Tokenomics
Last updated
Last updated
$HYDRA Total Supply: 1,000,000
Stake Rewards
300,000
30%
DEX Liquidity
300,000
30%
Presale
200,000
20%
Ecosystem Treasury
100,000
10%
Team and Advisors
50,000
5%
Events and Marketing
30,000
3%
Native Liquidity
20,000
2%
All wallets used by the project will be public and can be tracked by any Holder. The address of all wallets will be released after the mint and launch of the $HYDRA token.
The "Stake Rewards" constitute the treasury of the Hydra Farm System and will be available to be farmed by all holders who own one or more Hydra Eggs. It consists of a total of 300,000 $HYDRA tokens (30% of the total $HYDRA tokens supply). This value will remain locked until it is farmed. It will only be made available through distribution events, where it can be farmed.
The "DEX Liquidity" corresponds to the amount of $HYDRA tokens that will be used to compose liquidity pools in Cardano's main DEXs. A total of 300,000 $HYDRA tokens will be used to compose liquidity pools in 3 main DEXs: Minswap, Sundaeswap and Wingriders. The first official pool will be released on Minswap approximately 1 month after mint. The tokens reserved for liquidity will be exclusive to compose pools in the major DEXs, the team will ONLY be allowed to re-allocate it between the DEXs to balance the supply, these tokens will never be sold directly on the market and your wallet will be public and traceable to ensure transparency to all investors.
To increase the pool's liquidity, a total of 200,000 $HYDRA tokens will be allocated for the presale. The reservation process will be conducted by sending ADA to the project wallet $hydrapool during the event. 100% of the amount raised will be used to compose a liquidity pool. If the supply of $HYDRA allocated to presale is over, and the transaction is within the period of the event, the amount sent will be returned to the sender.
A total of 100,000 $HYDRA tokens will be available in the Project's treasury to guarantee its funding and functioning. Only 5% of this total can be traded every 30 days and none of these tokens can be traded on the market without prior announcement with a clear and specific description of their use, which will be controlled by the Holders. The wallet that will store these tokens will be public, traceable and available for everyone to consult.
The "Team and Advisors" is the treasury responsible for paying the entire team, sponsors, programming team, marketing, moderation, administration, publicity. A total of 50,000 $HYDRA tokens will be distributed equally among the team with a gradual vesting of 5% per month. This distribution will be public and trackable for everyone to consult.
The "Events and Marketing" funds will be the part of the treasure used to pay for marketing advertisements and awards for events held by the project. A total of 30,000 $HYDRA tokens will be reserved for promoting events and marketing actions that will be presented to the community who can vote for release or reject. The wallet that will store these tokens will be public, traceable and available for everyone to consult.
"Native Liquidity" corresponds to the amount of $HYDRA tokens that will be used to compose liquidity pools between $HYDRA and $PARTNER TOKENs launched by the projects chosen on the Launchpad. A total of 20,000 $HYDRA tokens will be reserved to compose that native liquidity pools, which will allow their holders to exchange the $HYDRA token directly for tokens from partner projects in exclusive presales. These tokens will never be sold directly on the market and your wallet will be public and traceable to ensure transparency to all investors.