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Tokenomics
Total Token Supply : 100,000,000
Token Digits : 6
Quarter | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
---|---|---|---|---|---|---|---|---|---|---|---|
Investors | 0 | 0 | 0 | 3125000 | 6250000 | 9375000 | 12500000 | 15625000 | 18750000 | 21875000 | 25000000 |
Company | 0 | 0 | 0 | 2500000 | 5000000 | 7500000 | 10000000 | 12500000 | 15000000 | 17500000 | 20000000 |
Team | 0 | 0 | 0 | 1500000 | 3000000 | 4500000 | 6000000 | 7500000 | 9000000 | 10500000 | 12000000 |
Liquidity | 0 | 0 | 0 | 1875000 | 3750000 | 5625000 | 7500000 | 9375000 | 11250000 | 13125000 | 15000000 |
Treasury | 0 | 0 | 0 | 1875000 | 3750000 | 5625000 | 7500000 | 9375000 | 11250000 | 13125000 | 15000000 |
Capital | 13000000 | 13000000 | 13000000 | 13000000 | 13000000 | 13000000 | 13000000 | 13000000 | 13000000 | 13000000 | 13000000 |
Total Released | 13000000 | 13000000 | 13000000 | 23875000 | 34750000 | 45625000 | 56500000 | 67375000 | 78250000 | 89125000 | 100000000 |
The initial distribution of ECTA tokens includes various stakeholders such as initial investors, the team, and the company itself. The tokens allocated to these parties will be subject to vesting schedules to promote long-term commitment and alignment with the project's goals. you can read more about token distributions here.
The ECTA token serves as major utility alongside of other stable token like USDT, within the EchoTrade ecosystem. it is used to staking to having some share of profits gained by the platform.
EchoTrade offers a platform where Basket creators can manage and trade with the funds invested in their Baskets. When profitable trading occurs, the gained profit from the market is shared among the Trader (Basket creator), the Investor, and the ECTA token Stakers.
The ECTA token plays a pivotal role in distributing the profits gained from the trading of Baskets. These profits are proportionally shared with ECTA token holders based on their ECTA token staked balance. Holders with larger ECTA balances receive a higher share of the distributed profits, aligning rewards with the level of token ownership.
Staking and burning ECTA tokens will control the liquidity and price of the token in market. in burning, under certain conditions, a portion of ECTA tokens can be permanently removed from circulation. Additionally, considering the emphasis on long-term engagement, the staking mechanism introduced to encourage holders to lock up their tokens for a specific period in exchange for rewards and benefits.
The ECTA tokenomics aims to incentivize participation, investment, and engagement within the EchoTrade ecosystem. By rewarding both traders and investors with a share of the profits gained from successful trading activities, the token promotes collaboration and growth. The distribution of profits to token holders aligns incentives and encourages the accumulation of ECTA tokens, fostering a community of stakeholders with a shared interest in the platform's success.