TOKENOMICS
FINZ token initially presents a bold fees system to accommodate initial market needs of robustness, control and trust construction alongside infrastructure.
MULTI-CHAIN PROTOCOL
The FINZ token will be available on more than one blockchain. Each blockchain FINZ is on has its own strong points that allows the FINZ ecosystem to thrive on it.
As of right now, FINZ will be made available on the Binance Smart Chain with other chain to follow shortly.
FINZ plans to bring liquidity to pools on strategic decentralized exchanges while ensuring that total circulating supply across all chains never exceeds 777B tokens as originally promised.
There will be an ETH-BSC bridge with a 1:1 swap for FINZ holders to move seamlessly between the two chains. Due to the 1:1 swap, the supply and price of FINZ between chains are intertwined. The Fees System is not applied to bridging. This means users won’t pay FINZ transaction fees when moving tokens between the OTHER and BSC chains. Users will only pay fees when doing usual transactions. As a market positioning strategy, FINZ token is meant to be ubiquitous. That is why we will be extending FINZ token to as many blockchains as possible.
FINZ POLICIES
The Finz policies committee (FPC) is responsible to coordinate the proper control of the available tokens
FINZ Policies Committee
FINZ has a multi-disciplinary Finz policies committee formed to cover the following key areas of knowledge:
economy
blockchain and cryptocurrencies technologies
community management
applied math
automated algorithms
The FPC will have periodic meetings to safeguard the health of the FINZ ecosystem taking into consideration direct and indirect circular economy concepts whenever feasible.
Features governed by the ‘FPC’
The following are subject to the control of the MPC:
Market making partners and algorithms
Liquidity providers and their own characteristics
Tokenomics variables update
Smart contracts upgradeability
Token burns
FINZ derivatives
Token burns
FINZ Token has a burn wallet in Binance Smart Chain and Other blockchains. When tokens are sent to the burn wallet, they are taken out of circulation forever, making the circulating tokens more valuable due to an increase in scarcity. FINZ Token is designed to present a deflationary trait by means of its ecosystem dynamics, as opposed to traditional government backed fiat-currencies, it is expected to become more valuable as time goes by due to, among many other reasons, scheduled token burns. The schedule of token burns and the number of tokens burned at each transaction are going to be made available to the community by the FPC.
FINZ TOKEN MALL
The initial plan for the token launch is to issue it on Pancake Swap
Once FINZ have successfully launched on the decentralized exchanges (DEX’s) it will aim to be listed on both CoinGecko (CG) and CoinMarketCap (CMC). This will allow FINZ to have a much greater reach in the crypto community and enable the creation of the FINZ nation faster.
To create the volume needed to be listed on CG and CMC FINZ need to generate, in the first day, between upto $50,000 in token sales.
To get listed on the Tier 3 exchanges FINZ will need to reach a daily trade volume of between upto $500,000.
To get listed on the Tier 2 and Tier 1 exchanges FINZ will need to reach a daily trading volume over $5,000,000.
FINZ Allocation
The token allocation is made with the shares present in the following table:
Exchanges
30
Pancake Swap
10
Listing & Other Fees
10
GAS Back
20
FINZParty (Community Meetups)
5
Marketing
5
Presale
5
Development
5
Influencers
5
Ambassadors
4
FINZ Swap
1
FINZ SALE BREAKDOWN
Total Supply: 777,000,000,000 (777 billion FINZ Tokens).
Pre-Sale:
Presale: 118850000000 FINZ
Amount for liquidity: 48,918,660,000 FINZ
Lock Liquidity for : 2 Year
Presale rate : 1 WBNB = 69,425,000 + Bonus + Airdrop FINZ
Listing rate : 1 WBNB = 48597500 FINZ
Transaction types:
Normal Buy
Normal Sell
Referred Buy
Referred Sell
Burn: 3% On Each Sale
Token Contract
0xc284433e90e11ece15a2528943b01fa5a79d88fe
Token Owner
0xd4C5CfeDE09e1786dD506C479BB0C65de1da9879
Dev
0x8bB9E6B0F8DA6D89a4C44239a75639F025a825E7
Influencers
v2
FINZ Swap
v2
FINZParty (Community Meetups)
v2
Marketing
v2
Ambassadors
v2
For each transaction type there are 4% fees applied which will be burn time to time.
Presale Strategy
To continue paying developers the Dev Wallet is at 5% as in continuously improving the FinzohPay and adapting it for the future.
The Breakdown behind the numbers is that FINZ want to always provide back to the LP (Liquidity Pool) as to dampen volatility.
FINZ Token Redistribution is another strategy, complementary to freezing, to reward engaged holders within the ecosystem through HOLDING. The more you hold and the longer you hold the more tokens you will receive through the transaction redistribution.
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