Author: DeBox, Source: Author’s Twitter @DeBox_Social; Translated by: Baishui, Golden Finance

We are excited to introduce $BOX, a core part of the DeBox ecosystem with multiple use cases.

summary

  • Payment: $BOX is considered the basic payment method on DeBox, including game items, pre-sales, premium features, etc.

  • Staking: Get rewards from the DeBox ecosystem protocol.

  • Destruction: Coming soon.

  • Lending: $BOX can be used as collateral in the DeLend protocol.

  • Governance: $BOX is the governance token of the DeBox ecosystem.

  • Deflation: Total supply will decrease based on activity.

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Allocation and Vesting

  • Foundation: 20%

  • Ecosystem incentives: 35%

Foundation and ecosystem incentives will be distributed to DeTox protocol (DeSwap/C2C asset exchange, etc.) users and DeBox NFT holders.

  • Launch Marketing: 1% - released on TGE

  • Airdrop: 5% - released on TGE

  • Investors: 20% - released 24 months after TGE

  • Team: 17% - released 48 months after TGE

  • Liquidity: 2% - released on TGE

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Unlock Details

  • DeSwap: distributed for 180 days

  • Community rewards: distributed for 180 days

  • DGS daily rewards: distributed for 180 days

  • DGS Egg Rewards: 25% released by TGE, the rest released linearly over 12 months

claim

Currently, vDBX can be claimed to $BOX at a ratio of 1:1, and the claim page will be released soon.

The $BOX journey may be challenging, but the prospects are bright. We are passionate about building permissionless, extremely simple, yet powerful social infrastructure tools for every community and every person.