TrustPad Official Tokenomics Announcement — $TPAD
We’re thrilled to finally announce the official tokenomics for $TPAD — the native token for TrustPad.
Token Symbol: $TPAD
Total Max Supply: 100M
Initial Circulating Supply: 8.75M $TPAD
Initial Market Cap: ~$875K USD
$TPAD — TrustPad native token
The $TPAD native token is key to get priority-access to token sales pools hosted on the TrustPad platform.
It also has two interesting token mechanisms:
- Earn interests just by holding — There is a re-distrubition fee of 2% on each transaction that gets re-distributed proportionally between all holders of $TPAD. This incentives holding. The fee is adjustable (0–5%)
- Deflationary — 2% (2M) of the total supply goes to the burn address on listing. This address accumulates more tokens on each transaction because of the re-distribution fee, thereby effectively removing them from circulation. This will increase the scarcity and value of each $TPAD over time.
$TPAD will play a Community Governance role too in the future — more about this in our Roadmap coming soon.
Stay tuned for more exciting news
We appreciate everyone’s patience. There is a lot of interest around the project so we are working hard to build a great team of partners who will help TrustPad make DeFi a safer place.
Thank you all for the support until now!
Please note: Be aware of scammers, we will never DM you first!
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