DeBox Announces BOX Token Tokenomics, Here's the Allocation!
2024-09-09
Bittime -DeBox announces token tokenomics BOX with total supply reaching 1 billion BOX tokens. Read this article to find out more!
BOX Token Tokenomics
Following are the details of the BOX token allocation announced by DeBox.
- 35% for ecological prizes, DeBox users who actively contribute to the ecosystem will get rewards in the form of BOX tokens.
- 20% for foundation, supports DeBox's long-term development, including research and technological innovation.
- 20% for investors and advisors, with a vesting period of 2 years.
- 17% for core contributors, including current and future team members, with a 4-year vesting period.
- 5% for airdrop, which was given via one airdrop to community participants and for subsequent airdrops.
- 3% for liquidity and marketing, ensuring BOX tokens have sufficient liquidity on crypto exchanges and supporting marketing campaigns to increase public awareness of the DeBox project.
Read Also: UXLINK Announces Tokenomics Token $UXLINK, 10% for Airdrop!
BOX Token Tokenomics and vDBX Features
In addition to the tokenomics of the BOX token, DeBox also introduces the concept vDBX, which are ecological points within the DeBox ecosystem. These points can be exchanged for BOX tokens at a ratio 1:1. This feature will be open for redemption in the near future.
With this feature, DeBox can ensure that participation in the ecosystem is not only beneficial in the short term, but also provides concrete added value in the form of BOX tokens.
DeBOX Long Term Potential
With the above allocation structure, DeBox seeks to create a sustainable and inclusive ecosystem. The large allocation for ecological rewards shows DeBox's commitment to providing incentives to users who actively participate.
Additionally, the vesting period for investors, advisors, and core contributors ensures that there will not be huge selling pressure early in the token launch, which is often a problem in new crypto projects.
Read Also: Airdrop2049 Phase 2 Begins and Announces $AIR Token Tokenomics!
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