Tokenomics
Last updated
Last updated
Token Overview:
Total Supply: 1,000,000,000 $VDX tokens.
Token Distribution:
Seed Round:
Raise: $300,000
Supply: 60,000,000 tokens (6% of total supply)
Price: $0.005 per token
Tokens Released at TGE: 5% (3,000,000 tokens)
Monthly Release: 3,888,888.89 tokens
Value Released Per Month: $38,888.89
Strategic Round:
Raise: $400,000
Supply: 50,000,000 tokens (5% of total supply)
Price: $0.008 per token
Tokens Released at TGE: 10% (5,000,000 tokens)
Monthly Release: 3,888,888.89 tokens
Value Released Per Month: $38,888.89
Public Round:
Raise: $400,000
Supply: 40,000,000 tokens (4% of total supply)
Price: $0.010 per token
Tokens Released at TGE: 15% (6,000,000 tokens)
Monthly Release: 5,666,666.67 tokens
Value Released Per Month: $56,666.67
Team:
Allocation: 140,000,000 tokens (14% of total supply)
Monthly Release: 3,888,888.89 tokens
Liquidity:
Allocation: 100,000,000 tokens (10% of total supply)
Tokens Released at TGE: 20% (20,000,000 tokens)
Monthly Release: 13,333,333.33 tokens
Value Released Per Month: $200,000
DAO Fund:
Allocation: 180,000,000 tokens (18% of total supply)
Monthly Release: 3,750,000 tokens
Community Rewards:
Allocation: 250,000,000 tokens (25% of total supply)
Monthly Release: 6,944,444.44 tokens
Advisors & Consultants:
Allocation: 70,000,000 tokens (7% of total supply)
Monthly Release: 2,916,666.67 tokens
Marketing, Acquisitions, Partnerships:
Allocation: 80,000,000 tokens (8% of total supply)
Monthly Release: 3,333,333.33 tokens
Referral Program:
Allocation: 20,000,000 tokens (2% of total supply)
Monthly Release: 833,333.33 tokens
Community Airdrop:
Allocation: 20,000,000 tokens (2% of total supply)
Monthly Release: 833,333.33 tokens
Core Metrics:
Total Token Supply: 1,000,000,000 tokens
Circulating Supply at TGE: 34,000,000 tokens
Initial Market Cap: $340,000
Fully Diluted Market Cap (FDMC): $10,000,000
Emissions:
1st Year Emissions: 30.03%
2nd Year Emissions: 26.48%
Private Sale:
Starts with 20% at TGE, then 5% periodically.
Strategic / KOLs:
Begins with 20%, followed by increments of 13.33%.
Public Sale:
Commences with 25%, followed by 12.50% distributions.
Team:
Releases start after a delay, with 5% distributions at set intervals.
Liquidity:
20% available at TGE.
Other categories:
Specified release schedules reflecting a gradual distribution to prevent market saturation and align with the project's development milestones.
Emission Rate:
Set a fixed emission rate per block to reward liquidity providers and other participants on the platform.
Deflationary Mechanisms:
Buyback and Burn:
A portion of the trading fees used to buy back and burn $VDX tokens periodically.
Performance fees from Initial Farm Offerings (IFOs) used to buy back and burn $VDX tokens.
A percentage of the profits from other VersaDex offerings used for buybacks and burns, reducing the total supply of $VDX over time.
Trading Rewards:
A percentage of the emission distributed to traders on the platform.
Staking Rewards:
Stakers rewarded with a portion of the emissions, incentivizing long-term holding and participation.
Other Rewards:
Additional rewards allocated to various other activities on the platform, such as participation in governance, providing liquidity, etc.
Proposal Submission:
$VDX holders can submit proposals for community consideration. Proposals range from protocol upgrades, funding requests for new projects, to community engagement initiatives.
Voting:
$VDX holders vote on proposals based on their token holdings. A minimum quorum and majority required for proposal approval.
Fund Management:
The DAO fund managed collectively by the community, with decisions on fund allocation made through a democratic voting process.
Transparency:
All proposals, voting, and fund allocations will be transparent and verifiable on-chain, fostering trust and engagement within the community.