Tokenomics
Initial Supply
The initial supply will consist of two components:
Fixed initial minimum amount of 1,000,000 $KATSU
Dynamic component determined by the amount of minted Cattos
Each minted Catto at the point of snapshot ($KATSU token contract deployment) will add an additional 1,000 $KATSU to the initial supply.
And therefore the total initial supply will be 1,000,000 + (No. of Cattos minted * 1,000)
Example:
Total Cattos minted: 100
Total initial supply = 1,000,000 + (100 x 1,000) = 1,100,000 $KATSU
A wallet address holds 7 Cattos, and therefore is eligible to claim 7 x 1,000 = 7,000 $KATSU
Initial Distribution
The dynamic initial supply component will be airdropped to Catto holders to claim.
The fixed initial supply component will be distributed as such:
900,000
DEX liquidity pools
50,000
Team incentives
50,000
Reserved for giveaways, marketing, community building, etc
Variable
Airdrop for existing Catto holders to claim
Dynamic Supply & Demand
$KATSU will exist mainly as a utility token, and it is important to strike a balance between supply and demand.
To achieve this, we have made a few critical tokenomics design choices:
There is no supply limit for the $KATSU token
Inflation occurs weekly, and the rate of inflation is dynamic, depending on the number of Cattos currently minted
Currently per Catto contributes to a weekly increase of 15,000 $KATSU to the token supply
The increase in token supply per Catto can be adjusted in the future via DAO and governance vote
Despite the weekly inflation, it is possible for the token to become deflationary, when there are sufficient gamification activities, many of which will cause $KATSU to be burned and removed from total supply
Last updated