Tokenomic
Last updated
Last updated
The Veve tokenomics is a carefully crafted economic framework designed to foster a sustainable and vibrant ecosystem. It encompasses distribution, utility, and dynamic mechanisms to ensure the long-term success and engagement of the Veve community.
Initial Allocation:
A strategic portion of the total token supply is allocated for project development, marketing, partnerships, and ecosystem growth.
Community Reserve:
A significant portion is reserved for the community, promoting decentralization and active participation in the governance of the Veve project.
Staking Rewards Pool:
Tokens are allocated to a staking rewards pool to incentivize users to actively contribute to the stability and liquidity of the ecosystem.
Team and Advisors:
A portion is allocated for the core development team and advisors, aligning their interests with the long-term success and sustainability of the project.
Governance:
VEVE holders have governance power, participating in decision-making processes through proposals, discussions, and voting mechanisms.
Staking Incentives:
Stakers receive additional VEVE tokens as rewards, encouraging active participation and contribution to the stability of the Veve network.
Access to Unique Features:
Holding and actively participating in the Veve ecosystem provide users with exclusive access to upcoming features, collaborations, and events.
Token Burns:
Periodic token burns may be implemented, removing a portion of the circulating supply to create scarcity and potentially enhance the value of remaining tokens.
Buybacks:
In certain scenarios, buyback mechanisms may be initiated to support token price and provide additional value to token holders.
Dynamic Adjustments:
The Veve team, in collaboration with the community, reserves the right to implement dynamic adjustments to the tokenomics to adapt to changing market conditions and community needs.
Name
Veve
Chain
BSC
Contract
Total Supply
Tax
0%