BeaR Token (BRT) Supply
Fixed Supply and Deflationary Mechanisms
Our token, hereby referred to as "BeaR Token", is built on the Ethereum blockchain, ensuring robust security, transparency, and compatibility with the vast ecosystem of decentralized applications. BeaR Token will have a fixed supply of 100,000,000 tokens, establishing a scarcity that is critical for maintaining and potentially increasing the token's value over time.
Token Burn Mechanism
To ensure a sustainable and healthy economic environment for BeaR Token, we have implemented a deflationary mechanism through token burning. This approach is designed to reduce the total supply of BeaR Token over time, thereby potentially increasing its scarcity and value.
Transaction Fee Burn
A portion of the transaction fees generated from the transfers of BeaR Token will be permanently removed from circulation. Specifically, 0.5% of every BeaR Token transaction will be burned. This mechanism ensures that as the BeaR Token ecosystem grows and transaction volume increases, the burn rate will proportionally remove tokens from the supply, contributing to its deflationary model.
Staking Contract Burn
In alignment with our staking rewards strategy, a portion of the staking rewards will be set aside for burning. Annually, 1% of the total staking rewards pool will be burned. This not only supports the deflationary aspect of BeaR Token but also adds value to the stakers by potentially increasing the token value over time.
Staking Rewards Strategy
Staking BeaR Token presents an opportunity for token holders to participate actively in the ecosystem while earning rewards. Our staking model is designed to incentivize long-term holding, contributing to the stability and security of the network.
Reward Structure
Stakers will earn rewards based on the amount of BeaR Token staked and the duration of the stake.
The annual percentage yield (APY) for staking will start at 5% and is designed to decrease by 0.5% each year, encouraging early participation and long-term investment in the ecosystem.
Staking Tiers
Silver Tier: Staking up to 10,000 BeaR Token.
Gold Tier: Staking between 10,001 and 50,000 BeaR Token.
Platinum Tier: Staking more than 50,000 BeaR Token.
Tiers influence the staking rewards, with higher tiers receiving a bonus percentage on top of the base APY.
Economic Sustainability
The integration of the token burn mechanism with the staking rewards strategy is meticulously designed to balance the inflationary pressure from new tokens generated as staking rewards with a deflationary mechanism through token burns. This equilibrium aims to maintain a healthy economic environment for BeaR Token, ensuring its longevity and stability in the volatile cryptocurrency market.
Our commitment to transparency, security, and sustainability positions BeaR Token as a valuable asset within the Ethereum ecosystem, offering token holders a unique opportunity to be part of a growing and dynamic community.
Total Supply and Distribution
Fixed Supply
The total supply of Bear Tokens is capped, creating a finite resource that helps prevent inflation and preserve value over time. The fixed supply also contributes to predictability and stability in the token's valuation.
Initial Distribution
The distribution of Bear Tokens at launch is carefully planned. Allocations include:
Public ICO participants.
Founders and team members (with a vesting schedule to align long-term interests).
Reserve for platform development, operational expenses, and contingency funds.
Partners and advisors.
Community incentives and rewards programs.
Utility and Use Cases
Investment Access
Bear Tokens can be used to buy/access Communities through NFT’s that give access to these communities and at the same time, to the underlying asset of each community:
Stocks
Communities of creators
Lending rights from SME
Crypto Portfolio
Transaction Fees
Transactions within the Bear Ecosystem may involve fees, payable in Bear Tokens, incentivizing token holding and usage.
Governance Participation
Bear Token holders have the right to participate in governance decisions, including voting on asset inclusion, platform upgrades, and community initiatives.
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