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Whitepaper
Token Distribution
Tokenomics of Lycanchain
The tokenomics of Lycanchain are strategically designed to ensure a balanced and sustainable ecosystem that supports the platform's growth and long-term viability. The total token supply is capped at 721 million tokens, distributed across various allocations to fund development, incentivize participation, and ensure the stability of the network. Here's a detailed breakdown of the token distribution
Why Lycanchain
Token Distribution
Development Fund
12% - 86.5 million LYC Coin
This allocation is dedicated to the ongoing development and enhancement of the Lycanchain platform. It supports the team of developers, software upgrades, and new feature implementations to ensure the platform remains at the forefront of blockchain technology.
Reserve Fund
Up to 1% - 7.21 million LYC Coin
The reserve fund is set aside for future needs and unforeseen circumstances. It acts as a financial buffer to ensure the stability and security of the network, providing a safety net for the platform.
Marketing and Partnerships
4% - 28.8 million LYC Coin
This allocation is utilized for marketing campaigns, strategic partnerships, and community-building activities. The goal is to raise awareness, attract new users, and establish strong alliances that drive the platform's adoption.
Advisors and Consultants
8% - 57.6 million LYC Coin
This allocation is designated for advisors and consultants who provide strategic guidance and expertise to help steer the platform's growth and development.
Public Sale
20% - 144.2 million LYC Coin
Public sale tokenism involves distributing tokens to a broader audience, fostering community participation, liquidity, and decentralization in blockchain projects through transparent and fair token allocation strategies.
Token DistributionNumber of TokensPercentage
Automated Burning Protocol321,500,000
44.590846%
Pre Sale39,000,000
5.41%
Public Sale (Platform and IEO)72,100,000
10%
Tech Support & Ecosystem Development86,520,000
12%
Private Sale and Validator Coin Sale72,100,000
10%
Team36,050,000
5%
Marketing & Strategic Collaborations28,840,000
4%
Foundation28,840,000
4%
Advisors21,630,000
3%
Reserves14,420,000
2%
token chart

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