What is DEVVE’s token economics model?

DEVVE employs a dual token system with DEVVE on Ethereum for governance and staking, while DEVVE v2 on Binance Smart Chain enables staking, transactions, and governance within its ecosystem.

Dec 31, 2024 at 11:38 am

Key Points:

• DEVVE's token economics model is based on a dual token system, DEVVE and DEVVE v2
• Max supply of DEVVE token is 100,000,000.
• Max supply of DEVVE v2 token is 10,000,000,000.

Token Economics Model:

DEVVE Token

• Token Type: ERC-20
• Total Supply: 100,000,000 DEVVE

• Distribution:

  • 20% - Team and Advisors
  • 30% - Token Sale
  • 50% - Ecosystem and Development

Use Cases:

• Governance: DEVVE token holders can participate in voting on protocol decisions.
• Staking: DEVVE tokens can be staked to earn rewards and secure the network.
• Transaction Fees: DEVVE tokens will be used to pay for transactions on the DEVVE network.

DEVVE v2 Token

• Token Type: BEP-20
• Total Supply: 10,000,000,000 DEVVE v2

• Distribution:

  • 25% - Community Airdrop
  • 5% - DEX Liquidity
  • 15% - Yield Farming
  • 55% - Ecosystem Development

Use Cases:

• Staking: DEVVE v2 tokens can be staked to earn rewards and secure the DEVVE v2 network.
• Transaction Fees: DEVVE v2 tokens will be used to pay for transactions on the DEVVE v2 network.
• Governance: DEVVE v2 token holders will be able to participate in governance of the DEVVE v2 ecosystem.

Tokenomics FAQs:

Q: What is the purpose of the dual token system?

A: The dual token system allows DEVVE to leverage the benefits of both the ERC-20 and BEP-20 standards. The DEVVE token is used for governance and staking on the Ethereum network, while the DEVVE v2 token is used for staking and transactions on the Binance Smart Chain.

Q: How can I acquire DEVVE tokens?

A: DEVVE tokens can be purchased through the DEVVE token sale or on decentralized exchanges.

Q: How can I acquire DEVVE v2 tokens?

A: DEVVE v2 tokens can be acquired through the community airdrop, DEX liquidity pools, yield farming programs, or by purchasing them on decentralized exchanges.

Q: What is the future of DEVVE's tokenomics model?

A: The DEVVE team is committed to developing a sustainable tokenomics model that aligns with the long-term growth of the DEVVE ecosystem. The team will continue to monitor the performance of the token economics model and make adjustments as needed to ensure the platform's success.