🪙Tokenomics
Last updated
Last updated
Total Supply: The total number of C3ID’s (DN404 Tokens) created is 10,000.
Liquidity Allocation: 90% of the total supply, amounting to 9000 tokens, is allocated to liquidity pools in two UNI V3 tranches. The variable range LP (amounting to 50% of the supply) is burnt upon launch. The second LP (amounting to 40% of the supply) would be added as an infinite range slightly after launch to adjust for volatility and ensure trading efficiency. Please find the detailed explanation below.
By integrating C3ID minting directly on Uniswap V3, we embrace a novel mint mechanism that circumvents traditional constraints, allowing for real-time price discovery and liquidity depth. This approach minimizes common issues such as botting/sniping and ensures a fairer distribution process.
Liquidity Pool Structure:
Initial Minting Pool (LP1): 5000 C3ID (50% of the supply) tokens are added to a liquidity pool with a price range of 0.02 - 0.04 ETH.
Expansion Minting Pool (LP2): 4000 C3ID (40% of the supply) Tokens are added to a second liquidity pool with a price range of 0.04 - ∞ ETH.
Team Allocation: 10% of the total supply, which is 1000 tokens, is allocated to the team for development, marketing, and other project-related activities.
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