Tokenomics is short. For Token Economics, it is the metrics investors look at, while doing their research about a crypto currency project.
Various components that make up the tokenomics of any coin includes,
Initial Supply: this is the starting amount of coins or tokens for any project. It is that amount of token minted at the onset.
Maximum Supply: Maximum supply is the total amount of tokens that can ever be in existence.
Circulating supply: this is the amount of token that can be bought or sold at the moment.
Burning: burning is the process of destroying a given amount of tokens, hence removing it from existence.
For Lead Token, there is exciting tokenomics and am going to share it with you.
1. Initial supply. Was 1billion
Then over 36mill got burned leaving only 964mill tokens as Maximum supply.
Currently the circulating supply is about 454 mill tokens,
but is this figure really true?
We have over 110mill tokens locked in DEX's like Uniswap, Julswap, and pancake swap as liquidity.
We also have over 118mill tokens locked in the Lead staking Contract.
When you do the math, you'll find out that the
Actual circulating surply is around 166mill lead tokens.
With such an amount of token in circulation, it won't take much buying power to push lead into Hyperspace🔥
Every quarter, 30% of profit generated is used to back and burn the token, this burn will continue until only 300mill lead tokens are left🔥
So you see Lead as an interesting project has huge potential of growth, that's why I bought and am holding it💪
This is not a financial advice folks😎
Image is mine
Cryptocurrency & Blockchain
A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.