Tokenomics
"The only regret you’ll have is you didn’t buy more." - Leonardo DiCaprio (Wolf of Wall Street)
Token Generation Event (TGE)
SolRain is designed to only have an initial and maximum supply of 50 Million tokens. This means that inflation rate will start at 0% for the rest of the project's lifecycle. On the other hand, SolRain can be treated as a deflationary protocol due to the fact that there will invariably be tokens lost from defunct wallets and even token burn events.
Distribution
Distribution of SolRain tokens will be allocated according to :
30% earmarked for protocol rewards
10% reserved for LP (liquidity pool) creation on DEX
10% allocated for the private/seed sale
20% allocated for the pre-sale
15% kept by the team
10% will be used for marketing purposes
The remaining 5% will be used to form a community wallet for the long term benefit of the project!
Incentives & Utility
The premise of SolRain is simple - it is one focused heavily on incentives for it's participants. Stake SolRain to earn a 1% return on the staked amount for 365 days. The protocol is designed to payout 365% of the original amount staked, without any intervention from the participant at all.
Some will naturally gravitate to compounding their stake before the 365 day period is up in order to increase the earned amount on a daily basis. Each person will have their own strategies and ideas on how to best maximize their investment.
Another utility for SolRain would be on future governance of the protocol. Holders and/or stakers of SolRain may be invited to participate in shaping the future of the project. This will be in the form of an ad-hoc, on-chain vote based on predefined conditions for participation.
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