Tokenomics
Memerace introduces a tokenomics system to govern the distribution and allocation of its native token. The tokenomics aim to incentivize participation, support development and marketing efforts, and ensure the long-term sustainability of the project.
Fee Structure A 20% fee will be applied to the balance of each participant in the race. The collected fees will be distributed as follows:
10% - Revenue Sharing
Allocation: 50% of the fee collected from the race
Purpose: Share revenue (ETH) with token holders (the date and minimum required tokens will be announced).
5% - Development + Marketing
Allocation: 25% of the fee collected from the race
Purpose: Fund ongoing development and marketing efforts to enhance the project's visibility and user base.
5% - Team
Allocation: 25% of the fee collected from the race
Purpose: Support the core team members and contributors working on the project.
Token Lock and Tax Liquidity will be locked for 1 month to ensure stability and prevent short-term manipulation. A 5% tax will be applied to all transactions.
Tax Division
50% - Add Liquidity
Allocation: 50% of the 5% tax on transactions
Purpose: Contribute to the liquidity pool, enhancing stability and providing liquidity for trading.
50% - Development + Marketing
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