Token Segmentation
Last updated
Last updated
The $EQUINOX is a finite, scarce, and useful resource within the ecosystem of Solminator. There is a limited supply of 200,000,000 (Two Hundred Million) tokens.
| $EQUINOX | Percentage | Amount |
|---|---|---|
Total supply of $EQUINOX will be allocated to cover the need of various business departments & categories as described in the below segmentation chart. For transparency, the chart also includes information regarding the use of funds for each segment.
| Category | % of Total Supply | Tokens | Use of funds |
|---|---|---|---|
The overall emission of the platform’s total token supply happens through three processes: staking, liquidity pool initiation and release of allocated tokens. We designed an emission at the early stage in a way that the vast majority of the overall emission is through staking & ecosystem rewards. It’s important to understand the time-scale: staking is incentivized by rewards and rewards slowly decrease over time. This decay continues over a period that lasts over 5 years. And our goal is to focus on the total emission rate to grasp how the economy really functions in terms that are relevant to today.
| $EQUINOX | Year #1 | Year #2 | Year #3 | Year #4 | Year #5 |
|---|---|---|---|---|---|
Allocated $EQUINOX for the ecosystem will be distributed fairly among NFT holders in a way to reward more for early comers while keeping a reserve for the future development of our vibrant ecosystem. Tokens will be distributed over a 60 months period starting from the TGE (March 2022) as per the graph below.
60% of the total amount of tokens, which is 120,000,000 (three hundred twenty five million) tokens, are allocated for the sustainable ecosystem. The total distribution is decreasing over the 5 years, as described below.
Ecosystem & rewards will be a major chunk of the reserved tokens which will be detailed at the Inflation Mechanics section below.
NFT Sale earning will be initial funding of the project. According to our current NFT price & community statistics we are expecting below scenarios to happen. Find below the details of our mint day liquidity estimations.
Usually the community expects to have a meaningful chunk of the mint earning to be injected into the Liquidity Pool. Initial USDC token will be reserved in the Liquidity Pool is 500 SOL. According to our estimation mint earnings this amount corresponds to 9% of the total mint funds. And at the price of 1 SOL equal to $100; 500 SOL will be around 50,000 $USDC. If the other team expenses allow, we should safely allocate 50,000 $USDC as an initial liquidity into the LP for the initial stage. However, the Solminator team will reserve around 100 SOL which is around ~2 % of total mints, for later injections to stabilize the token price at the pool.
Total amount will be released within 5 years with a decreasing speed of emission, so that we can make early comers rewarded about it.
15% of total tokens, which is 30.000.000, is allocated to secure adequate liquidity and operations on the DEFI exchange pools. Emission of the token will be decreased as it is seen at below table.
First year’s emission also includes the initial Liquidity Pool token reserve. Liquidity pool will be injected every month equal amounts to complete the yearly emission.
Royalty earnings are super crucial to cover the monthly operational expenses of the project. Based on the team size, the need will change; that’s why coming up with a well thought royalty ratio is pretty important at the beginning. For a medium size project like ours, we should design royalties to bring monthly around 30-40 SOL. Currently, the royalties are decided as 7%.
This will be one of the main earnings points, so please be super active in discord and marketing events to push up the after mint sales, as much as you can.
Assumptions:
We should assume that the listings will fluctuate right after the mint event, between 50% and 10%.
AVG. buying price per NFT - worst case - right above the mint price, with a 10% buffer.
The rest of the months, because of the LP and staking incentives, the maximum number of listings will be around 25% and the minimum number will not change, since people would try to get the benefit of the lower listings.
Royalties will include both secondary market sales and our own marketplace sales. We are allocating 20% of the earnings into the Liquidity Pool for stable price value appreciation. Please find details of the royalty allocations and use of funds at the below table.
| Year #1 | Year #2 | Year #3 | Year #4 | Year #5 | |
|---|---|---|---|---|---|
| Year # | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|
| Right After Mint Event | |
|---|---|
| Use Of Royalties | % of total allocation | Use of funds |
|---|---|---|
Total supply
100%
200,000,000
Ecosystem
60.00%
120,000,000
Ecosystem incentivization & staking rewards
Free IDO / Airdrops
1.00%
2,000,000
Airdrop for NFT holders
Company Reserve
5.00%
10,000,000
Reserve for further developments funding. Including advisers' incentivization, future business development & partnerships.
Team
7.00%
14,000,000
Team & founders incentivization
Marketing
12.00%
24,000,000
Marketing & Community building.
Liquidity and listings
15.00%
30,000,000
Liquidity pools
Ecosystem & Rewards
51,428,571
34,285,714
17,142,857
10,285,714
6,857,143
Free IDO / Airdrops
1,200,000
800,000
0
0
0
Company Reserve
2,000,000
2,000,000
2,000,000
2,000,000
2,000,000
Team
5,000,000
5,000,000
2,000,000
1,000,000
1,000,000
Marketing
8,000,000
6,000,000
5,000,000
3,000,000
2,000,000
Liquidity and listings
6,000,000
6,000,000
6,000,000
6,000,000
6,000,000
Yearly Circulated
73,628,571
54,085,714
32,142,857
22,285,714
17,857,143
Cumulative Circulated
73,628,571
127,714,286
159,857,143
182,142,857
200,000,000
Ecosystem & Rewards
51,428,571
34,285,714
17,142,857
10,285,714
6,857,143
LP Allocation
9%
LP Allocation (in SOL)
506
Initial Token Supply
4,000,000
Initial USDC Reserve
$50,552
Listing price
$0.013
Emission
10,741,466
8,677,205
5,925,986
3,042,178
1,613,165
% of Total
35.80%
28.92%
19.75%
10.14%
5.38%
Total amount
3333
Max Listing
50%
Min Listing
10%
AVG Buying Price
1.4
Total Expected Sales (in SOL)
1333
After Cost
1326.534
Royalties
7%
Earnings (in SOL)
93
Marketing & Partnerships
15,00%
Marketing & Community building.
Treasury
15,00%
Allocate a budget for new projects to invest and get returns on the go.
Merchandise Design
5,00%
Merchandise Expenses
Merchandise Production
20,00%
Merchandise Expenses
Floor sweep
10,00%
We will sweep the floor, for profitable ROI for NFT buyers.
Liquidity Pool
35,00%
We will eject funds into the LP to keep the sustainable $USDC parity.
