🪙Tokenomics

Token Allocation and Revenue Distribution

90% of the tokens will be allocated to circulation (Liqudity Pool)

The remaining 10% of the tokens will be allocated for marketing initiatives, rewards, and development expenses.

Tax

The full tax of 100% is utilized to cover project expenses, including development costs, ongoing maintenance, server expenses, dApp and pool testing, marketing initiatives, copywriting services, listings, collaborations, AMAs, caller engagements, advertisements on various platforms, as well as essential salary and payment obligations.

BuyBack and Burn

From the team's generated revenue from lock-in fees, 50% is allocated to the token holders through a revenue share model. This helps incentivize and reward holders for their participation in the ecosystem.

Additionally, 10% of the revenue is utilized for the buyback and burn of LockLab tokens, contributing to the scarcity and potential value appreciation of the tokens in circulation.

The remaining 40% of the revenue is allocated to the team as their share of the earnings.

Supply - 10,000,000

Buy Tax - 5%

Sell Tax - 5%

Max Tx - 2%/No Limit After

This token allocation and revenue distribution mechanism ensures transparency, community benefits, and sustainable project development for the LockLab ecosystem.

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