Tokenomics
The Grimace token (GRIMACE) serves as the central pillar of our ecosystem. As a key medium of exchange within the Arbitrum network, the design of our token promotes both usability and utility.
The total supply of Grimace tokens is fixed at 1,000,000, and they are distributed as follows:
Initial Liquidity: 240,000 tokens (24%) – This proportion of the total supply is allocated to provide initial liquidity on decentralized exchanges, supporting stable and efficient market operations.
Project Development: 200,000 tokens (20%) – These tokens are dedicated to further development of the Grimace project, encompassing technical developments, infrastructure enhancements, and ongoing research.
Team and Advisors: 160,000 tokens (16%) – This allocation is for the project team and advisors, serving as a testament to our commitment to the long-term growth and success of the Grimace project.
Marketing and Partnerships: 300,000 tokens (30%) – A significant portion of the tokens is reserved for marketing initiatives and partnership programs. This reserve supports our efforts to attract new users, expand our partner network, and raise the project's visibility in the crypto community.
Community and Rewards: 100,000 tokens (10%) – These tokens are set aside for rewarding our community members, thereby incentivizing engagement and active participation in the project.
The role of Grimace tokens extends beyond simple transactions. Our vision is to build a comprehensive ecosystem where GRIMACE is employed for governance voting, earning rewards via farming and staking, buying NFTs, and even purchasing Tesla vehicles.
With our continuous efforts aimed at delivering value to our token holders, we anticipate an increase in the utility and worth of GRIMACE. This expectation is in alignment with our commitment to fostering a vibrant and interactive community revolving around the Grimace token.
Last updated