July 9, 2021
1,000,000,000,000,000 1 Quadrillion (50% burned)
Using DeFi protocols, the tax on transactions is used to benefit the longevity of the project and further progress towards it's goals.
Every holder of ChainCade token earns passive rewards through static reflection, no staking required. The burn address also receives the redistribution, acting as a deflationary mechanism and decreasing the total supply over time.
Every trade also contributes toward automatically generating DeFi liquidity, benefiting investors by creating a stable price floor thus decreasing the impact of large sell-offs.
Our tokenomics was designed with further development and growth in mind and will fund our gaming rewards, developer program, giveaways, and more.
3 Team members received 1% supply (1,000,000,000) each with no vesting period, along with initial promotion and upstart cost, totaling 5%.
Transaction tax is temporary, and will be scaled back as the ecosystem develops and matures.