burning Mechanism: Currently, there is no token burning mechanism in place.
No Additional Issuance: There will be no additional issuance of tokens beyond the initial total supply.
Category
Description
Token Allocation
Vesting Period
Community Mining & Farming
Rewards active participants and promotes engagement
450 million (45%)
No lock-up
Investors
Allocation for early investors
100 million (10%)
12 months locked, linear vesting over next 12 months
Marketing
Supports marketing efforts and expands platform reach
50 million (5%)
No lock-up
DAO
Governs the platform, includes mystery box owners and staked token holders
100 million (10%)
No lock-up, linear vesting over 12 months
Liquidity
Provides liquidity for exchanges and ensures stable trading environment
100 million (10%)
No lock-up
Founding Team & Advisors
Rewards founders and advisors for their contributions and strategic guidance
100 million (10%)
12 months locked, linear vesting over next 12 months
Legal
Covers legal expenses and ensures regulatory compliance
50 million (5%)
No lock-up
IT
Funds IT infrastructure and development, ensuring platform security and efficiency
50 million (5%)
No lock-up