Facet
  • 1️⃣INTRODUCTION
    • What is Facet?
  • 2️⃣THE Facet PROTOCOL
    • Introduction
    • Dominance
  • 3️⃣Use Cases
    • Adaptability
    • Streamlined Transactions
    • Enhanced Trading Tactics
    • Exchange
  • 4️⃣tokenomics
    • Token distribution
  • 5️⃣Vision and Mission
    • Facet's Vision
    • Facet's Mission
  • 6️⃣information
    • Official Links
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  1. tokenomics

Token distribution

PreviousExchangeNextFacet's Vision

Last updated 1 year ago

Token Distribution for $Facet (Total Supply: 6,900,000,000 $Facet):

  1. Ecosystem and Community Incentives: 40% (2,760,000,000 $Facet)

  2. Team and Advisors: 20% (1,380,000,000 $Facet)

  3. Partners and Strategic Investors: 15% (1,035,000,000 $Facet)

  4. Research and Innovation Fund: 15% (1,035,000,000 $Facet)

  5. Marketing and Market Expansion: 10% (690,000,000 $Facet)

Explanation:

The token distribution for $Facet is meticulously crafted to bolster various critical components of the ecosystem. The Ecosystem and Community Incentives are the lifeblood of Facet, fostering an engaged and active community through rewards and participation incentives. This substantial allocation is pivotal for organic growth and platform vitality.

The Team and Advisors slice is earmarked for those who have dedicated their expertise and time to build and guide Facet. This includes a strategic vesting schedule, aligning their long-term interests with the project's enduring prosperity.

Partners and Strategic Investors are crucial for laying the initial groundwork and providing the resources necessary for early-stage development. This portion ensures that Facet can secure and maintain valuable collaborations that bring strategic advantages and early funding.

The Research and Innovation Fund is a testament to Facet's commitment to continuous improvement and staying at the forefront of DeFi technology. This allocation is dedicated to fueling ongoing development and introducing advanced features that keep Facet ahead of the curve.

Lastly, the Marketing and Market Expansion funds are crucial for increasing Facet's visibility and user base. This segment is dedicated to branding, promotional campaigns, and strategic market penetration efforts, essential for establishing Facet as a prominent name in the decentralized finance sector.

This balanced distribution model is designed to ensure the sustainable growth of the Facet ecosystem, maintaining a harmonious blend of innovation, community engagement, and market presence. It's a strategic roadmap aligning with Facet's vision of creating an enduring and thriving DeFi platform.

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