Tokenomics

Tokenomics for Babarok ($BRK) on Solana Blockchain:

Welcome to our updated tokenomics proposal for Babarok ($BRK), which includes all the rewards, utility, and deflationary mechanisms discussed in the previous response. To better reflect our new symbol, we’ve made the necessary adjustments to ensure accuracy and clarity:

Token Symbol: $BRK
Total Supply: 10,000,000,000 $BRK
Distribution and Allocation:
- Team Members (5%): 500,000,000 $BRK (locked for a period of 4 years)
- Initial Liquidity Pool (20%): 2,000,000,000 $BRK (distributed across several DEXs to ensure liquidity and accessibility)
- Community Rewards and Incentives (25%): 2,500,000,000 $BRK (allocated for airdrops, community events, referral programs, and more)
- Marketing and Promotions (35%): 3,500,000,000 $BRK (used for marketing campaigns, advertising, partnerships, and other promotional efforts)
- Future Development and Growth (15%): 1,500,000,000 $BRK (held in reserve for future development, new features, and expanding the Babarok ecosystem)
Tokenomics Mechanisms: Same as previously outlined, with adjustments to reflect the new token symbol ($BRK).
Utility: Same as previously outlined, with adjustments to reflect the new token symbol ($BRK).
Deflationary Mechanisms: Same as previously outlined, with adjustments to reflect the new token symbol ($BRK).

We’re excited to introduce Babarok ($BRK) and our innovative tokenomics model to the Solana Blockchain community. Join us as we embark on this exciting journey together!