Tokenomics
Last updated
Last updated
Ticker: HAUST
Maximum supply: 10,000,000,000 HAUST
Emission mechanism: An initial distribution event with token creation, followed by a gradual release process achieved through staking rewards and ecosystem contribution incentives.
Token distribution:
- Liquidity: 20% (2,000,000,000) for providing initial liquidity on DEXs and CEXs, with a portion immediately available and the rest gradually unlocked as needed
- Ecosystem: 25% (2,500,000,000) for incentivizing developers, users and partners, distributed through grants and rewards over 5 years
- Treasure: 30% (3,000,000,000) reserve for strategic initiatives and ensuring the protocol's sustainability together with reserve for subsidize gas fees, unlocked as needed
- Loyalty: 10% (1,000,000,000) for Loyalty Program point holders with a 1-year unlock period
- Team: 15% (1,500,000,000) for the core team and advisors, with a 3-year unlock period
2% out of 10b HAUST tokens will be in circulation within the first 2 years.
HAUST token utility:
Non-subsidized transaction fee
Deploying smart-contracts
Listing of external projects
veHAUST DAO
Developing by Haust Labs
Fee for Haust protocols and resources
Haust Oracles connection fee (Soon)