Bloxomics
Last updated
Last updated
The bloxomics are designed to ensure a sustainable ecosystem for users, investors, and the platform's development team. A clear understanding of the BLOX token distribution, allocation, and utility mechanisms is crucial for stakeholders to comprehend the value and potential growth. Here, we detail the bloxomics structure, incorporating the total supply, taxation, and distribution strategies.
As illustrated in Figure 1, a significant portion of BLOX coins is allocated for various essential components such as ecosystem development, staking, farming, advisor and partnership engagements, marketing, team incentives, treasury, and liquidity provision. This strategic allocation offers several advantages for the project.
The total supply of BLOX tokens is set at 1,000,000,000 (1 billion). This fixed supply ensures that the distribution of tokens remains consistent with the project's long-term vision, supporting the tokenomics strategy and fostering sustainable growth within the ecosystem.
During Fundraising Rounds, 19% of the total supply is allocated to the four Presale rounds. This allocation supports early investment and project development, providing resources for strategic growth, including Centralized Exchange (CEX) listings, marketing efforts, and partnerships.
The Token Generation Event (TGE) marks the official launch of the BLOX token, with 5.7% of the total supply unlocked and distributed according to the fundraising rounds and vesting schedules. It includes all of the Fundraising Rounds, as well as all Airdrop & Referral tokens and 25% of CEX & DEX tokens.
Vesting ensures a structured and gradual release of tokens over time, with 94.3% of the total supply allocated for this purpose. This strategy supports the project's long-term stability and growth by managing token distribution and aligning incentives with the platform's development and community engagement.
The Ecosystem fuels the development of diverse projects on the BLOX network, with 24% of the total supply allocated. This includes launchpads, decentralized exchanges (DEXes), memecoins, Web3 applications, and more. As these initiatives expand, the use cases for BLOX coins continue to grow, fostering a dynamic and evolving ecosystem.
By creating Staking Pools with appealing rewards and diverse schedules, the project attracts validators and users to participate using 29% of the total supply. This approach not only boosts the Total Value Locked (TVL) but also fosters trust in the blockchain, increases its popularity, and helps manage inflation.