Tokenomics

Our team has put a lot of effort into carefully designing and planning our tokenomics to ensure their effectiveness. We have also prioritized transparency in how we handle our tokenomics. We believe that transparency is crucial in building trust and confidence among our community members. By providing clear and open information about our tokenomics, we aim to create a sustainable and thriving ecosystem for the long term.

Use of funds are always communicated with the community to have maximum exposure towards transparency.

Contract Address of $DBLU: 0x3667125d0D3f23EDf49DCF506a83A147C80ae1BA

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Distribution

Details

Staking Rewards ->

We allocate 56.57% of staking rewards. This model is designed to sustain for a minimum of five years, contingent upon the condition that the total circulating supply remains locked for 365 days. It's important to note that adjustments may be made if half of the rewards are reached within the initial year.

Platform Rewards ->

The platform features a comprehensive reward system comprising 10.43% of the total. These rewards will be continuously distributed as long as users engage with the platform. In the event that these rewards are attained at a faster rate than anticipated due to the growth of our player base, adjustments to the reward system will be made in consultation with the community.

Community ->

The community will have access to a total number of tokens upon launch, allocated for purchasing and listings. Additionally, tokens will be available for participation in various competitions and events held along the way. This may also include airdrops.

Team ->

4.5% of the team's token allocation will be released one year after the token launch. Subsequently, at the end of each quarter thereafter, there will be a 1% vesting, continuing annually until the entire team token supply is fully vested.

Development ->

Development tokens are instrumental in driving forward ongoing development initiatives. They serve as essential resources for funding and supporting the progression of our projects and products.

Airdrop ->

We have developed both Testnet and Mainnet Airdrop campaigns, with a priority given to the Testnet phase. Any remaining tokens from the Testnet campaign will be allocated to the Mainnet campaign, which will be formally announced at a later date.
Tokens will be vested in a period of 6 months after launch.

Bounty Foundation ->

Our Bounty Program encompasses various initiatives such as hackathons, bug reporting, and more. It serves as an incentive for our community members to actively engage and contribute to the improvement and security of our platform.

Audited by SCRL: https://scrl.io/project/doubleup/