🪙Tokenomics

  • Ticker: $CLAY

  • Chain: Ethereum (ETH)

  • Total Supply: 1 Billion CLAY tokens

1. Utility of $CLAY Tokens:

  • Incentives for Users and Developers: $CLAY tokens are distributed as rewards for creating and promoting MemeCoins, completing platform tasks, and participating in governance decisions.

  • Governance: $CLAY token holders can vote on key decisions, such as platform updates, tokenomics changes, and new features.

  • Staking: Users can stake $CLAY tokens to earn additional rewards and participate in the platform’s governance.

2. Token Distribution:

  • 80% to Liquidity Pool (LP): A significant portion of the tokens (80%) will be allocated to the liquidity pool to ensure platform liquidity, enable smooth transactions, and support MemeCoin trading. This allocation ensures that there is sufficient liquidity for users to participate in the platform without facing significant slippage or transaction delays. It will also help stabilize the token’s value as the ecosystem grows.

  • 10% to Rewards Pool: 10% of the tokens will be reserved for the rewards pool. This will be used to incentivize active users who contribute to the platform through task completion, staking, and governance participation. It ensures long-term engagement and rewards users for their involvement in the platform’s success.

  • 5% to Founders and Team: 5% of the tokens will be allocated to the founders and team members. This allocation ensures that those who have played a key role in CoLayer’s development and growth are incentivized to continue contributing to the platform’s success.

  • 5% to Partners and Advisors: 5% of the total token supply will be set aside for strategic partnerships and advisors who help promote, expand, and integrate CoLayer into the broader ecosystem. This allocation supports the development of critical relationships that will help drive adoption and the platform’s long-term success.

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