Shenlong
  • 🐲Welcome to Shenlong $SHEN
  • 1️⃣INTRODUCTION
    • Introduction to Shenlong
  • 2️⃣$SHEN Token
    • Features
    • Why $SHEN Meme Coin?
    • Role Model in the Crypto World
    • Tokenomics of $SHEN
    • Token Lock Strategy
    • DEX Strategy for Liquidity Provision
  • 3️⃣TEAM AND COMMUNITY
    • Team
    • Community Growth
    • Incentives, Airdrops, and Collaborations
  • 4️⃣ROADMAP and VISION
    • Roadmap
    • Vision
  • 📄APPENDIX
    • Disclaimer
    • Contract
    • Media Kit
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  • Max Supply and Distribution Strategy
  • Incentives for Holders and Unique Launch Concept
  1. $SHEN Token

Tokenomics of $SHEN

Max Supply and Distribution Strategy

Shenlong's tokenomics are crafted with a strategic approach to ensure fairness and sustainability in the market. The Shenlong Meme Token ($SHEN) has a maximum supply of 1 trillion tokens. Here's how the distribution and allocation are planned:

  1. Liquidity Pool on Trader Joe: All tokens will be added to a liquidity pool on Trader Joe, accompanied by an initial investment of 100 AVAX. This step is crucial for providing liquidity and stability for the token from the outset.

  2. Development and Treasury Wallets: The Shenlong team will allocate additional funds to the development and treasury wallets. These wallets will participate in buying from the liquidity pool at launch, ensuring an adequate supply for project development and operational expenses.

  3. Use of Treasury Funds: The funds in the treasury are earmarked for critical project expenses, such as updates to DeFi tools, listings, design work, and marketing activities. This budgeting is essential to support the ongoing development and growth of the Shenlong project.

Incentives for Holders and Unique Launch Concept

Shenlong's approach to tokenomics includes incentives for holders, primarily through the potential appreciation of the token's value as its popularity grows. Here are key aspects of this approach:

  1. No Transaction Taxes: Shenlong stands out by having no taxes on transactions, making it more appealing for trading and holding.

  2. Fair Distribution and Market Stability: The project introduces a unique launch concept aimed at minimizing the impact of sniper bots and large whale purchases. This strategy is expected to lead to fairer token distribution, reduced price volatility, and a more sustainable growth in market cap.

The focus of Shenlong's tokenomics is to create a stable and fair environment for all participants. By ensuring a balanced distribution and providing a clear plan for the use of treasury funds, Shenlong aims to build confidence among its holders. The unique launch approach further underscores the project's commitment to fairness and long-term sustainability in the market. This strategic financial structure positions Shenlong to be a promising player in the meme token space, offering both stability and growth potential to its community.

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Last updated 1 year ago

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