$EMYC Tokenomics

The tokenomics of $EMYC has been designed to ensure that the token’s distribution, management and use within the E Money Network ecosystem is geared towards driving value and incentivizing participation in the ecosystem.

Token Utility of $EMYC

1. Gas fees - EMYC is the gas fees that users pay for all onchain transactions within the E Money Network ecosystem.

2. Validator rewards - All validators will be KYCed, and they are a core component of the E Money Network as they verify and validate transactions in the ecosystem. $EMYC is used as a validator reward to incentivize them to keep working to ensure the smooth running of the network and maintaining its integrity.

3. Payment for deploying dApps - Developers use EMYC as payment for building and deploying kinds of dApps - RWA, DeFi, DePIN or BankFi in the E Money Network ecosystem.

4. Staking rewards - $EMYC holders stake their tokens to earn staking rewards for helping secure the network. Staking $EMYC can give you more access to global IBANs and E Money Card.

5. Collateral for loans - $EMYC can be used as collateral for availing loans in the E Money Network ecosystem both by institutional investors and retail investors.

Token Details & Supply

Token Name - EMYC

Token Type - BEP 20

Total Token Supply - 400,000,000 EMYC

Circulating Supply - 29,972,770 EMYC

Official Details of $EMYC with contract address details here on Coingecko

https://www.coingecko.com/en/coins/emoneytoken

Official CA on BSC chain : 0xe3f53c0d48360de764ddc2a1a82c3e6db5d4624d

Token Distribution

$EMYC will be distributed across numerous stakeholders of the E Money Network ecosystem to ensure fair participation, incentivize network engagement, and promote long-term sustainability and decentralization.

1. Validator Node (25% ~ 100,000,000 $EMYC) - Tokens allocated for validators that verify and validate transactions within the E Money Network ecosystem and help maintain its integrity. All E Money Network validators will be KYC’ed. The distribution of $EMYC tokens for running the node for each validator, and appropriate validator rewards for securing the network will come from this pool.

2. Foundation Nodes (8% ~ 32,000,000 EMYC) - Tokens allocated for incentivising development and engagement within the E Money Network ecosystem, for long term growth of E Money Network blockchain, and ecosystem products like E Money wallet and cards will come from this pool.

3. Airdrops & Staking (1.5% ~ 6,000,000 EMYC) - Tokens allocated for rewarding users and stakers. Users powering the E Money network ecosystem to fuel its growth will be rewarded with $EMYC tokens from this pool. Additional incentives for further growth of the chain and supporting applications building on the top of E Money Network will come from this pool.

4. Liquidity (5% ~ 20,000,000 EMYC) - Tokens allocated for ensuring high liquidity within the ecosystem. This pool will facilitate the liquidity of other crypto assets for $EMYC.

5. Ecosystem (33% ~ 132,000,000 EMYC) - Tokens allocated for powering the development and deployment of dApps within the E Money Network ecosystem.

6. Marketing (5% ~ 20,000,000 EMYC) Tokens allocated for carrying out marketing activities to promote E Money Network and $EMYC.

7. Teams (5% ~ 20,000,000 EMYC) Tokens allocated for rewarding E Money Network team members for their contributions.