Tokenomics, Utility & Governance
Last updated
Last updated
There will be a whitelist sale of 6 BTC at ~15% discounted price to public sale
Sale metrics
Total supply of governance token will be 10 B
Listing mcap will be 970k$ and FDV ~2.3M$
Team supply
Team owns 10% of supply which will be locked for 6 months. Currently we dont have a way to lock & vest tokens on BRC20, we are looking for some trusted custodian who can hold & vest as per schedule.
Airdrop to $bYLD
30.0%
3,000,000,000
40% listing, 60% after 2 weeks
Whitelist Presale
8.0%
800,000,000
$0.00020
$162,000.00
6.00
$2,025,000
Unlocked (15% discount over public sale)
150 whitelist, 0.03 min, 0.1 max
Public Presale
22.0%
2,200,000,000
$0.00023
$513,000.00
19.00
$2,331,818
Unlocked
0.05 min, 0.25 max
Farming Rewards
15.0%
1,500,000,000
5% for BYLD, 2.5% for ORDI, 7.5% for Ordinals and other BRC-20. Farms will go live 6 weeks after TGE
Team
10.0%
1,000,000,000
6 months lock, 10 months linear release
Marketing
8.0%
800,000,000
CEX/DEX/LP
7.0%
700,000,000
Total
100.0%
10,000,000,000
$675,000.00
25
Listing Supply
4,200,000,000
Below is the usage of funds & distribution of the same
Team
35.0%
$236,250.00
Liquidity (AMMs in future)
25.0%
$168,750.00
DAO Treasury
18.0%
$121,500.00
Security & Audits
7.5%
$50,625.00
Infra & backend
7.5%
$50,625.00
Social media/Marketing
5.0%
$33,750.00
Protocol Revenue
2.0%
$13,500.00
Total
100.0%
$675,000.00
A total of $710k worth of governance token will be airdropped to $bYLD holders. The governance token airdrop will be released in 2 traches for $bYLD holders. First 40% released on TGE and another 60% 2 weeks later.
$bYLD holders can also farm Bitstake token, a total of 5% supply is available spread accross a period of 1 year
$bYLD holders with 20k+ tokens will be given a) Whitelist for private sale b) Allocation multiplier/priority pass for projects launching on BitStake launchpad. More details coming soon!
2.5% of governance token will be distributed to $Ordi holders as farming rewards over period of 1 year
There will be strategic partnerships with NFTs/BRC-20 tokens on Ordinals where they get exclusive farming rewards of governance token 2 Partnerships already finalised with bluechip projects. More details are coming soon
BitStake Launchpad to conduct community sales will go live before fund raise. Basically, the private/public sale will be conducted on BitStake Launchpad only
BitStake Launchpad acts as revenue generating mechanism for BitStake Protocol. 2% of total collection will go as revenue to the DAO treasury.