Sustainability
Long live $BB.
Fixed Supply
Initial and Max Supply:
Initial Supply: 500 million $BB
Max Supply: 500 million $BB
No Inflation: The minting function is renounced, guaranteeing that no new $BB tokens can be created beyond the initial max supply.
Team Token Distribution: 30 million $BB (6% of supply)
Team tokens are vested over 5 years with a daily drip schedule.
6 million tokens unlock per year with a daily drip rate of 0.27% (~16,438 tokens) with no cliffs.
The daily drip schedule will begin on October 1, 2024 and be fully vested by October 2029.
Deflationary Mechanisms
Buyback and Burn:
20% of NFT Revenue: Allocated to buy back and burn $BB tokens, permanently removing them from circulation.
Deposit Fees:
$BB/$ETH LP Pool: 2.5% deposit fee, automatically burned.
Single Staking $BB Pool: 3.5% deposit fee, automatically burned.
Benefits of Deflationary Model
Scarcity:
As $BB tokens are continuously burned through buyback mechanisms and deposit fees, the circulating supply decreases over time, creating a scarcity effect.
Value Appreciation:
The reduced supply, combined with increasing demand from staking and ecosystem participation, is likely to drive up the value of $BB tokens.
Investor Confidence:
The fixed supply and deflationary model provide a predictable and transparent economic environment, fostering investor confidence and long-term commitment.
Long-Term Ecosystem Sustainability
Balanced Reward Distribution:
Revenue generated from NFT sales is strategically allocated to ensure ecosystem sustainability:
50% Rewards ETH to NFT stakers, $BB single stakers, and $BB/$ETH liquidity pool stakers.
20% Buyback and Burn $BB tokens.
30% for Treasury, Marketing, and Team support.
Ecosystem Growth:
As the ecosystem expands with new features, partnerships, and community-driven initiatives, the demand for $BB tokens is expected to increase, further enhancing token value and sustainability.
Staking Rewards:
Participants are rewarded with ETH from staking pools, providing a continuous income stream while also reducing the circulating $BB supply through burns.
Continuous Value Creation
Incentivizing Participation:
By offering attractive rewards for staking and participation, Bizarre Beasts encourages active engagement, driving demand for $BB tokens.
Ongoing Development:
The roadmap includes numerous initiatives, such as the animated series, music releases, and a social platform, all designed to increase ecosystem engagement and demand for $BB.
Community Engagement:
Regular updates, airdrops, and community events ensure a vibrant and active community, fostering loyalty and sustained interest in the ecosystem.
The $BB token's sustainability is assured through its fixed supply and robust deflationary mechanisms. By continuously reducing the circulating supply and incentivizing ecosystem participation, $BB is poised to maintain and potentially increase its value over time. This model not only benefits current token holders but also attracts new participants, ensuring the long-term success and growth of the BizarreBeasts ecosystem.
Last updated