🪙Tokenomics
Tokenomics of EVO Coin
EVO Coin is the native cryptocurrency of the Evnode blockchain ecosystem. Its carefully designed tokenomics ensure the long-term stability, functionality, and growth of the network. Below is a breakdown of the total supply and allocation:
Total Supply
100,000,000 EVO Coins
Token Distribution
Liquidity (Uniswap) – 92%
A substantial portion of the supply is allocated to liquidity on Uniswap, ensuring that users have access to seamless and efficient trading. This high liquidity also minimizes price volatility and supports market stability.
Burn – 1%
1% of the total supply is reserved for a burn mechanism, reducing the overall token supply over time. This deflationary measure aims to increase the value of EVO Coin by creating scarcity.
Marketing – 1.5%
A portion of the supply is set aside for marketing activities to promote Evnode, attract new users, and build a strong community around the project. This allocation helps ensure consistent growth and visibility.
DeFi – 1.5%
Reserved for supporting decentralized finance (DeFi) initiatives within the Evnode ecosystem. This allocation empowers projects like staking, farming, and liquidity pools, encouraging ecosystem participation.
Development – 1% (Locked for 1 Year)
This portion is dedicated to ongoing development, ensuring that the platform remains cutting-edge and continues to evolve. The one-year lock ensures trust and a long-term commitment to project growth.
Bridge Supply – 1.5%
Allocated to bridge functionalities that enable seamless interoperability between Evnode and other blockchain ecosystems, supporting cross-chain transactions and broader usability.
Rewards – 1.5%
Designed to incentivize active participation in the network. Rewards may include staking incentives, validator rewards, or community engagement programs, ensuring a vibrant and committed ecosystem.
Tax on Trade :
EVO Coin employs a straightforward tax system to support the ecosystem and ensure liquidity and marketing efforts are well-funded. Here’s the breakdown:
Tax on Trade
Buy Tax: 5%
2%: Added directly to liquidity, enhancing trading stability and minimizing price volatility.
3%: Allocated for marketing initiatives to expand the reach and visibility of the Evnode ecosystem.
Sell Tax: 5%
2%: Contributed to liquidity, further strengthening the trading pool and ensuring consistent token availability.
3%: Dedicated to marketing activities, helping to attract new users and promote community growth.
How This Tax Benefits the Ecosystem
Liquidity Addition: Ensures a stable trading environment by maintaining ample liquidity, reducing slippage, and supporting a healthy market.
Marketing Efforts: Drives awareness and adoption of EVO Coin and the broader Evnode ecosystem, ensuring consistent growth and community engagement.
This tax structure balances sustainability and growth, ensuring that both liquidity and promotional efforts are adequately funded. It’s designed to foster a vibrant and thriving Evnode ecosystem.
Tokenomics of EVO Coin reflect a balanced approach that prioritizes ecosystem development, sustainability, and community engagement. With a significant allocation for liquidity and strategic reserves for DeFi, marketing, and rewards, EVO Coin is structured to foster growth while maintaining stability. The inclusion of a burn mechanism further adds a deflationary aspect, enhancing the coin's value proposition over time.
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