Token Economics
simple as water
5 features of SiFi Tokenomics
Sustainable spending use cases uncorrelated with crypto market cycles.
SiFi token will be used for Wheel of Fortune, management fee, Basket creation fee throughout the year.
Holders' benefit from project growth, directly or indirectly
SiFi will be burned continuously due to 2% tax and Buyback and Burn mechanism from the company profit.
Mechanism/plan to stabilize token price
SiFi will be burned continuously due to 2% tax and Buyback and Burn mechanism from the company profit. Systematically allocate profits to support liquidity in LP pools.
Non-rigid emission schedule
Vesting should not be linear and fixed before project starts. Therefore the vested tokens will be governed by a validator DAO, and release will be initiated only when the external market situation seems favorable for the token.
Design simplicity
From the tokenomics doc, one should be able to explain someone else in 5 mins how the design works. Try reading our Tokenomics!
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