Tokenomics
Breakdown of fund allocations
No Mint: VIR cannot be minted. Supply can only decrease.
Renounced Contract: The token contract ownership is renounced by design.
The Total Supply of VIR at inception is 21 million (21,000,000) & no more than this amount will ever exist. This means that there will be no inflation of VIR.
VinuRepublic (VIR) initial token distribution:
40% is allocated to Project Development Purpose: To support long-term growth. Usage: Marketing, Community rewards, etc.
30% is allocated to Public Sale Purpose: Initial public offering to raise capital. Usage: 65% - VinuChain Consensus staking & 35% - Liquidity.
20% is allocated to Primary Liquidity Purpose: To create a stable trading environment from day one. Usage: 100% - Liquidity.
10% is allocated to Private Sale Purpose: To secure early funding from private backers. Usage: Fund all operations in general.
Revenue Distribution:
Liquidity Pool Rewards 80% - Re-add to the pool. 20% - VIR Treasury.
VinuChain Consensus Staking Rewards 25% - VC Burn 25% - VIR Treasury 25% - VINU Buy & Burn 25% - VIR liquidity pools
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