BankCrash Tokenomics Unveiled: The Foundation of Our Project
Welcome to the first in a series of blog posts dedicated to understanding the inner workings of BankCrash - the cryptocurrency that's here to revolutionize the financial world while having a little fun along the way. At the heart of our project lies our tokenomics, a set of economic rules and principles designed to promote sustainability, fairness, and growth. In this post, we'll delve into the initial and future token supply, shedding light on the foundations of BankCrash's value.
Initial Token Supply: Where It All Begins
Our cryptocurrency, represented by the symbol $BASH, started with an initial supply of 42,000,000,000 tokens. Why this specific number? It's more than just a coincidence. It reflects BankCrash's vibrant and rebellious style. We're not just another cryptocurrency; we're here to make a statement and change the game.
Staking Rewards: Fueling Sustainability
Sustainability is a cornerstone of BankCrash, and our tokenomics reflect that commitment. As our community members stake their tokens, they receive rewards, which are then added to the initial supply. However, we've designed this system with sustainability in mind. These rewards are halved every two years, ensuring a gradual and controlled increase in the token supply. This decrease mechanism is vital in stabilizing the token's value, preventing sudden surges or drops that can be detrimental to investors.
Token Distribution and Circulation: Creating Stability and Growth
Now that you have a grasp of where our tokens come from, let's talk about where they go. Token distribution and circulation are crucial aspects of our tokenomics, and they are designed to create a stable and growing ecosystem.
Liquidity Pool (69%): The majority of BankCrash tokens, 69% to be precise, are allocated to the liquidity pool. This pool plays a vital role in ensuring smooth trading and helps maintain the token's price stability. A liquid market is essential for the success of any cryptocurrency.
Presale (19.9%): To make BankCrash more accessible and visible, we allocated nearly 20% of the tokens for a presale. This not only encourages early investors to join our journey but also provides the necessary funds for scaling our marketing efforts. It's worth noting that all our developments are in-house with the founders, ensuring complete transparency and control.
CEX Listing (6.9%): Looking towards the future, we've set aside 6.9% of the tokens for listing on major centralized exchanges (CEXs). Importantly, 50% of these tokens will be locked for one year, ensuring responsible and measured expansion.
- Community Rewards (4.2%): Our community is at the heart of BankCrash, and we want to reward their involvement. This pool, comprising 4.2% of the tokens, is dedicated to incentivizing our community members for acquiring new investors, participating in airdrops, holding onto their tokens, or completing tasks. What makes this pool even more exciting is the progressive unlocking mechanism. This means that 50% of the tokens will be unlocked in the first year, followed by 25% in the second, and 12.5% in each subsequent year. This ensures long-term engagement and rewards for our dedicated community.
One key takeaway from our tokenomics is the absence of a team token allocation. Why? Because BankCrash is a self-funded project. We believe in the strength of our community and the value of our token, and we're here to build something truly exceptional together.
Stay tuned for the next blog post in our series, where we'll explore the role of the BankCrash community in shaping the future of our project. Until then, keep crashing the old financial norms with BankCrash!
#BANKCRASH #AIRDROP #Crypto #BINANCE
For Mor Information
Website: https://bankcrash.gg/
WhitePaper: http://https//docs.bankcrash.gg/
Telegram: https://t.me/bankcrash_official
Twitter: http://https//twitter.com/BankCrashAlert
Youtube: https://www.youtube.com/@BankCrash
Github: https://github.com/BankCrashCrypto
Discord: https://discord.com/invite/KC3rds9wab
User name: Lovtiek
https://bitcointalk.org/index.php?action=profile;u=2243938
Wallet: 0x50926468328d73Fe5897af1C9452888Bd8c61341
Poa Link: https://bitcointalk.org/index.php?topic=5466058.msg62818526#msg62818526