Sheertopia Whitepaper
  • 🌏Sheertopia
  • 😡Rationale
  • 😃Our Solution
  • 🐑Introducing Sheertopia
  • 🐐Rise Of Sheertopia
    • 🐻Meet The Characters
    • 🗺️Sheertopia
    • 💎Gameplay Rewards
    • 💵In Game Purchasables
    • 🕹️Character Moves
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  • 🚀N2L - NFT 2 LIFE
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  • 🎨NFT Sharing & Economy
  • 💲NFT'S & EARNING
  • 🟠Token/NFT Use Cases
  • $GRASS Litepaper
  • 📄$AMBO/$GRASS Tokenomics
  • 🧠Mental Health
  • 🌏1% Donated to charity
  • 👫Meet The Gen-S Team
  • 🗺️Roadmap
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$AMBO/$GRASS Tokenomics

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Last updated 8 months ago

TOKENOMICS SPREADSHEET:

  • 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

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https://docs.google.com/spreadsheets/d/1otfKF24jtQT5JPGcnDOdohOEArdMM6QxekNKcMQg4YE/edit#gid=0