Tornado Vault
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Tokenomics
Why does $TCORE not have inflation?
The initial cVault team discovered the flaws of many yield farming tokens by analyzing its minting process. Most of these token's yield incentives are based on inflation. They distribute their newly minted tokens to the LP holders. This process does not have great long term effects on the token price.
TCORE is using a non-inflationary farming process, by attaching a 2% fee to any transfer of the TCORE token. This allows the stakers to earn Yield without the protocol having to mint new tokens.
What is the cap of the $TCORE token?
The max supply of CORE is 6,250. There is absolutely no way to create new TCORE tokens, which means the circulating supply can only ever go down.
Does the $TCORE token have any burn?
No not at at this time - however it can be proposed through Governance.
How does $TCORE enter into circulation?
During the Liquidity Generation Event all 6,250 TCORE that will ever exist were minted and placed together with the Ethereum raised into the Uniswap liquidity pool. For TCORE on BSC, 50% of the supply were airdropped to TCORE/WETH stakers.
Last modified 1yr ago
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