Tokenomics

All information regarding $GRID token and it's role in the ecosystem

Basic Info

Token Name: $GRID

Token Symbol: $GRID

Blockchain: Solana MainNet

Total & Circulating Supply: 1,000,000,000

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Allocation:

LP: 900,000,000

Marketing Tokens: 50,000,000

Research & Development: 30,000,000

CEX Listings: 10,000,000

Revshare Pool: 10,000,000

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Safety & Governance

It is important to note that the $GRID SPL20 token will be renounced after launch, meaning no contracts can be forged after deployment. Moreover, the Liquidity Pool will be burnt after launch as well, ensuring that your investment in our token is fully safe and secure.

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Incentives

As detailed in the previous chapter of this whitepaper, holders of the $GRID SPL20 token share in the revenue generated by our DApp. Any revenue coming from rentals of Nodes and Servers is shared with the community periodically, divided proportionally based on your holding. In other words, if you hold 1% of the supply of $GRID, you have the right to 1% of the revenues generated every week. This 'Revenue Sharing' program creates a unique incentive to hold our token.