Tokenomics of Psychopath Token (PSY)
Tokenomics of Psychopath Token (PSY)
Token Supply and Distribution: Psychopath Token has a total supply of 500,000,000,000 PSY. The distribution of the token is as follows:
Private Sale: 175,000,000,000 PSY (35%)
AirDrop: 50,000,000,000 PSY (10%)
Burnt: 250,000,000,000 PSY (50%)
Liquidity : 25,000,000,000 PSY (5%)
Utility of PSY:
Staking and Governance: Holders of PSY tokens will have the ability to stake their tokens to participate in governance decisions, ensuring active community involvement and consensus-based decision-making.
Utility in Launchpad: PSY holders will gain exclusive access to participate in token sales hosted on our platform's launchpad. This allows users to invest in upcoming projects vetted for quality and security.
Anti-Scam Measures: The PSY token serves as a key element in our commitment to creating a safer crypto space. Through our partnership with platforms like TokenSniffer, we aim to filter out potentially fraudulent tokens entering the market.
Token Burning Mechanism: A continuous token burning mechanism will be employed for every transaction within our ecosystem. A percentage of each transaction fee will be allocated to a burn address, permanently reducing the token supply over time.
Emission Schedule: There's no further issuance or minting of PSY beyond the initial 500,000,000,000 token supply.
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