$BTX Tokenomics
Last updated
Was this helpful?
Last updated
Was this helpful?
We are committed to full transparency for our project tokenomics. All our Bitoro Team wallets are time-locked in line with the emissions schedule and can be verified on-chain.
DECENTRALIZED | COMMUNITY-DRIVEN | TRANSPARENT | NO VENTURE CAPITAL
🔥TOKENOMICS SUMMARY🔥
$BTORO tokenomics are designed for our ecosystem to grow sustainably and exponentially. Our transparent community-focused distribution strategy, schedule and incentive mechanisms provide certainty and security for all $BTORO holders.
Ticker: $BTORO
Capped Maximum Supply: 975,000,000*
Token Format: ERC-20
Token Address (Block Explorer):
* Buy-back and burns to date have reduced total supply by 25,000,000 $BTORO.
🔥EMISSIONS SCHEDULE🔥
CAPPED TOTAL of 1 BILLION $BTORO tokens distributed over 48 months (starting September 2024 and ending September 2028).
75% of ALL $BTORO will be distributed to Community, Ecosystem and Trading Incentives.
🔎Transparency: You can check the $BTORO emission schedule .
🔥DISTRIBUTIONS🔥
🚀 75% Community, Ecosystem & Trading Incentives is allocated for the following:
Over 15% of total supply was distributed to the community at TGE in September 2024.
Trading Incentives to reward users of our native Bitoro Network DEX.
Community Airdrops to continuously reward community participation, including staking, governance, and campaigns.
Ecosystem Development to fund Bitoro ecosystem builders, protocol development, infrastructure upgrades, DeFi tooling, and marketing.
Bitoro Foundation grants to fund developer tools and resources and launch public awareness campaigns to expand use of our BitoroCore L1.
🔒 1st unlock Sept 2024: linear monthly distribution over 48 months (end Sept 2028).
🚀 15% Strategic Partners & Investments will be used to build new strategic partnerships to drive volumes on our native DEX, recruit more users, and create our own liquidity pools. Funds will also be used for investments to grow our reserves and managed by a trusted third-party elected by the community.
🔒 1st unlock March 2025: linear monthly distribution over 24 months (end Feb 2027).
🚀 5% Core Contributors will be distributed to the project team and advisors.
🔒 1st unlock Sept 2025: linear monthly distribution over 36 months (end Sept 2028).
🚀 5% Project Execution Fund & Staking Rewards will be distributed to support project development, team and locked staking rewards. This is because we have not (and will not) seek VC funding. This ensures the project can remain fully independent and truly community-driven.
🔒 1st unlock Jan 2025: linear monthly distribution over 44 months (end Sept 2028).
🔎Transparency: You can check the circulating supply and token vaults here:
🔥$BTORO UTILITY🔥
The $BTORO token creates a positive feedback effect that drives user adoption and aligns incentives for community, traders and builders.
🚀 Validators & Delegator Rewards: $BTORO staking and incentive mechanisms will ensure the security and optimized performance of our native BitoroCore L1.
🚀 Other Utility: Additional $BTORO token utilities will be introduced in Bitoro’s upcoming products and third-party DeFi protocols.
🔥KEY ECOSYSTEM PLAYERS🔥
🚀 Bitoro Network DEX Traders: The lifeblood for growth in our user-centric ecosystem, driving trade volume, revenue generation and network liquidity on our native DEX.
🚀 $BTORO Holders: Our no VC model means that our community is vital for driving growth in value, maintaining price stability and participating in ecosystem governance.
🚀 BitoroCore L1 Validators: With true decentralization at the heart of everything we build, validators are critical to help us optimize network performance, security and integrity.
🚀 Builders: The development of dApps, smart contracts and protocols builds utility and functionality for our BitoroCore L1 infrastructure, native DEX and $BTORO token. Synergistic products builders create within our full-spectrum DeFi ecosystem will drive continual growth.
Disclaimer
The Bitoro Foundation will keep you informed once the eligibility checker and airdrop claim tools are live. Note that Bitoro contributors will never approach you to ask for personal information or money.
We strongly advise our community members to exercise caution and be wary of potential scams or illegitimate pages. The Foundation and community moderators will never message you first or ask for personal information or private keys.
THIS DOCUMENT IS NOT AN OFFER TO SELL OR A SOLICITATION TO PURCHASE ANY $BTORO. IT DOES NOT CONSTITUTE AN OFFERING, ADVERTISEMENT, SOLICITATION, CONFIRMATION, STATEMENT, OR ANY FINANCIAL PROMOTION THAT CAN BE INTERPRETED AS AN INVITATION OR INDUCEMENT TO ENGAGE IN ANY INVESTMENT ACTIVITY. THE CONTENT PROVIDED HERE SHOULD NOT BE RELIED UPON FOR LEGAL, INVESTMENT, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVICE AND IS NOT A SUBSTITUTE FOR CONSULTING WITH A QUALIFIED PROFESSIONAL.
THE DOCUMENT CONTAINS HYPOTHETICAL, FORWARD-LOOKING, AND/OR PROJECTED FIGURES THAT ARE NOT GUARANTEED AND MAY CHANGE; ACTUAL RESULTS MAY DIFFER. BITORO FOUNDATION AND ITS AFFILIATES MAKE NO REPRESENTATIONS OR WARRANTIES, EXPRESS OR IMPLIED, REGARDING THE COMPLETENESS, RELIABILITY, VALIDITY, OR ACCURACY OF THIS INFORMATION. THE CONTENT MAY CONTAIN ERRORS AND INCORRECT INFORMATION. YOU ACKNOWLEDGE THAT ANY INFORMATION PROVIDED HEREIN IS SUBJECT TO CHANGE WITHOUT NOTICE. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED FROM BITORO, WILL CREATE ANY WARRANTY OR REPRESENTATION NOT EXPRESSLY STATED HEREIN.
Check Coinmarketcap for the most updated
🚀 Boosted Trading Rewards: By staking $BTORO, traders on our native DEX receive a higher share of the trading rewards and fee rebates. To learn more about trading rewards and rebates, see .
🚀 Staking APY: Holders can stake their $BTORO and generate passive income. To learn more about trading rewards, see .
🚀 Governance Voting Power: Staking $BTORO allows token holders to steer the direction of Bitoro, including helping to better manage and improve our native DEX. To learn more about how you can add multipliers to your voting power, see .
