$AMBO/$GRASS Tokenomics

  • Tokenomics Document for $AMBO (Governance Token)
    Token Name: $AMBO (Governance Token)
    Token Supply: 42.0 Million
    Token Generation Event (TGE):
    • 5% of the total supply will be unlocked and circulating for investors immediately following the TGE. This will be achieved through a smart contract function that will release the tokens to the investors' addresses.
Deflationary Mechanism:
  • The $AMBO Governance Token will have a deflationary mechanism built in, where a small percentage of tokens will be burned each time they are sold. This will decrease the overall supply of $AMBO tokens over time, increasing the scarcity of each remaining token.
Use Cases:
  • Staking: $AMBO token holders will have the ability to stake their tokens and earn NFT’s, CRYPTOCURRENCY and GRASS our in-game token, as rewards.
  • Governance