The $TRUMP tokenomics details
Total Supply: The total supply of $TRUMP tokens is set at 1 billion tokens.
Initial Circulating Supply: At launch, only 200 million tokens were available in the market. This represents 20% of the total supply.
Locked Tokens: 80% of the tokens (800 million) are held by CIC Digital LLC and other related entities. These tokens are subject to a lock-up period.
Lock-Up Period: There's a three-month initial cliff period before any of these locked tokens begin to be released.
Unlocking Schedule: After the cliff, these tokens are set to unlock gradually over the next three years.
Distribution:
Public Distribution: 10% of the total supply (100 million tokens) is allocated for public distribution.
Liquidity: Another 10% (100 million tokens) is allocated to liquidity pools, which are crucial for maintaining the token's tradability.
Purpose and Use: As
Collectible and Memorabilia:
Supporter Engagement: Fans or political supporters of Donald Trump might buy $TRUMP tokens as a form of digital memorabilia or to show support. This could be similar to buying campaign merchandise but in digital form.
Total Supply: The total supply of $TRUMP tokens is set at 1 billion tokens.
Initial Circulating Supply: At launch, only 200 million tokens were available in the market. This represents 20% of the total supply.
Locked Tokens: 80% of the tokens (800 million) are held by CIC Digital LLC and other related entities. These tokens are subject to a lock-up period.
Lock-Up Period: There's a three-month initial cliff period before any of these locked tokens begin to be released.
Unlocking Schedule: After the cliff, these tokens are set to unlock gradually over the next three years.
Distribution:
Public Distribution: 10% of the total supply (100 million tokens) is allocated for public distribution.
Liquidity: Another 10% (100 million tokens) is allocated to liquidity pools, which are crucial for maintaining the token's tradability.
Purpose and Use: As
Collectible and Memorabilia:
Supporter Engagement: Fans or political supporters of Donald Trump might buy $TRUMP tokens as a form of digital memorabilia or to show support. This could be similar to buying campaign merchandise but in digital form.