Astroon Token ($AST)
Last updated
Last updated
The Astroon token economy is the foundation of the Astroon ecosystem. The Astroon token ($AST) is a native asset used in the Astroon game and other Astroon products and services. The token is a tool that allows users to contribute to the Astroon ecosystem and earn rewards.
Token Supply and Distribution:
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Token Utilities:
In-game purchases: Tokens can be used to purchase characters, weapons, and other in-game items in the Astroon game.
Service payments: Tokens can be used to pay for various services offered within the Astroon ecosystem.
Investment: Astroon tokens can be used to invest in the future of the Astroon ecosystem.
Governance: Astroon token holders can use their tokens to influence decisions about the future of the Astroon ecosystem.
Token Value:
The value of the Astroon token is determined by supply and demand. The growth of the Astroon ecosystem and the increased use of the token will help to increase the value of the token.
Burn Mechanism:
The Astroon project will implement an aggressive burn mechanism to protect the token supply and token value. 50% of project revenue will be allocated to the burn process. This includes revenue from all Astroon products, such as Astroon Animation, Astroon Fall, Astroon Idle, and the upcoming Astroon Merch and Astroon Community App.
Benefits of the Burn Mechanism:
Reduces Token Supply: Burning tokens reduces the number of tokens in circulation, increasing token scarcity and, consequently, value.
Creates Deflationary Pressure: The reduced token supply creates deflationary pressure, helping to preserve the token's long-term value.
Increases Investor Confidence: An aggressive burn mechanism assures investors that the token's value will be protected, increasing investment appeal.
Burning Process:
The burning process will be conducted in a transparent manner following these steps:
Revenue Collection: 50% of project revenue will be allocated to a burn wallet.
Token Purchase: The burn wallet will purchase a specific amount of Astroon tokens from the market.
Token Sending: Purchased tokens will be sent to the "0x000000000000000000000000000000000000dEaD" address to be burned.
Announcement: After each burn event, transaction details and the amount of tokens burned will be announced to the community.
Conclusion:
The Astroon token economy provides a solid foundation for the sustainability and growth of the Astroon ecosystem. The token is a tool that allows users to contribute to the Astroon ecosystem and earn rewards. The value of the Astroon token will increase with the growth of the Astroon ecosystem and the increased use of the token.
Note: This document is for informational purposes only and should not be construed as financial advice. It is important to do your own research before making any investment decisions.
