Tokenomics

The BSCX token is a reward for using the LaunchZone Ecosystem and a governance token of our decentralized system on Binance Smart Chain. This sophisticated token architecture will create a virtuous circle that benefits users in many ways. The system will be the most efficient and benevolent structure to ever hit the market.

Token Specification

Token Allocation

  • Total Supply: 9,983,396 $BSCX
  • Farming: 7,983,396 $BSCX (75% locked for 1 year)
  • IDO: 2,000,000 BSCX

Deflationary Mechanics

  • Anytime you send $BSCX, 5% will be burned. (Not yet activated, we will let the community make the final decision)
  • 20% of the total $BSCX raised in future IDOs will be burned. (Community will make the final decision)

Locking Mechanics

  • PoolX: 80% farmed tokens will be distributed to participants (25% of them will be distributed to participants instantaneously, 75% of them will be locked for 1 year and will be distributed continuously block by block after that 1 year), 20% farmed tokens will be distributed to our platform development fund (25% of them will be distributed to the fund instantaneously, 75% of them will be locked for 1 year and will be distributed continuously block by block after that 1 year)
  • PadX: BSCX locked for 6 months.

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