🌏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.
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 |
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.
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