Tokenomics
Last updated
Last updated
Total Supply: 30,000 tokens
Team: 1,500 tokens (5%) -
KOLs: 1,500 tokens (5%) - 5 days vesting
Ecosystem Airdrop: 1,500 tokens (5%) - vesting per epoch
Treasury: 4,500 tokens (15%)
Liquidity Pool (LP): 21,000 tokens (70%)
Linear Vesting per Epoch: KOLs, and airdrop allocations will follow a linear vesting schedule per epoch to ensure ongoing involvement and incentivize KOLs to continue promoting DracoFi over epochs.
Bond Growth for Treasury: Bond sales will grow the treasury, which will be managed prudently by the team. Treasury management will take advantage of dynamic market conditions to ensure stability and growth.
Unstaking Taxes: High taxes for unstakers to encourage long-term staking and reduce sell pressure. A penalty for early redemption will be applied, with those $DRACO being burned.
Burn Redeemed Tokens: All redeemed $DRACO are burned, permanently reducing circulating supply and creating a supply shock benefits long-term holders.
Transaction Fees: transaction fee on trades , with a portion burned and a portion sent to the treasury, contributing to $DRACO sustainability and continuous treasury growth.