▪️Finances
The Evire project leverages its native token, EVIRE, an ERC20 token on the Ethereum network, as a primary means of funding. The tokenomics are designed to support ongoing development and ecosystem growth through a transaction tax mechanism.
Transaction Tax Breakdown
When the EVIRE token is traded on decentralized exchanges like Uniswap, a 5% tax is applied on both purchases and sales. This tax is distributed as follows:
1% for the development and expansion of the blockchain ecosystem
1% for the AI framework
1% for the gaming framework
1% for the Real World Assets (RWA) framework
1% for the Decentralized Physical Infrastructure Network (DePIN) framework
Funding Simulation
To understand the potential financial impact of this mechanism, consider an average daily trading volume of $500,000 for the EVIRE token. With a 5% transaction tax, the total daily tax revenue would be $25,000. This revenue is distributed across various initiatives as follows:
Development and Ecosystem Expansion: $5,000
AI Framework: $5,000
Gaming Framework: $5,000
RWA Framework: $5,000
DePIN Framework: $5,000
This model ensures a sustainable funding stream that supports the continuous development and growth of the Evire blockchain and its associated frameworks without the need to sell tokens held in reserves.
Financial Forecast Chart
Below is a simulated financial forecast chart illustrating the growth of the development fund based on the assumed daily trading volume and tax distribution.
This chart projects the steady accumulation of funds over a year, showcasing how the consistent trading volume can sustainably support the various initiatives under the Evire project. This approach ensures that the project has the necessary financial resources to advance its development and expansion efforts continuously.
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