Tokenomics
4.1. Token Distribution
The Barium Coin ($BA) is designed with a balanced token distribution model that ensures a fair allocation of tokens among different stakeholders. The token distribution is as follows:
| Percentage | Party |
|---|---|
5% | To the team for their continued efforts in developing and maintaining the platform |
42.5% | Reserved for the Barium Foundation, which supports ongoing development, partnerships, community events, and future expansions. |
12.5% | Allocated to Liquidity |
35% | Allocated to the public sale |
5% | Allocated for pre-presale expenses, such as legal fees, auditing, and initial marketing campaigns. |
| Supply | Launch Date | Presale |
|---|---|---|
200,000,000 | 4th of Aug | 70,000,000 |
4.2. Token Utility
The Barium Coin ($BA) serves multiple purposes within the Barium Network ecosystem, including:
Facilitating transactions within the Barium Payment Gateway.
Acting as a medium of exchange between customers and merchants.
Serving as the primary asset for staking and rewards on the platform.
Granting holders governance rights and the ability to influence the platform's future direction.
4.3. Staking and Rewards
Barium Network offers a staking platform where users can stake their $BA tokens to earn rewards. The rewards are generated from the commission fees collected during transactions, as well as tokens from emissions. As mentioned earlier, 40% of the platform commission fees are directed towards the staking pool.
By participating in staking, users can earn passive income while contributing to the platform's stability and security. The staking platform also encourages users to hold and accumulate $BA tokens, creating a sense of community and long-term commitment to the project.
4.4. Governance and Holder Benefits
$BA token holders have the opportunity to participate in the platform's governance, giving them a direct influence over key decisions and future developments. Token holders can submit proposals and vote on various aspects of the platform, such as fee structures, staking rewards, and new features.
In addition to governance rights, $BA token holders can access exclusive benefits, such as early access to new features and functionalities, as well as potential fee discounts in later phases of the project. Read more about benefits in Ecosystem
4.5. Token Burn Mechanism
Barium Network employs a token burn mechanism to help maintain a healthy token supply and create deflationary pressure. As mentioned earlier, 40% of the collected commission fees are used for token burning. This process involves the permanent removal of a portion of $BA tokens from circulation, effectively reducing the total supply.
The token burn mechanism helps to create scarcity and can potentially increase the value of the remaining tokens in circulation. This approach aligns the interests of the platform, token holders, and users, as it incentivizes long-term holding and active participation in the Barium Network ecosystem.
Token supply and other details will be announced soon
Last updated
