ACY Tokenomics
Our 200,000,000 (200Million) ACY Tokens are distributed as follows:
1) 20% for Contributors - 40,000,000 (40 million)These tokens are rewards for the hard work of the developers, designers, managers, and other team members behind ACY Finance.
2) 15% for ACY Foundation - 30,000,000 (30 million)ACY Foundation is a non-profit organization to facilitate decentralised decision-making within ACY Finance. Funds are used to realise community suggestions for the project, which have received approval from the board.
3) 20% for Institutional Investors - 40,000,000 (40 million)Institutional investors are companies or organisations, such as Venture Capitals, who hold our tokens through private sales.
4) 15% for Marketing - 30,000,000 (30 million)These include IDOs and airdrops. We are currently holding our first IDO with Hippo Finance, with several others in the pipeline. Airdrops will be streamed until all allocated funds are exhausted.
5) 20% for Providers and Users - 40,000,000 (40 million) Transaction Fees for liquidity providers are distributed in ACY Tokens. Users and Liquidity Providers also have another source of income which is from our Flash Arbitrage, which could be multiple times of the income from liquidity mining. More details of Flash Arbitrage revenue can be found here.
6) 10% for Ecosystem Fund - 20,000,000 (20 million) This provision is to reflect our commitment to the development of our project's ecosystem by integration or collaboration. Use case examples are sponsorships for hackathons, bounty awards for bug finding or solving, and grants for developer communities.
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