Stason Jetham
@jetham.eth
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Regarding the tokenomics / fees, this is how it works:
It's a reflection token, the contract collects 5% fees from all trades, swaps them to wETH, and distributes the wETH rewards proportionally to the holdings to all token holders.
So in the current phase of the project, holders already benefit from all future volume on the token itself.
Currently, the project is working with trusted 3rd parties like Safe, to ensure the security of funds according to best practices available, and will continue to do so.
It is aiming to be community-driven, so some future decisions will also depend on how much involvement from community can be achieved, and details regarding the deployment and operation of validators are certainly subject to this as well.
If you'd like to discuss this further, I'll be happy to answer any other questions or concerns you may have, here, or via DM, or in the ETHPrinter TG channel.
Thank you for your questions! 0 reply
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