Tokenomics & Coin protocol
Check out details about features and tokenomics of GO COIN, and also how the tax is distributed in the following parts.
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Check out details about features and tokenomics of GO COIN, and also how the tax is distributed in the following parts.
Last updated
Was this helpful?
Go Coin is a fair launch utility-token project. There was no seed round, no private round, no pre-sale, and no public sale (ICO/IDO/IEO). 81.5% of the total supply was reserved for the Go Coin community.
In the Go Coin taxing strategy, burning and redistribution are adopted to increase token scarcity and benefit holders. Also, a part of the tax would be returned to the liquidity pool to increase token liquidity in exchanges.
Some advanced managing features, token structures and buy-and-sell strategies are also embedded into the smart contract of Go Coin to maintain a healthy token economy.