How much is the Bone ShibaSwap (BONE) currency issued?

Bone ShibaSwap (BONE) Issuance: Understanding the Token's Supply

Bone ShibaSwap (BONE) is the governance token of the ShibaSwap ecosystem, a decentralized exchange (DEX) and ecosystem of blockchain applications. The issuance of BONE plays a crucial role in the platform's governance and community engagement.

1. Total Supply and Distribution

• BONE has a maximum supply of 250,000,000 tokens, which represents the total number of BONE that will ever be created.

• The total supply is distributed as follows:

  • 50% for liquidity provision incentives
  • 25% for rewards to SHIB holders
  • 15% for development and marketing
  • 10% for the team and advisors

2. Liquidity Provision Incentives

• 50% of BONE (125,000,000 tokens) is allocated for liquidity provision incentives.
• These tokens reward users who provide liquidity to ShibaSwap's liquidity pools, ensuring sufficient liquidity for trading pairs.
• Liquidity providers receive BONE tokens in proportion to their contribution to the pool's liquidity.

3. Rewards to SHIB Holders

• 25% of BONE (62,500,000 tokens) is allocated as rewards to SHIB holders.
• Users who hold SHIB tokens in their wallets or in the ShibaSwap platform are eligible to receive BONE rewards.
• The rewards are distributed periodically and are based on the amount of SHIB held.

4. Development and Marketing

• 15% of BONE (37,500,000 tokens) is earmarked for development and marketing initiatives.
• This funding supports the ongoing development of the ShibaSwap platform, marketing campaigns, and community outreach efforts.

5. Team and Advisors

• 10% of BONE (25,000,000 tokens) is allocated to the team and advisors responsible for the creation and management of the ShibaSwap ecosystem.
• This allocation ensures that the core team has the resources to continue developing and improving the platform.

Conclusion

The issuance of BONE ShibaSwap plays a crucial role in the governance and community engagement of the ShibaSwap ecosystem. By distributing the token across various stakeholders, it incentivizes liquidity provision, rewards SHIB holders, and supports the ongoing development and marketing of the platform.