Tokenomics
Last updated
Last updated
Total Supply: 100M
Tax: 5 / 5
Pool: 65M
VectorChat Airdrop: 20M
Cherry Team: 10M
Marketing: 5M
The $WAIFU token, Cherry's native cryptocurrency, is distributed in a carefully planned manner to ensure the long-term viability and growth of the platform. Here's how the token allocation is structured:
Liquidity Pool (65%): The most significant portion, 65% of the total supply, is allocated to the liquidity pool and locked in Unicrypt. It is paired with 4 ETH. The lock can be found here:
Airdrop to VectorChat Stakers (20%): In recognition of our partnership with VectorChat and to foster a strong community bond, 20% of $WAIFU tokens are airdropped to stakers of $CHAT, VectorChat's currency. This strategic move integrates our communities and incentivizes participation in both ecosystems.
Team Allocation (10%): 10% of the tokens are reserved for the team behind Cherry. To align with our long-term vision, this portion of tokens is locked in Unicrypt for a period of 6 months, demonstrating our commitment to the project's future. The lock can be found here:
Marketing Fund (5%): The remaining 5% is allocated to marketing efforts. These funds are crucial for promoting Cherry, expanding our user base, and enhancing our presence in the market. Effective marketing strategies will drive growth and adoption, benefiting the entire Cherry community