Tokenomics. Earning and burning
Last updated
Last updated
$BLID is a non-inflation token.
The profit arrives in the wallet from several sources:
Income from Strategies using investors' liquidity.
Three percent (3%) of the income generated for clients by Strategies will be paid to Bolide as a performance fee.
Profit is distributed in $BLID tokens and the allocation is described below:
Twenty percent (20%) of profit is transferred to the Bolide project team’s expenses wallet.
Eighty percent (80%) of the profit will be used for buying back and burning these newly acquired tokens, in order to boost the market price.
Forty percent (40%) of the token supply is distributed for Investment Rounds. All money that comes from Investment Rounds goes to a special vault, named Bolide Treasury. Money from Bolide Treasury can only be used on Strategies for generating profit.
Profit from Strategies will be transferred to a special wallet, named Profit wallet.
