💰Tokenomics and Protocol Fees
Building a Cohesive Community with TaoTrade
Last updated
Building a Cohesive Community with TaoTrade
Last updated
TaoTrade's total supply is 100,000,000 $TTRADE tokens
TaoPad Presale - 20% - 20,000,000
Private Round - 20% - 20,000,000
Liquidity - 15% - 15,000,000
Liquidity Mining - 15% - 15,000,000
Team - 10% - 10,000,000
Ecosystem Incentives - 5% - 5,000,000
Airdrop - 5% - 5,000,000
Advisors - 5% - 5,000,000
Marketing / CEX Listing - 5% - 5,000,000
$TTRADE Utility PNL Exiting fee - 5% from profitable positions will be deducted from earnings, and shared among token holders
Value Accrual from Fees - $TTRADE stakers will earn 20% of trading fees (funding fee + exiting fee) charged by the protocol, 80% of the trading fees goes to the LP (tVaults)
Governance/Voting - $TTRADE also acts as the governance token to vote on the direction of the protocol. Protocol Fees
Funding Fee - There is a minimum 1.5 hour fee collected. 20% of fees collected go to the stakers and 80% goes to the LP (tVaults)
Volume - a 3% fee is collected on buys and sells of the $TTrade token for ecosystem growth and trading pair expansion
PNL exiting fee - 5% fee from profitable positions will be deducted from earnings, there are no fees if position is closed at a loss
VIP/Referral For referral: the trader receives 5% discount from the funding rate. The referrer receives 5% of the fees calculated based on premiums received when the positions are closed. VIP referral status allows for 8% rebate to traders and 8% to referrers.
Unlock Schedule
Team Vesting: Tokens allocated to the team will be linearly vested over a period of 6 months from TGE
Private Round Investors: Tokens allocated to the private round investors will be linearly vested over a period of 6 months from TGE
Tpad Presale Participants: 50% unlocked at TGE. This approach ensures that approximately 50% of presale tokens will be available for trading upon the deployment of liquidity, projected for midday on April 13-14. The other 50% will be linearly vested for 1 week after the TGE
Launchpad
TaoTrade will launch on the TaoPad launchpad.
