Tokenomics - NXFY

Allocation

• Total Supply: 1,000,000 NXFY

• Initial Token Distribution:

  • Initial Liquidity : 60% - 600,000 NXFY

  • Team & Founders: 10% (Vested over 2 years) - 100,000 NXFY

  • Reserves: 5% - 50,000 NXFY

  • Ecosystem & Partnerships: 10% - 100,000 NXFY

  • Staking & Rewards: 10% - 100,000 NXFY

  • Marketing & Development: 5% - 50,000 NXFY

Utility

The NXFY token serves as a governance token, enabling token holders to vote for the adoption of any decisions in the project.

Additionally, the NXFY holding program will be implemented, whereby token holders can put their tokens into a pool with different lock-up periods and receive stNXFY tokens in exchange.

The stNXFY tokens can be used to vote in DAO, and holders will receive varying amounts of voting power and revenue share, depending on the pool they choose.

For example:

You put 10.000 URB in the pool with a 1-year lock-up and get 9.900 stURB and 0.0001% of the profit protocol in return.

Deflationary model

Despite the fact that our token has a limited issue, we are working on a mechanism to burn the token, redeeming it from holders and burning a portion of the commission income in the token.