Tokenomics

The tokenomics of Agata Coin, the native token of AgaChain, have been carefully constructed to support the long-term objectives and sustainability of the ecosystem. As the foundational asset of the network, Agata Coin facilitates a variety of critical functions and services, underpinning the ecosystem's overall functionality and growth.

Token Details

• Total Supply: Initially fixed at 10 million tokens, the total supply has been strategically reduced to 9 million tokens through a one-time burning event to adjust the market supply and enhance token value for holders. This adjustment reflects our commitment to maintaining a balanced and sustainable economic model.

• Minting/Burning: To ensure stability and predictability within the ecosystem, there are no provisions for further minting or burning of Agata Coin, guaranteeing a constant supply henceforth.

• Advanced Security: Security is paramount, with Agata Coin utilizing Multi-Signature Wallet technology to enhance the safety of token transactions and holdings, mitigating risks of unauthorized access.

• Transparency: Agata Coin's operations and transactions are fully audited by reputable firms, ensuring transparency and integrity, with no hidden features or functionalities.

Token Distribution

The revised total supply of 9 million Agata Coins is allocated as follows, adjusted proportionally from the original plan:

• AgaChain Reserve Wallet: 30% (2,700,000) reserved for future development, ecosystem expansion, and strategic reserves.

• Team Vesting Wallet: 20% (1,800,000) allocated to the founding team and advisors, subject to a vesting schedule to ensure long-term alignment and commitment.

• Development Fund Wallet: 15% (1,350,000) earmarked for ongoing development efforts, including research, technological advancements, and ecosystem enhancements.

• Community and Partnerships Wallet: 15% (1,350,000) dedicated to forging strategic partnerships, rewarding community engagement, and supporting collaborative projects.

• Staking and Rewards Wallet: 10% (900,000) allocated for staking rewards and liquidity mining incentives, encouraging participation and investment in the network's security.

• Marketing and Promotions Wallet: 5% (450,000) used for marketing initiatives, promotional activities, and brand-building efforts to drive adoption and awareness.

• Governance DAO Wallet: 5% (450,000) reserved for governance activities, enabling token holders to propose and vote on key decisions and directions for the ecosystem.

Utility

Agata Coin's multifaceted utility within the ecosystem includes:

• Governance: Empowering token holders with the ability to influence ecosystem governance, policy making, and strategic directions through participatory voting.

• Premium Services Access: Enabling the purchase of premium services such as expedited transaction processing and access to advanced analytical tools.

• Fee Settlement: Serving as the primary medium for settling transaction fees on the AgaChain network, ensuring efficient and cost-effective interactions.

• Staking and Rewards: Offering staking mechanisms to token holders, rewarding them for securing the network and participating actively in its operations.

• Cross-Chain Interoperability: Facilitating seamless transactions across various blockchain platforms, thus broadening Agata Coin's applicability and enhancing its utility.

• Smart Contract Execution: Essential for executing smart contracts on AgaChain, making Agata Coin indispensable for developers and users engaging with the ecosystem's applications and services.