In Decentralized Finance (DeFi), the significance of well-structured tokenomics cannot be overstated. Enter Flipmoney, a project that takes a thoughtful approach to designing its tokenomics, aiming to establish sustainability, incentivize participation, and reward early supporters.
Flip token adopts a sustainable liquidity provision strategy reminiscent of its “Big Brother”, the MOC token.
The BPROmax Liquidity Mining Program will begin 10 days after the TGE (Token Generation Event). This program assigns 10% of the total amount of Flip tokens (21,000,000) with a 3% monthly (every 30 days) distribution of the remaining amount.
This means that, in the first 30 days, the program will distribute proportionally among BPROmax holders 3% of 21,000,000 = 630,000 Flip tokens. In the second 30 days, it will distribute 3% of the remaining (20,370,000) = 611,100, and so on.
The earlier you hold BPROmax, the more Flip tokens you receive.
Besides this, 1% of the total liquidity in BPROmax annually goes to the Flip token. This ensures a consistent flow of liquidity while adjusting proportionally every week to accommodate market dynamics.
Flip Token uses a fee-sharing mechanism designed to benefit its community directly. A significant 80% of the fees charged on every transaction, minting and redeeming COP / ARS or BPROmax tokens and potentially other assets in the future, are distributed among Flip Token stakers.
This revenue distribution incentivizes user participation and fosters a sense of ownership and accountability within the community. By aligning incentives with revenue generation, Flipmoney aims to create a fair and transparent ecosystem where all stakeholders can share in the protocol's success.
Flipmoney introduces a Staking Rewards Program, allocating 30% of Flip tokens to incentivize early adoption and engagement. Following a model similar to block rewards in Bitcoin, the Staking Rewards Program encourages users to actively participate in the protocol, thereby contributing to its growth and security.
The program begins 10 days after the Flip TGE. Those holders who stake Flip tokens will receive proportionally 3% of the total remaining amount per month of the Staking Rewards Program. This way, the number of tokens to be distributed will decrease every 30 days.
Let’s see the numbers. In the first 30 days, the program will distribute proportionally among Flip stakers 3% of 63,000,000 = 1,890,000 Flip tokens. In the second 30 days, it will distribute 3% of the remaining (61,110,000) = 1,833,300, and so on.
The earlier you stake Flip tokens, the more Flip tokens you get.
By rewarding early supporters for their commitment, Flipmoney seeks to cultivate a loyal and engaged community invested in long-term project success.
In summary, Flipmoney presents its tokenomics prioritizing sustainability, fairness, and community engagement. Through its emphasis on sustainable liquidity provision, equitable fee-sharing mechanisms, and incentivized staking rewards, Flipmoney aims to establish itself as an alternative to traditional finance in emerging markets.