Tokens & Allocation
Last updated
Last updated
GlobalSwap Exchange Contract:
GlobalSwap Token (GB) is a decentralized cryptocurrency built on the Binance Smart Chain (BSC) that aims to revolutionize the world of decentralized finance (DeFi). The tokenomics of GSW play a crucial role in the functioning of the platform and its ecosystem. Below are the key aspects of GSW tokenomics:
Token Name: GB Token.
Symbol: GB
Type: BEP-20 (Binance Smart Chain)
Total Supply: 1,000,000,000
Token Allocation: The GB token distribution and allocation are designed to ensure a fair and sustainable ecosystem. The distribution of tokens is as follows:
Initial Token Sale: 21.6% of the total supply is allocated for the initial token sale, allowing early adopters and investors to participate in the project. IDO on Cryptosale.finance
! Note: All the token allocated in IDO, if not sold to anyone during IDO time, will be burned afterward.
Pool - Staking - Farm - NFT: 30% of the total supply is dedicated to creating a liquidity pool. This pool ensures that there are sufficient funds to facilitate smooth trading and liquidity provision for users on decentralized exchanges (DEXs).
Development and Team: 5% of the total supply is reserved for the development team, advisors, and contributors. This allocation motivates the team to work on the project's growth and long-term success.
Marketing and Community: 5% of the total supply is allocated for marketing initiatives and community building. This ensures widespread awareness and adoption of the GlobalSwap platform.
Burn : 38.4% of the total supply is allocated to Token Burning for token economy and control the token supply, GlobalSwap employs token burning mechanisms.