Tokenomics
Breakdown of fund allocations
VIR (ERC20): 0x71B4E99547Ad8b307C1313284b4bAc64988C53BB
No Mint: VIR cannot be minted. Supply can only decrease.
Renounced Contract: The token contract ownership is renounced by design.
NAME - VinuRepublic
SYMBOL - VIR
DECIMAL - 18
TOTAL SUPPLY - 21,000,000 $VIR
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, Listing, Community & Ecosystem growth, etc.
30% is allocated to Public Sale Purpose: Initial public offering to raise VC. 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 raise USDT 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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