Tokenomics
In this docs, the tokenomics of Boltr Governance Token will explain of its broader ecosystem and usability for Boltrswap platform.
Boltr Governance Token (BOL)
Description
BOL is a governance token inside the Boltrswap DEX platform. It was a token based on the ERC20-Polygon contract in the Polygon Network. This governance token was officially enshrin[e] Boltrswap as a publicly-owned and self-sustainable infrastructure while continuing to carefully protect its indestructible and autonomous qualities. BOL is also a utility inside the Boltrswap for its multiple ecosystems especially the staking pool and liquidity maintaining of a different asset inside the platform. BOL Pre-Mined:
Total Pre-Mined | % | 25,000,000 BOL |
Foundation Reserved | 30% | 7,500,000 BOL |
Liquidity Supply | 40% | 10,000,000 BOL |
IFO Project Support | 15% | 3,750,000 BOL |
Charity | 5% | 1,250,000 BOL |
Grant | 10% | 2,500,000 BOL |
Particulars Allocation | Details |
Foundation Reserved | Boltr Foundation reserved 30% from pre-mined in order to maintain the capital investment and only used for the development of Boltr and provide liquidity to a CEX who requires additional liquidity in their hot-wallet. |
Liquidity Supply | Liquidity Supply will be allocated to every pair of BOL inside the Boltr DEX and other DEX platforms. |
IFO Project Support | Any chosen project who proposes to use Boltr IFO will be provided with liquidity in the swap and staking pool once their IFO finishes in our platform. This requires a high level of review from our expertise to avoid any risk. |
Charity | We will provide a donation to any non-profit organization that proposing it for their charity program. This allocated pool of funds will not be used to fundraise a startup project. |
Token Emission/Block
Metrics | BOL Amount |
Emission | 0.4 BOL |
Burned | 2% |
Effective Emission | 0.4 BOL / 1 BLOCK (capped 1 BOL) |
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