Tokenomics
NR(NEURON)
Ticker : NR
Chain : Klaytn (Cypress)
Token Allocation
Total Supply : 500,000,000 NR
Initial Starting Supply : 2,390,288 NR
Daily NR Mining Volume : 885,000 NR
*The total issuance period of NR tokens is 2 years.
*Before all tokens are minted after 2 years, a governance vote is held to decide whether to issue additional governance tokens.
*Before the issuance of a total of 500 million tokens for 2 years is completed, the number of additional issuance, period, and distribution are decided by governance voting.
*NR tokens have a total of 5 deflationary periods every 4 Months. Deflation is designed to reduce the issuance volume by 10% compared to the existing issuance volume to prevent rapid deflation.
Token Distribution
Community: 75.13%
Protocol Contributor (LP Provider + Staker) : 53.33%
Transaction Fee Payback Pool: 5.33%
Treasury: 16.47%
Team: 19.43% (Team quantities are staked for 2 years.)
Advisor: 4.96%
Initial Supply: 0.48%
Protocol Contributor
Liquidity providers create a trading environment in the DEX ecosystem. Liquidity providers are allocated 60% and stakers are allocated 30% of the daily NR mining for protocol contributor.
Trader
Traders are allocated 10% of the daily NR mining for protocol contributor.
Governance Member
Governance Token Stakers share the mid- to long-term vision of NEURONswap. Stakers are allocated 60% of the daily NR mining for protocol contributor.
Deflation Model
NEURONswap has different buyback systems as the protocol grows. The systems are designed as a virtuous cycle ecosystem that encourages liquidity providers and traders to participate more in the ecosystem by continuously increasing the value of the NR token.
Burn of Transaction Fee(NR Token)
Burn NR tokens used to create liquidity pool
Burn NR tokens from Rony Box sale
Burn a portion of NFT Market fee
Burn airdrop NR tokens
Burn NR token caused by unstake penalty
5 Deflations throughout the distribution
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