JVT Tokenomics
$JVT is the token of the JVault project.
From the moment of the TGE, the token can be staked to earn not only a percentage yield but also half of the service's revenue from fees. The other half will be split in two: 80% will be converted into $JVT and burned, and 20% will be distributed among the team. Over time, there will also be an option to use $JVT to pay for fees, and the tokens received will be burned.
Total supply is 10 000 000 $JVT. The tokenomics are divided into 6 parts:
⭐️ JVT Staking: 2.5 million tokens are allocated for everlasting $JVT staking. Due to a special formula, the number of tokens allocated for rewards will decrease every two years, but these tokens will never run out.
⭐️ IDO: 500,000 tokens will be sold in the public round. They will be fully unlocked immediately after the TGE.
⭐️ Private sale: 1,000,000 tokens will be allocated for the private sale. These tokens will be released to the market 6 months after the TGE at a rate of 83,333 $JVT per month.
⭐️ Marketing: 2 million $JVT will be used for marketing purposes, including rewards and payment for advertising. 400,000 $JVT will be available at TGE, with the remainder to be gradually unlocked over 5 years.
⭐️ Team: 2 million $JVT will be allocated for the project team. Gradual unlocking will be phased in over 5 years, starting 12 months after TGE.
⭐️ Liquidity support: 2 million tokens will be allocated to maintain liquidity on DEX and, in the future, CEX. At TGE, 800,000 $JVT will be unlocked, with the remaining 1,200,000 $JVT being distributed in equal monthly allocations over 5 years.
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