Tokenomics

Token Supply

The total supply of Girasol Tokens (GIRA) is 100,000,000 tokens, which are allocated strategically to support the project’s growth, community engagement, and long-term sustainability.

Token Allocation

Category

Percentage

Number of Tokens

Details

Team

30%

30,000,000

- 20% unlocked at TGE, 80% vested linearly over 12 months

IDO (Public Sale)

30%

30,000,000

- Price: $0.01 per token. - 30% unlocked at TGE, 70% vested linearly over 6 months.

- Unallocated tokens will be transferred to Community Incentives.

Community Incentives

30%

30,000,000

- User rewards, and staking incentives to drive engagement.

Liquidity Providing

10%

10,000,000

- Used for liquidity pools and market-making on key decentralized exchanges.

IDO Details

  • Public Sale Allocation: 30,000,000 tokens (30% of total supply).

  • Token Price: $0.01 per token.

  • Fundraising Goal: $300,000.

  • Vesting Schedule:

    • 30% unlocked at TGE.

    • 70% vested linearly over 6 months.

  • Unsold Tokens: Any tokens not sold during the IDO will be transferred to the Community Incentives pool to support long-term engagement and growth.

Token Use Cases

The $GIRA token is central to the Girasol ecosystem, enabling users to benefit directly from the platform's success and utility.

1. Staking and Revenue Sharing

  • All platform fees collected (in $SOL or other tokens) are used to buy back $GIRA tokens on the market.

  • The purchased $GIRA tokens are distributed proportionally to stakers based on their share of the staking pool.

  • This creates a continuous buy pressure on $GIRA, increasing demand while directly rewarding loyal holders.

2. Community Incentives

  • Tokens are allocated for user rewards, and special incentives to drive engagement and growth within the Girasol community.

  • Boosted by unsold IDO tokens to ensure the community continues to benefit from unused allocations.

3. Liquidity Provision

  • Part of the token allocation is used to ensure robust liquidity on decentralized exchanges, providing a smooth trading experience.

Staking Rewards Process

Here’s how the staking rewards mechanism works:

  1. Platform Revenue:

    • Fees are collected from platform activities (e.g., bets).

  2. Buyback Mechanism:

    • The protocol uses 100% of these fees to purchase $GIRA tokens on the open market.

  3. Token Distribution:

    • The bought $GIRA tokens are distributed to stakers based on their proportion in the staking pool.

Example Scenario:

  • Platform generates $100,000 in fees during a month.

  • These fees are used to buy $GIRA tokens on the market.

  • If the average $GIRA price is $0.10, the protocol buys 1,000,000 $GIRA tokens.

  • These tokens are distributed to stakers proportionally to their stake.

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