PLUTOS NETWORK
The Tokenomics Explained
What is tokenomics?
The word ‘tokenomics’ is a portmanteau, made up of two words: token and economics. So, tokenomics is basically token economics or crypto economics. It is the study of the economics of a crypto token – from its qualities to its distribution and production, and much more.
What is a token?
In tokenomics, crypto tokens (or simply tokens) are units of value that blockchain-based projects build on top of an existing blockchain. Crypto tokens, like cryptocurrency, can be exchanged and hold a certain value but they are a completely different digital asset class.
Below is the an infographic of the Plutos network Tokenomics
Token Metrics
The token metrics are detailed below:
Ticker: PLUT
Total Supply: 100,000,000
- Ecosystem Growth: 15% of the total supply; reserved for marketing, partnership and exchange listing, vesting through a 2-year period
- Team & Advisors: 10% of the total supply; Lock-up for 3 months after TGE, then vesting through a 2-year period
- Liquidity Fund: 20% of the total supply; reserved for the fund for liquidity on Uniswap and other exchanges, vesting through a 2-year period. Unlocks to be decided by DAO Governance through voting.
- Mining Reserves: 35% of the total supply; reserved for the network incentives after the main-net launch. Unlocks to be decided by DAO Governance through voting.
- Fundraising: 20% of the total supply:
nitial MarketCap: $850k
Projected TGE: Mid June
Plutos Network will seek more solid value basis enforcements such as business development, user growth, community growth and ecosystem construction, etc.
PLUT Deflationary Mechanism
Token supply deflation is a mechanism that ensures that the company can generate more demands for tokens in the market, and reduce supply at the same time.
Certain proportions of PLUT tokens will be bought back and burnt using the commission fees during the applications of derivative issuance and trading by our users. The buy-backs will be carried out on regular basis.
With increasing use cases and expanding user base, more values will be added to the ecosystem for sustainable and long-lasting growth.
John Joseph
official@plutos.network
