Tokenomics
The ClumsyCat Token ($CLAWZ) is a novel cryptocurrency that combines the playful spirit of a meme token with the intent to develop practical utilities and rewards for its community. Herein, we lay out the tokenomics of $CLAWZ, detailing its supply distribution and the guiding principles that ensure transparency and fairness for all token holders.
Total Supply: 1,000,000,000 CLAWZ Tokens
The total supply of $CLAWZ is capped at 1 billion tokens, ensuring a predictable and finite supply that adheres to the principles of scarcity and value.
Taxes: 0%
$CLAWZ is designed to be free from transaction taxes. This decision ensures simplicity and encourages adoption by eliminating additional cost considerations for transfers and trades.
Liquidity: Burned
To bolster the trustworthiness and stability of the $CLAWZ token, a portion of the liquidity is permanently locked or 'burned.' This process involves setting aside a specific portion of the total token supply dedicated to liquidity and locking it in a way that it can no longer be accessed or manipulated, not even by the ClumsyCat creator.
Burning liquidity in this manner ensures that the creator relinquishes any claim to the liquidity pool (LP) tokens. As a result, the amount of Solana (or any other cryptocurrency) in the pool could reach an infinite value without the possibility of withdrawal by any single entity. This creates a decentralized liquidity pool that will exist indefinitely, safeguarding against manipulation and promoting long-term stability.
Mint & Freeze: Revoked
The $CLAWZ project has officially revoked both the minting and freeze capabilities, ensuring a permanently fixed supply of tokens and eliminating the possibility of freezing assets. This decisive action guarantees that no additional $CLAWZ tokens can be created and no tokens can be frozen within wallets, cementing the total supply and reinforcing the token's value stability and liquidity assurance for all holders.
The distribution of $CLAWZ tokens is as follows:
Liquidity Pool: 85%
Marketing: 8%
Development: 5%
Airdrop: 2%
The majority of the total supply is allocated to the liquidity pool to ensure ample market liquidity and a stable trading environment. A dedicated portion is reserved for marketing to promote $CLAWZ and expand its reach. Development tokens are allocated for ongoing and future project enhancements, while airdrops serve as a tool for rewarding the community and driving engagement.
In conclusion, the tokenomics of ClumsyCat Token ($CLAWZ) reflect a commitment to creating a sustainable and community-focused cryptocurrency. With a clear distribution strategy, a no-tax policy, and secured liquidity, $CLAWZ is poised for growth, community rewards, and widespread adoption within the crypto space.
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