Tokenomics
Our tokenomics are designed to foster sustainable growth and incentivize long-term participation. Below is an overview of the key components:
Last updated
Our tokenomics are designed to foster sustainable growth and incentivize long-term participation. Below is an overview of the key components:
Last updated
1. Block0 Fee
Users will pay a 10% fee in ETH on their successful snipe. This fee helps support the development and growth of the ecosystem. There are no other fees associated with using the bot initially, ensuring easy access upon token purchase.
2. Additional Revenue Streams
There are two distinct types of revenue generated within the ecosystem, which are not interconnected. One is the ETH fee charged on successful snipes, and the other is a 5% buy and 5% sell tax on the token itself. Both revenue streams function independently, supporting different aspects of the platform’s growth and sustainability.
3. Future Tiered Access System
In the future, we plan to introduce a tiered access system based on token holdings. This system will reward users who hold more tokens by reducing performance fees. The specifics of the tier system will be determined and announced at a later stage, offering greater benefits to those who actively participate in the ecosystem.
4. Staking and Rewards (Automatic Staking)
Our staking system is automatic and rewards users based on two factors:
1. How Long Tokens Are Held: The longer users hold tokens, the more rewards they accumulate.
2. Amount of Tokens Held: Users holding more tokens will receive larger rewards.
This system is designed to be simple and encourages long-term investment without requiring manual staking.
5. No Token-Gating for Bot Access
The bot is accessible to all users, whether or not they hold tokens. Both token holders and non-token holders pay a 10% buy fee when purchasing tokens. In the future, token holders may benefit from additional features or reduced fees as part of the tiered system that will be implemented later.
6. Deflationary Model
The tokenomics incorporate a deflationary model aimed at rewarding long-term holders by reducing the total supply over time, which can create upward pressure on the token’s price.
Summary of Tokenomics
• Block0 Fee: A 10% fee is applied when sniping.
• Additional Revenue: A 5% buy and 5% sell tax on the token is applied independently of the sniping fees.
• Future Tiered System: A tiered system will be introduced later, providing more benefits to token holders (details to be determined).
• Staking and Rewards: Automatic staking based on the length of time and amount of tokens held.
• Inclusive Access: The bot is available to all, with token holders benefiting from reduced future fees.
• Deflationary Model: Designed to reduce token supply over time and reward long-term holders.