Tokenomics
The Armada Network introduces its native governance token, AMDA, which plays a vital role in powering the ecosystem and incentivizing participation. This section outlines the tokenomics of AMDA, including supply, allocation, incentives, governance rights, and other key features that contribute to the sustainability and growth of the Armada Network.
1. AMDA Token Supply and Launch Price
The AMDA token has a total fixed supply of 10,000,000,000 (Ten Billion) tokens. This cap ensures scarcity and helps maintain the long-term value of the token. At the time of launch, the AMDA token will be priced at $0.01, providing an accessible entry point for early adopters and investors.
2. Token Allocation
To create a balanced and fair distribution of AMDA tokens, the total supply will be allocated among various stakeholders as follows:
Development Team: 7.5% (750,000,000 AMDA) & Advisors: 2.5% (250,000,000 AMDA) – These tokens will be used to support the development team and compensate them for their contributions to the project. Tokens will be subject to a vesting schedule to ensure long-term commitment.
Private Sale to Early Investors and Partners: 10% (1,000,000,000 AMDA) – Allocated to early investors, partners, and advisors who supported the project during its inception. These tokens will also be subject to vesting schedules and lock-up periods.
Community Growth and Ecosystem Development Fund: 10% (1,000,000,000 AMDA) – These tokens will be used to incentivize community participation, support ecosystem growth, and fund marketing initiatives.
Staking and Network Maintenance: 40% (4,000,000,000 AMDA) – These tokens will be distributed as rewards to users who stake their tokens, validate transactions, or provide resources to the network.
Public Sales through leading DEXs and CEXs in the market: 30% (3,000,000,000 AMDA)
3. Incentivizing Participation
The Armada Network will offer attractive rewards to users who participate in the network by staking tokens, validating transactions, or providing resources such as computing power. By aligning the interests of token holders with the success of the network, AMDA tokenomics ensures a sustainable and thriving ecosystem.
4. Governance Rights
AMDA token holders will have the right to participate in network governance, including proposing and voting on network upgrades, changes to the tokenomics model, and other critical decisions. This ensures that the community actively influences the platform's development and direction.
5. Staking and Delegation
Users will be encouraged to stake their AMDA tokens by offering competitive staking rewards. Additionally, a delegation mechanism will allow token holders to delegate their tokens to validators, increasing network security and decentralization.
6. Token Utility
The AMDA token will have extensive utility within the Armada Network ecosystem, enabling access to various services and dApps, such as DeFi platforms, NFT marketplaces, and decentralized data storage solutions.
7. Deflationary Mechanisms and Token Burns
To maintain the AMDA token's value over time, the tokenomics model may incorporate token burn mechanisms or other deflationary measures. This could involve burning a portion of tokens used in transaction fees or allocating a percentage of network rewards to be burned periodically.
8. Vesting and Lock-up Periods
To promote long-term commitment and alignment of interests among significant stakeholders, the Armada Network has established vesting schedules and lock-up periods for the development team, early investors, and advisors. This approach aims to prevent excessive token dumping and stabilize the token's value.
8.1. Founding Team and Advisors
The founding team and advisors, who are allocated 10% of the total AMDA supply, will be subject to a 1-year lock-up period. During this time, they will not be able to sell or transfer their tokens. This lock-up period ensures that the founding team and advisors are fully committed to the project's success and focused on creating long-term value for the ecosystem.
After the lock-up period, the tokens will be subject to a vesting schedule, which will be released gradually over an extended period, further strengthening the team's and advisors' commitment to the project. The specific terms of the vesting schedule, such as the release frequency and percentage, will be determined based on the project's milestones and overall progress.
8.2. Early Investors
Early investors who receive an allocation of 10% of the total AMDA supply will also be subject to vesting schedules and lock-up periods. This ensures that these investors share a long-term vision for the project's success and do not engage in short-term speculative activities that could destabilize the token's value.
The lock-up period for early investors will be determined on a case-by-case basis, taking into account factors such as the amount of investment, investor's strategic value, and potential market impact. After the lock-up period, a vesting schedule will apply to the release of their tokens, promoting continued support for the project.
8.3. Ongoing Monitoring and Adjustments
The Armada Network will closely monitor the performance of its tokenomics model, including the effectiveness of vesting schedules and lock-up periods. If necessary, the project may introduce additional measures or adjustments to these mechanisms to ensure the ongoing stability and success of the AMDA token and the wider ecosystem.
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