TOP refers to TokenSwap platform token, which serves a series of purposes such as platform governance, liquidity, and handling fees. The TOP economy model is aimed to reward the investors who provide liquidity to the TokenSwap platform.
TOP total supply amounts to 10million without any additional issuance.
TOP Distribution Plan
Community funds: 5% of the total supply will be pre-mined and used as community funds
Auction mining: 50% of the total supply will be distributed to the investors who provide liquidity
Liquidity mining: 20% of the total supply will be distributed to liquidity providers in Uniswap pool.
Shareholders: 17% of the total supply will be rewarded to TokenSwap platform shareholders
Team: 8% of the total supply will be rewarded to the TokenSwap platform team
TOP holders rights:
1.TOP holders can participate in TokenSwap community governance
2. After TokenSwap2.0 is live, only TOP holders are able to initiate an auction, and the upper limit of ETH for a single auction is linked to the amount of TOP.
3. Certain projects are limited to TOP holders
4. In the future, new functions will be added to the platform, such as list your project on top of the pool, project promotion, etc., and the auctioneers will have to pay in TOP.
5. Auctioneers who stake a certain amount of TOP can initiate a “star” auction, which is much more credible.
In the future, we will set up a TOP mining pool on TokenSwap. Investors can stake TOP, USDT, ETH and other assets in the mining pool to obtain TOP rewards.
We will also create a TOP/ETH pool on Uniswap, where the liquidity providers can also obtain TOP rewards.