Tokenomics
The Tokenomics of the Coin Grave Yard project were proposed, leveraging its advanced AI capabilities to create a fair and transparent distribution mechanism.
The proposed Tokenomics will be subject to a vote by the community members of the Hope DAO before implementation, ensuring that the community has a say in the future direction of the project. This democratic approach ensures that the Coin GraveYard platform is built with the community in mind, and all decisions are made with the interests of the community at heart.
Token Supply: The total HOPE token supply is fixed at 100 million, with no plans for additional minting in the future.
Distribution: The allocation of HOPE tokens is categorized as follows:
Protocol-Owned Allocation: This category includes assets owned by the protocol.
Liquidity Pool: To ensure liquidity and facilitate easy trading, 20% of the total supply will be added to decentralized exchange liquidity pools. DAO Treasury: For future development and community initiatives, 15% of the total supply will be held in the Hope DAO treasury. Additionally, 5% of the total supply will be allocated to founding members. Community Airdrop: To encourage early adoption and growth, 5% of the total supply will be distributed to the community through airdrops.
Liquidity Pool 20%: To ensure liquidity and facilitate easy trading, 20% of the total supply will be added to decentralized exchange liquidity pools and used as reward for Liquidity providers.
DAO Treasury 15%: For future development and community initiatives, 15% of the total supply will be held in the Hope DAO treasury.
Public Distribution
Graveyards 60%: A substantial portion, 60% of the total supply, will be reserved for graveyards. These tokens will be used to reward users who participate in the burial of their inactive or unused coins in corresponding graves
Community Airdrop 2.5%: To encourage early adoption and growth, 5% of the total supply will be distributed to the community through airdrops.
Founding members 2.5%: of the total supply will be allocated to founding members.
Use: HOPE tokens can be used for several purposes within the Hope DAO ecosystem, including:
Voting rights: HOPE token holders can vote on proposals submitted to the Hope DAO.
Project Liquidation: Failed projects can utilize the graveyard in the following ways:
Token Conversion: Transform stagnant or unsold tokens into Hope tokens, providing an avenue for immediate liquidity and value recovery.
Unified Action Platform: By consolidating into Hope tokens, projects can pool resources and efforts, making collective actions like litigation or negotiations more impactful.
Decision-making Role: Acquire a stake in the graveyard's governance. Influence choices about litigation, asset distribution, and more through Hope tokens.
Legal Guidance Access: Hope token holders get entry to an expansive network of professionals specializing in crypto, blockchain, and Web3 legalities, aiding in compliant liquidation.
Community Engagement: Merging various dead coin holders under Hope tokens fosters a supportive community. This collective can share experiences, advice, and strategies.
Motivation via Incentives: The potential future value of Hope tokens can motivate project founders to persevere through the liquidation or recovery phase.
Liquidity Avenue: The graveyard may foster a vibrant market for Hope tokens, giving them intrinsic value which projects can leverage for recouping losses.
Legal Actions Funding: Tapping into Hope tokens, projects can collectively finance legal pursuits against wrongdoers or to reclaim assets.
Transparency Assurance: All actions and transactions involving Hope tokens are transparently logged on the blockchain, bolstering trust among stakeholders.
Exclusive Resources: Access to special graveyard resources, such as workshops, networking sessions, or consultative services, might be reserved for Hope token holders.
In summary, the graveyard offers a beacon of hope and a structured pathway for projects facing failure, enabling them to recover, regroup, and refocus.
Governance rewards: HOPE token holders can earn governance rewards for participating in community governance.
Litigation proposals: HOPE token holders can commit their tokens to litigation proposals and receive potential financial gains from the outcomes.
Overall, the tokenomics of the Hope DAO are designed to incentivize community growth and participation while providing a secure and reliable solution for recovering lost investments in dead coins.
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