🪙$KEY Token

Token 
Supply

This is a single fungible token system, consisting of a fixed maximum supply of 1 billion $KEY tokens.

The total supply of $KEY tokens will be minted at Genesis. They will be released periodically over time into the community treasury.

Role of $KEY Tokens

The $KEY token is a fundamental element of the Treasure dApp ecosystem, serving as its central currency. These tokens are more than just a digital currency. They are crucial for the platform's operation, enabling transactions and motivating participation.

Central Currency of the Platform

  • The $KEY token operates as the primary medium of exchange within the Treasure dApp.

  • It standardizes transactions across the platform, enabling a seamless and unified experience for users.

  • As a digital currency, $KEY tokens allow for quick, secure, and transparent transactions, utilizing the efficiency and trustworthiness of blockchain technology.

Use Cases of $KEY Tokens

1. Rewards for Task Completion

  • Users earn $KEY tokens as a reward for completing P2P tasks. This direct reward system incentivizes active participation and contribution to the platform.

2. Payment for Task Creation by Brands

  • Brands use $KEY tokens to create and list P2P tasks on the platform.

3. Exchange and Liquidity

  • $KEY tokens can be exchanged for other cryptocurrencies, providing liquidity and trading opportunities for users.

$KEY Distribution

The distribution strategy of $KEY tokens is crucial to ensure a balanced and sustainable growth of the platform. The strategy is carefully designed to allocate tokens effectively among different stakeholders, including strategic investors, the community, the development team, and the platform growth fund.

1. Private Sale and Community Pre-Sale (30% of Token Supply)

Private Sale

  • Target Audience: This sale targets strategic investors, including institutional investors and strategic angels, who can add value beyond capital.

  • Institutional Investors: These are subject to an 8-month lockup period, followed by unlocking over the subsequent 18 months.

  • Strategic Angels: They receive 15% of their allocation at the Token Generation Event (TGE), with the remaining unlocked over 18 months.

Community Pre-Sale

  • Access: Open to the public, allowing early supporters and community members to purchase $KEY tokens.

  • Unlocking Schedule: Similar to the strategic angels, 15% of tokens will be available at TGE, and the remaining will be unlocked over 18 months.

2. Contributions (20% of Token Supply)

  • This portion of the token supply is allocated to the team, advisors, and partners who are instrumental in building the Treasure dApp.

  • Unlocking Schedule: To ensure long-term commitment, there is a 12-month lockup period, after which tokens will be unlocked over the following 24 months.

3. Ecosystem Growth Fund (50% of Token Supply)

  • The largest allocation is reserved for the Ecosystem Growth Fund.

  • Usage: These tokens are set aside for activities that will encourage Treasure dApp ecosystem growth. This includes airdrops, providing liquidity, and other growth efforts.

  • Unlocking Method: Tokens from this fund will be algorithmically unlocked based on the needs of the platform, ensuring that the release of new tokens is aligned with the platform's growth and stability.

Tokens Utility and Sustainability

The sustainability and long-term value of $KEY tokens are central to the success of the Treasure dApp ecosystem. Several mechanisms are in place to ensure that these tokens not only retain their value but also grow in utility and usefulness over time.

1. Limited Supply and Demand Dynamics

  • The total supply of $KEY tokens is capped, creating scarcity and potentially increasing value as demand grows.

  • This limited supply aligns with the principles of digital scarcity, a key factor in the valuation of cryptocurrencies.

2. Token Burn Policy

An important part of keeping the long-term value and stability of $KEY tokens in Treasure dApp is the implementation of a direct burn policy.

This approach involves the following steps:

  • A small percentage of transaction fees generated within the Treasure dApp platform is collected directly in $KEY tokens.

  • This fee mechanism ensures a steady accumulation of $KEY tokens within the platform's treasury, contributing to the overall economic activity.

  • Instead of repurchasing tokens from the open market, some portion of the $KEY tokens accumulated as transaction fees are directly removed from circulation.

Periodically, these collected tokens are 'burned' or permanently deleted from the total supply.

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