🌏NFTE Token and Tokenomics

NFTE Tokenomics

NFTE is the native protocol token of the NFTEarth ecosystem. It is designed primarily to be used for staking, voting, and overall governance of the protocol. NFTE is an ERC-20 token that leverages the LayerZero Omnichain Fungible Token (OFT) extension. By using the OFT technology, the NFTE token is able to be sent cross-chain faster and for lower cost, while also being a more secure method of moving tokens across chains than traditional liquidity-based bridges.

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View NFTE Token Information on CoinGecko and CoinMarketCap:

CoinGecko: https://www.coingecko.com/en/coins/nftearth

CoinMarketCap: https://coinmarketcap.com/currencies/nftearth/

Tokenomics

Total and Maximum Supply of NFTE	1,000,000,000
Current Circulating Supply of NFTE	600,000,000

Token Allocation

Category	NFTE allocated
Staking Rewards	20% of the total token supply
Liquidity	10% of the total token supply
Airdrop 1	8% of the total token supply
Airdrop 2	6% of the total token supply
Airdrop 3	6% of the total token supply
Marketing	5% of the total token supply
NFTEarth DAO Treasury	5% of the total token supply
NFTEarth Team	5% of the total token supply
Reserve	15% of the total token supply
Advisors	20% of the total token supply

NFTE Tokenomics

What is the total supply / circulating supply / global supply?

• 1,000,000,000 (1 Billion) NFTE tokens. The max supply and total supply of tokens have all been minted, spread across the networks the protocol has deployed the token to.