Tokenomics
Last updated
Last updated
Gitshock Finance Token will be built on Cosmos and 8 other different chains. The tokenomics of Gitshock Finance Token ($GTFX) is built uniquely based on many chains to support the demands and works of our MVPs and our token value in the future.
Gitshock Finance Token ($GTFX) Maximum supply will be 1.05 B consisting of 400 M for all EVM supporting networks, i.e. BSC, Ethereum, Aurora/Near, Polygon, Fantom, Metis, Avalanche and Solana and 650 M for the main network layer 0 Cosmos. The Supply will be distributed as follows:
Gitshock finance token economy is described as follow:
β Networks Liquidity
: 30 % (315 M )
β Ecosystem developments
: 12 % (126 M)
β Backing Investors
: 10% (105 M)
β Private Sale
: 5% (52.5 M)
β Public Sale (ICOs/IDOs)
: 7% (73.5 M)
β Airdrops
: 8% (84 M)
β Proof of Staking Reward
: 10% (105 M)
β Real drops (events, academy, etc.)
: 2% (21 M)
β Team
: 5% (52.5 M)
β Advisors
: 3% (31.5 M)
β Marketing
: 5% (52.5 M)
β Legal and Tax
: 3% (31.5 M)
Token Vesting
When a token is released, the distributed token is always possible to impact the token rate on the market. Thatβs why the distribution is designed to balance the functional demand of $GTFX and the supply of the token purchasable in the market.