📝TOKENOMICS
Tokenomics plays a crucial role in the success and sustainability of the Xyra Ai project. Here's a detailed overview of the tokenomics framework:
Total Token Supply:
The total token supply for XYRA AI is set at 10,000,000 $XYAI tokens.
Token Taxes:
Buy Tax: 5%
Sell Tax: 5%
Project Utility:
Governance: Holders of XYRA AI tokens possess governance rights, enabling them to participate in critical decisions related to the project's development, such as protocol upgrades, feature implementations, and treasury management.
Utility within the Ecosystem: XYRA AI tokens serve as the primary utility within the project's ecosystem. They can be utilized for accessing premium features, paying for transaction fees, participating in special events and promotions, and more.
Taxes Allocation:
Buy Tax (5%):
2.5%: For project development
2.5%: Added to the liquidity pool to enhance liquidity and stability in the market.
Sell Tax (5%):
5%: Marketing, partnerships, and other operational expenses.
Token Buyback and Burn:
Periodic token buybacks may be implemented using a portion of the taxes collected. The bought-back tokens are subsequently burned, reducing the total token supply and potentially increasing the token value over time.
Vesting and Release Schedule:
Team and Advisor of project may be subject to vesting schedules to ensure long-term commitment and prevent token dumping. Tokens are released gradually over a specified period to align with the project's long-term objectives.
Transparency and Reporting:
Regular updates and transparency reports are provided to the community, detailing token allocation, taxes collected, and any token buyback and burn activities. This commitment to transparency fosters trust and ensures accountability within the community.
The robust tokenomics of XYRA AI are designed to incentivize participation, foster community engagement, and drive ecosystem growth. Through transparent mechanisms and a clear utility proposition, XYRA AI aims to create sustainable value for its token holders while advancing the project's mission in the cryptocurrency space.
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