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TOKENOMICS
We believe that great things come with time and that the success of the JEFE TOKEN will require adequate planning and long-term commitment from the team, so we have planned with long-term success in mind, and it reflects in our JEFE TOKEN ECONOMICS.
Our JEFE TOKEN ECONOMICS are one of a kind, designed with a long-term vision. We will be starting with Jefe TOKEN as our native/governance token for gaming and rewards as well.
We have a dynamic tax , where the tax can be changed adjusted at will of the community, the JEFE VAULT is the main one that's used at will of the team for operation , marketing and development of technology web3.
JEFE VAULT FTM address: 0x4b564515ee500c313b648937d2751f61f5762e98
NO TAX ON BUYS EITHER SELLS - FREE TAX JEFE TOKEN
Slippage 1% - https://spooky.fi - Exchange to buy/sell JEFE TOKEN using the following contract:
0x5b2AF7fd27E2Ea14945c82Dd254c79d3eD34685e
The normal Economics of the token are the following:
- 1 Quadrillion Jefe Total circulation Supply
- 17.25% Burned
- Marketing and team wallets tagged on Blockchain https://ftmscan.com/token/0x5b2af7fd27e2ea14945c82dd254c79d3ed34685e Vaults have use case based on the jefe society .
Tax Structure
Jefe Token implements a 0% tax on buying and selling transactions.
Transparent NFT Transactions:
Jefe Token is committed to transparency in all NFT purchases, sales, and intramarket trading on platforms like Paintswap. These transactions will be publicly visible, allowing the community to track and verify the integrity of the ecosystem.
Purchase of Other NFTs:
For the acquisition of non-LP NFTs, Jefe Token follows a similar distribution model. Specifically, 20% of the purchase amount goes directly to the artists as a fair compensation. Additionally, 25% of the funds are utilized to purchase Jefe Token, which will be subsequently burned, reducing the token supply. The remaining percentage is allocated to backup liquidity, developer rewards, marketing, and infrastructure wallets. These wallets are transparently named on the FTM side, ensuring accountability and responsible fund allocation.
Conclusion:
Jefe Token presents a comprehensive approach to DeFi, combining LP tokens as NFTs, customizable locking periods, and innovative features such as the Jefe Locker. With transparency measures in place, a clear tax structure, fair distribution of funds for NFT purchases, and a developer engagement strategy, Jefetoken strives to build a vibrant and sustainable ecosystem. The upcoming whitepaper will delve into the real-world utility of Jefetoken, highlighting its potential impact on various industries and user experiences.