Tokenomics
Token distribution
The Sherlock token ($SLOCK) has a well-defined distribution model, which ensures a fair and transparent allocation of tokens. The distribution is split between various components, including development, marketing and auto LP. This balanced allocation helps support the growth of the Sherlock ecosystem and incentivizes key stakeholders to contribute to the success of the platform.
Fee Distribution and Token Supply
The Sherlock platform has designed a strategic tokenomics model to support the project's growth and development. This model ensures a fair distribution of fees and a fixed token supply that promotes stability and long-term value.
Total Supply: 100,000,000 $SLOCK tokens
Buy & Sell Tax: 5% (applied to each transaction)
Development: 1% (allocated to support ongoing development and improvement of the platform)
Marketing: 3% (dedicated to promotional activities and expanding the project's reach)
Auto LP (Liquidity Pool): 1% (contributed to the liquidity pool to maintain stability and liquidity within the platform)
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