Memerace
  • 🤝Introduction
  • 🤑Tokenomics
  • 🤓Development
  • 🏎️Road Map
    • Meme Race
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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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Last updated 1 year ago

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