🪙Tokenomics
Last updated
Last updated
$LUNAPE is a BEP20 token which serves as LUNAPE vehicle to provide rewards to holders through a positive rebase formula and transaction volume in the form of LUNAPE. Because of the rebase rewards, the total supply is elastic to meet the needs of the fixed 200,000% APY rewards, along with regular burns to regulate the stability of the token.
Base Fees of 14% on buys and 16% on sells are charged on every swap (buy, sell, transfer) and are critical to sustain the integrity of the rewards system that lies at the heart of LUNAPE. Collected fees serve as capital to support the regular rebases of circulating supply, and fuel the passive dual rewards.
It’s important to note that a large majority of these fees cycle back to users in various forms. The tokenomics is designed to benefit holders that hold tokens for a long time. By incentivizing investors to hold tokens, we can create a healthy chart and a steady stream of rewards which will in turn encourage new investors to join the community.
4% Sustainability Fund: The Sustainability Fee works to ensure the integrity of the rebase reward through token buybacks and burns, and by so doing secure the fixed APY of 200,000%.
4% Treasury Fund: The Treasury Fund is used to fund marketing, future development of the Quantic ecosystem, and in extreme situations support the rebase rewards through strategic buybacks of tokens.
2% LUNA Classic Rewards: This transaction volume directly funds a reward pool that is redistributed back to holders in the form of LUNC.
3% Liquidity Pool: Due to the use of the positive rebase formula to provide consistently high returns, it is important that the liquidity pool is constantly supported through a sizable amount of transaction volume and absorb any sell transactions of passive rewards.
1% is collected into a rewards pool to support our Gaming Features. At launch this will initially be to support our Scratchcard system.
4% Sustainability Fund: The Sustainability Fee works to ensure the integrity of the rebase reward through token buybacks and burns, and by so doing secure the fixed APY of 200,000%.
4% Treasury Fund: The Treasury Fund is used to fund marketing, future development of the Quantic ecosystem, and in extreme situations support the rebase rewards through strategic buybacks of $LUNAPE tokens.
2% LUNA Classic Rewards: This transaction volume directly funds a reward pool that is redistributed back to holders in the form of LUNC.
4% Liquidity Pool: Due to the use of the positive rebase formula to provide consistently high returns, it is important that the liquidity pool is constantly supported through a sizable amount of transaction volume and absorb any sell transactions of passive rewards.
1% is collected into a rewards pool to support our Gaming Features. At launch this will initially be to support our Scratchcard system.
1% is used to buy and burn Luna Classic on every transaction.
