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
Slippage up to 30% since we are a low marketcap token yet, price impact can be high - 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
- 300 Trillion distributed to Rewards and Jefe VAULT (Team operations and donation wallet). Rewards are distributed from JEFE VAULT, to all finalist of the games every week.
Tax Structure
Jefe Token implements a 5% tax on buying and selling transactions. Of this tax, 5% is allocated directly to the burn wallet, reducing the token supply and increasing scarcity. Additionally, team holds 5% each is allocated to the marketing, infrastructure, and reward wallets. This tax structure ensures sustainable development, effective marketing, and incentivizes community participation.
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.
Last modified 16d ago