๐ก The Power of
$NTRN : Utility Explained! ๐ฐ๐
Ever wondered about the utility behind
$NTRN ? Let's delve into the details:
๐ Tokenomics Overview:
Total Supply: 1,000,000,000 tokens.
Inflation: Zero, with a strict 1 billion cap.
๐ผ Distribution Breakdown:
Founders: Locked for a year, then linearly unlocked over three years (no voting power during restrictions).
Early Backers: Similar locking mechanism with voting power during restrictions.
Community: Allocated through airdrop and launch event with a 3-month unlocking period and optional lock-up.
Neutron DAO: Tokens in the DAOโs Reserve and Treasury, mostly liquid, with approval required for usage or transfer.
๐ Circulating Supply:
Initial circulating supply: Approximately 66%, with 12% airdropped to the community and 54% in the team's treasury.
๐ก Utility Unveiled:
Transaction Fees: The main revenue source, generated from local and cross-chain transactions via Neutronโs IBC fee model.
Payment Distribution: 25% for Replicated Security and 75% split between burning (NTRN) and Reserve (ATOM, etc.).
Understanding the intricacies of
$NTRN 's utility sets the stage for its broader impact and potential. Stay informed, stay empowered! ๐๐
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