> For the complete documentation index, see [llms.txt](https://smartmall.gitbook.io/guide/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://smartmall.gitbook.io/guide/smartmall-token-smt-tokenomics.md).

# SMARTMALL Token (SMT) Tokenomics

SMT Tokenomics and Minting Protocol

* Token Name: SMT (SmartMall Token)
* Distribution Methods: Airdrop, Initial Bounty Offering (IBO), Initial DEX Offering (IDO)
* Total Supply Cap: 100 Million Tokens
* Tokens Burned: 79 Million Tokens
* Circulating Supply: 21 Million Tokens
* Token Allocation Lock-up: 100% (exclusively minted through GUP conversion)
* Primary Blockchain: Polygon (MATIC Network)
* Consensus Protocol: Proof of Participation (PoP)
* Additional Minting Post-Launch: Not Permitted
* Smart Contract Address: 0x658cda444ac43b0a7da13d638700931319b64014

Token Burn and Minting Rates

* Token Minting Rate: 3% of Burned Tokens
* NFT Integration Rate: Between 50% to 100% of Associated Tokens

Reward and Minting Incentives:

* Airdrop Incentive: Approximately 1000 GUP for New Participants
* SMT Minting Resource: GUP is the exclusive resource required for minting SMT tokens
* Revenue Sharing Protocol: 80/20 split through smart contract enforcement

Minting Difficulty Adjustment:

* Formula: Sn=n\*a1+n(n-1)d/2
* Initial Exchange Rate: 10GUP for 1SMT (Ratio of 10:1)
* Max Exchange Rate: 1000GUP for 1SMT (Ratio of 1000:1)
* Difficulty Adjustment: Each million GUP burned increases difficulty by 0.1, with a hard cap at a 1000:1 minting ratio

Revenue Distribution:

* 80% to the token holder’s wallet address
* 20% towards the token holder’s Liquidity Provision (LP), representing their stake in the joint dealership

Related Links:

* Decentralized Exchange (DEX): [app.uniswap.org](https://app.uniswap.org/)
* Project Website: [smartmall.ai](https://smartmall.ai/)

####