Tokenomics
In this docs, the tokenomics of Boltr Governance Token will explain of its broader ecosystem and usability for Boltrswap platform.
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In this docs, the tokenomics of Boltr Governance Token will explain of its broader ecosystem and usability for Boltrswap platform.
Last updated
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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.
Metrics
BOL Amount
Emission
0.4 BOL
Burned
2%
Effective Emission
0.4 BOL / 1 BLOCK (capped 1 BOL)