TSWAP tokenomics
Simplicity and fair distribution
Last updated
Simplicity and fair distribution
Last updated
Total supply: 1,000,000,000 Taraswap tokens.
TGE minted supply: 1,000,000,000 Taraswap tokens.
TGE transaction:
At the Taraswap launch, the Taraswap Treasury will lock 5% of the total supply to provide sufficient liquidity to have a seamless trading experience in between $TSWAP and other protocol tokens.
A pool of $TSWAP/$TARA will be created on launch at the FDV of 6M equaling a price of 0.006$.
This last 5% that has been lock will be the last ones to be emitted as incentives.
Emission: only via liquidity farming.
No prior allocation to team, investors, or anyone.
1B $TSWAP tokens have been minted and deposited in the Taraswap treasury. This is necessary because our yield disbursement mechanisms can't mint tokens but only distribute already deposited ones. The Taraswap treasury will not emit any tokens besides adequate amounts for liquidity mining to incentivise LP and transactions.
Once the Taraswap protocol launches, all you need to do is to provide liquidity for one of the pairs incentivised with $TSWAP tokens. On the Protocol's Farms page you'll be able to see the active incentives list, provide liquidity, deposit and stake your LP token, and receive rewards in $TSWAP.
Taraswap takes a central protocol fee off trades that are not going to be claimed in the first 6 months of the protocol's lifetime.
After these fees will be claimed, they will get deposited into the $TSWAP treasury address and owners of $TSWAP tokens will get 30% of the revenue shared on a monthly basis, in $TSWAP tokens.