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:
Last updated
