TOKENOMICS
Tokenomics of $Snoople ($SNOP)
Total Supply:
1 billion (1,000,000,000) $SNOP tokens
Token Allocation
Dev Wallet:
5% (50,000,000 tokens)
Reserved for the lead developer
Vesting period: 12 months with monthly release
Marketing Wallet
2,5% (25,000,000 tokens)
Set aside for marketing campaigns, community management, and partnerships
Flexible release depending on project developments
Snoople NFT Marketplace Development:
2,5% (25,000,000 tokens)
Locked for 12 months
Used for the development of the Snoople NFT Marketplace, which will serve as crowdfunding for the future Snoople Casino
Liquidity Pool and Burn:
90% (900,000,000 tokens)
Allocated directly to the Liquidity Pool on Raydium
Tokens will be burned after being added to the pool, increasing scarcity
Token Utility:
Governance:
$SNOP holders may have voting rights on future project decisions. Additionally, the first 200 holders at the launch of the NFTs will receive one directly in their wallet.
Liquidity Provision:
Users providing liquidity on Raydium can earn rewards from trading fees, even though the initial tokens will be burned.
Transactions:
$SNOP will be primarily used for trading on Raydium and other Solana-based decentralized exchanges.
Deflationary Model:
Burn Mechanism: 85% of the total supply will be burned after being added to the liquidity pool, ensuring a deflationary model for $SNOP.