🍕Token Allocation
Tokenomics refers to the economic model and mechanics behind a cryptocurrency or token. In the case of Bitenith's native token ($BTH), the tokenomics encompass various aspects related to its distribution, utility, governance, and overall ecosystem dynamics. Below, we delve into the key components of Bitenith's tokenomics:
Total Token Supply:
Bitenith has a predetermined total token supply of 100 million $BTH tokens. This fixed supply establishes scarcity and plays a crucial role in determining the token's value over time.
Token Distribution:
LP (Liquidity Providers): 70% of the total token supply, equivalent to 70 million $BTH tokens, is allocated to liquidity providers. This allocation incentivizes liquidity provision within Bitenith's ecosystem, fostering a robust and liquid market.
Ecosystem Fund: 10% of the total token supply, amounting to 10 million $BTH tokens, is designated to the ecosystem fund. This fund actively farms a variety of projects, with all airdrops received directly allocated to $BTH token stakers through a points system.
Treasury: Another 10% of the total token supply, equating to 10 million $BTH tokens, is allocated to the treasury. The treasury serves as a reserve of tokens that can be utilized for ecosystem development, community initiatives, and strategic partnerships.
Marketing: 5% of the total token supply, comprising 5 million $BTH tokens, is allocated to marketing efforts. This allocation facilitates promotional activities, awareness campaigns, and community engagement initiatives to foster growth and adoption.
Advisors / Partnerships: The remaining 5% of the total token supply, representing 5 million $BTH tokens, is reserved for advisors and strategic partnerships. This allocation incentivizes collaboration, expertise, and support from industry professionals and partners.
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