Tokenomics
Last updated
Last updated
$BERRY is Solana Bear Gang's native utility token on Solana blockchain.
Token address HDRfVAY8Q54YnxhQPpc1ngHVEswU8k39cegCTZXnY5LE
The token supply is 200M $BERRY , with the following distribution:
Staking / Missions - The majority of the tokens (60%, 120M) are allocated to staking/missions as this is the primary source for users to earn $BERRY. The distribution done via this channel is subject to a deflationary mechanism explained below.
Liquidity - In every market where $BERRY is present, these are used to provide initial liquidity of the token. If the team decides to launch a Liquidity Pool (LP) these tokens will be used.
Promo / Events - All project giveaways, promotions, freebies, handouts, events will be sponsored by this pool to enable the main mission pool to function as intended, despite having more or less events / giveaways / etc happening at any given time.
Team - These tokens are set in a reserve pool to compensate people working with the team, may it be a one time deal or on a regular basis. Team $BERRY are locked by the founders and are tightly controlled to avoid diluting value.