ARMswap Docs - ARMSP Tokenomics
ARMSP Tokenomics
In the vast landscape of decentralized finance, ARMswap emerges as a beacon of growth, development, and self-sustainability, all driven by the strength of its vibrant community. At the heart of this revolutionary ecosystem lies the ARMSP token, an BEP-20 token meticulously designed to foster community ownership, dynamic governance, and the relentless pursuit of advancements.
ARMswap has consistently embraced principles of neutrality and trust minimization, recognizing the importance of limiting governance to essential areas. The ARMswap governance framework is specifically tailored to contribute to both protocol development and usage, as well as the development of the broader ARMswap ecosystem.
ARMSP Allocation
The total supply of ARMSP is limited to 1.25 billion.The distribution breakdown of ARMSP is outlined below:
| 10% | Binance Launchpad | 125 million |
| 30% | Private Sale | 375 million |
| 15% | Allocated for liquidity for buy/sell on different exchanges | 187.5 million |
| 10% | Allocated for marketing | 125 million |
| 10% | Binance Airdrop (which will be done in 4 different stages, i.e., 1 Airdrop every 6 months) | 125 million |
| 10% | Designated for contributors within the ARMswap community | 125 million |
| 10% | Reserved for founders | 125 million |
| 5% | Assigned to the core team members and prospective employees | 62.5 million |
Frequently Asked Questions (FAQs)
What is the total supply of ARMSP tokens?
The total supply of ARMSP is 1.25 billion tokens
How is the ARMSP allocation distributed among various entities?
The ARMSP allocation breakdown is as follows:
- 15.00% for liquidity for exchanges
- 10.00% for Binance launchpad
- 30.00% for private sale
- 10.00% for marketing
- 10.00% for Binance Airdrop
- 10.00% for community contributors
- 10.00% for founders
- 5.00% for the core team and employees
How does ARMSP governance work?
ARMSP holders can participate in governance by voting on proposals that shape the future of the protocol. Voting power depends on the user's ARMSP token balance.
How can ARMSP tokens be used for cross-bridging?
ARMSP tokens can be used to cross-bridge assets between 31 blockchains.
What is the ARMDV platform?
ARM Digital Vault (ARMDV) is an upcoming web3 solution that enables users to: - Self-custody their crypto tokens. - Automate and control the outflows. - Set outgoing addresses and create detailed policies to mitigate hacks or leaks of valuable funds.
What is the MVP program?
The MVP program is a quarterly initiative that rewards community members for their contributions to ARMswap.
Where can I find more information about ARMSP?
You can find more information about ARMSP on the ARMswap website.
You can also join the ARMswap community on Telegram Discord and X