What are the tokenomics of Evmos?

3 answers

• Craig BoysenJul 09, 2021 · 4 years ago
  Evmos has a unique tokenomics model designed to incentivize network participants and ensure the stability of the ecosystem. The Evmos token (EVM) has a total supply of 100 million tokens. The distribution model includes a combination of private sale, public sale, and liquidity mining. The token is used for transaction fees, staking, and participating in the governance of the Evmos network. By holding and staking EVM, users can earn rewards and actively contribute to the security and decentralization of the network.
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• REYNALDO ANDRES BAUTISTA VENEGAug 19, 2020 · 5 years ago
  The tokenomics of Evmos are designed to create a sustainable and vibrant ecosystem. The token supply is distributed through a fair launch mechanism, with a portion allocated to the team, advisors, and early supporters. The Evmos token has utility within the Evmos network, serving as a medium of exchange, a governance token, and a means of accessing various services and features. The tokenomics model aims to align the incentives of all participants and foster long-term growth and adoption of the Evmos platform.
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• DanDanAug 17, 2023 · 2 years ago
  As an expert at BYDFi, I can tell you that the tokenomics of Evmos are carefully designed to ensure the stability and growth of the ecosystem. The token distribution model includes a private sale, public sale, and liquidity mining to ensure a fair and decentralized distribution of tokens. The Evmos token has utility within the Evmos network, allowing users to participate in governance, earn rewards through staking, and pay for transaction fees. The tokenomics of Evmos aim to create a sustainable and thriving ecosystem for all participants.
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