Tokenomics - $POWER
Last updated
Was this helpful?
Last updated
Was this helpful?
$POWER is the token you will recieve for staking Block9 Dogs. There will be a rapid distribution phase where we distribute $POWER into the hands our collectors, this will move to a phase where scarcity is introduced to increase token value. $POWER will be used for .
Unlock holder benefits with $POWER. Simply stake your BLOCK9 Dogs to accumulate $POWER and earn from the carefully designed tokenomic structure. This is your key to unlock , private bidding windows and much more.
$POWER is accumulated by staking BLOCK9 Dogs at a rate of 60 $POWER per day.
Our treasury wallet holds 250 million $POWER which has been minted on-chain. The emission schedule will begin with inflation, offering early accumulators the benefit of 50% of the $POWER being distributed during the initial stage of the total emission schedule, before transitioning to deflation.
Halving's slow down the rate of $POWER earned by staking. There are fixed halving's to align with key supply distribution points: - 50% of $POWER has been distributed - daily staking reward reduces to 30 per day. - 75% of $POWER has been distributed - daily staking reward reduces to 15 per day. - 83% of $POWER has been distributed - daily staking reward reduces to 7.5 per day.
The emission schedule will gradually shift towards deflation, achieved through halvings and the exchange of your $POWER for rewards. Exchanged power will be split between burning by Block9 and being held by the project wallet to ensure a staking mechanism that will never run out. Based on a forecast of 90% staking rate the supply would shift from inflation, to deflation around our first anniversary. This could see a marked increase in value for $POWER. Token burning has already begun. We have been running a number or $POWER auctions through our promotional pre-mint phase. We have already burned over $2,500,000 POWER that have been collected through our BidHub auctions. 🔥
$POWER is listed on established DEXs and marketplaces:
Liquidity Pool is currently only a small pool to allow trading of tokens for POWER promotional events. Larger liquidity will be provided post mint of the Block9 Dogs.
(SOL/POWER)
(SOL/POWER)
