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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
20% - 144,200,000 tokens
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 25% - Approximately 180,000,000 tokens
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% - 28,840,000 tokens
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
1% - 7,210,000 tokens
This allocation is designated for advisors and consultants who provide strategic guidance and expertise to help steer the platform's growth and development.
Automated Burning Protocol
3% - 21,630,000 tokens)
The Automated Burning Protocol is a key feature designed to manage the token supply and enhance the value of the remaining tokens.Up to 25% of the total token supply will be systematically burned in various stages.This controlled burning process reduces the total token supply over time, increasing scarcity and potentially driving up the token's value. The burning events are planned and executed transparently to ensure the long- term stability and health of the ecosystem.
Token DistributionNumber of TokensPercentage
Total Tokens Burned from IBCO & Private Sale180,250,000
25%
Public Sale144,200,000
20%
IBCO108,150,000
15%
Tech Support & Ecosystem Development86,520,000
12%
Private Sale (Validators)72,100,000
10%
Team36,050,000
5%
Marketing & Strategic Collaborations28,840,000
4%
Foundation28,840,000
4%
Advisors21,630,000
3%
Staking7,210,000
1%
Reserves7,210,000
1%
Total Tokens 721,000,000
100%
Total Targeted Fundraise$42,000,000