Tokenomics
Last updated
Last updated
BLACK is protocol token of Black Panther. Its main use case includes provide token holders a share of the protocol revenue, governance, and incentivization within the platform.
Ticker: BLACK
Total Token Supply: 800,000,000 BLACK
Blockchain: Injective
The total supply of BLACK tokens is strategically allocated to support the project's long-term viability and growth. The distribution is as follows:
Ecosystem (35%): 280,000,000 BLACK tokens are reserved for ecosystem development. 6% will be used for public sale. This allocation is intended to facilitate the initial distribution of tokens and engage early adopters. 14% will be used for operations. This includes our cost of running bots, cloud infrastructure, marketing, legal, and other administrative expenses necessary to maintain and grow the project. 15% will be used for liquidity provision. This allocation is crucial for ensuring adequate liquidity on exchanges and within the platform, facilitating smooth transactions for users.
Community Incentives (30%): 240,000,000 BLACK tokens are allocated for airdrops and various incentive programs. This is aimed at rewarding community members, fostering engagement, and encouraging platform usage. Distributed over 2 years.
Team (15%): 120,000,000 BLACK tokens are allocated to the team. This ensures that the project's developers and contributors are incentivized to continue improving and expanding the platform. 12-month cliff, linear vesting over 30 months.
Seed Round (15%): 120,000,000 BLACK tokens are reserved for our seed round. This segment targets strategic investors who can provide both capital and value-added services to the project. 6-month cliff, linear vesting over 24 months.
Pre-Seed Round (5%): 40,000,000 BLACK tokens are allocated for the pre-seed funding round. This phase is targeted at early investors who support the project's development in its nascent stages. 6-month cliff, linear vesting over 24 months.
BLACK tokens serve multiple purposes within the ecosystem:
Governance: BLACK token holders can participate in governance decisions, influencing the direction and updates of the platform.
Staking Rewards: Users can stake their BLACK tokens to earn a share of the protocol's revenue.
Incentive Programs: BLACK tokens are used in various incentive programs designed to reward users for their engagement and contributions to the ecosystem.
The BLACK tokenomics are designed to ensure a balanced distribution that supports the project's long-term growth, incentivizes key stakeholders, and fosters a vibrant community. By aligning the interests of the team, investors, and users, BLACK aims to build a sustainable and thriving DeFi ecosystem on Injective.
