Tokenomics
HarplabsPay Tokenomics
HarplabsPay Token is an innovative product designed to revolutionize the cryptocurrency and payment systems world. This document details the tokenomics model and token distribution of HarplabsPay Token.
Token Name: Harplabs Token
Smart Contract Network: Binance Smart Chain (BSC)
Total Supply: 100,000,000 tokens
Pre-sale
2
2.000.000
2% released at TGE
Wallet Incentive
2
2.000.000
will be used for promotional purposes 3 months locked then unlock 100k tokens per month for 20 months
Team & Advisors
5
5.000.000
3 months locked then linearly unlocked for 60 months
MM & Liquidity
10
10.000.000
lock 6 months, linear unlock for 2 years
Cex listing
65
65.000.000
A total of 10 crypto exchanges will be entered in 48 months and a new exchange will be entered every 4 months.
Marketing
10
10.000.000
9 months cliff, linear unlock for 2 years
Ecosystem Treasury
6
6.000.000
1 year lock, linear unlock for 5 years
Total Supply
100
100.000.000
Liquidity:
The liquidity provided on PancakeSwap will ensure that Harplabs Token is easily tradable and that trading volume increases. Sufficient liquidity is necessary for a healthy trading environment for users and for the stable growth of the platform.
Presale:
The official launch of Harplabs Token took place with a token presale that offered investors the opportunity to join the project and purchase the token at a discounted price. The presale participants were individual and institutional investors who believed in the vision and potential of the platform.
Wallet Incentive:
Wallet incentives are basically rewards offered to encourage people to use a particular digital wallet.
MM & Liquidity:
Market Makers as Liquidity Providers: They constantly quote two-sided prices, a bid price at which they are willing to buy an asset and a ask price at which they are willing to sell it. This constant presence ensures that there is always someone to trade with, even if there are not many buyers or sellers in the market.
Impact on Liquidity: By easily quoting prices, market makers make it easier for traders to enter and exit positions quickly and efficiently. This reduces the risk of price gaps and sudden volatility, making for a smoother trading experience.
Team and Advisors:
The development of Harplabs Token and the growth of the platform is being carried out by an experienced and expert team. The tokens allocated to the team and advisors will ensure that they contribute to and incentivize the long-term success of the platform.
Treasury:
The treasury will be used to finance future developments, marketing activities, and other important initiatives of Harplabs Token. Treasury funds will be managed responsibly to ensure the sustainability and long-term growth of the platform.
Token Use Cases:
Harplabs Token can be used for various functions on our platform. Users can use the token to:
Pay transaction fees: Pay transaction fees for transactions made on the platform.
Staking: Stake their tokens to earn passive income.
Governance: Vote to participate in the governance of the platform.
Products and Services: Purchase access to products and services offered on the platform.
HarplabsPay Token offers an innovative and value-added solution to the cryptocurrency and payment systems world. Our tokenomics model aims to ensure the sustainability, long-term growth, and a fair and beneficial value proposition for users.
Join the Financial Revolution of the Future with HarplabsPay Token!
Last updated