Tokenomics
Last updated
Last updated
Initial Liquidity
60% of total token supply provided as initial liquidity on Quickswap. Liquidity pair $HAHA/$ASTR created on Astar Network's zkEVM.
23% of total token supply allocated to Degeneration Campaigns as follows:
15% Community Growth
5% Token Burn
2% Targeted Airdrops
1% Pre-Launch Campaigns
Degeneration campaigns (DC) will be used to to attract Ethereum Layer 2 and Polkadot commuinties to Astar zkEVM. The DC allocation will also be used to provide rewards and grants to community members that help develop the HAHA coin project.
Examples of campaigns:
Branding competitions;
Meme competitions;
Astar Network and top L2 ecosystem personality raids;
Japanese community and Influencer outreach;
Competition and participation campaigns linked to active project promoting; and
Community lead Ideation campaigns.
10% of total token supply allocated to developing the HAHA project as follows:
5% Degen dApp grants
4% Exchange listings
1% Team Fund
Degenerate dApps
HAHA plans on launching, and supporting community members who build, Degenerate Apps (DApps) focused on burning HAHA tokens.
Team Funds
Distributions will be made to contributing team members for the purpose of supporting the HAHA project and its community;
Distributions amounts will be made in proportion of the value contributed;
Team members must make significant and meaningful contributions across the HAHA project during a distribution period to be considered eligible for team fund distributions for that period;
All team distribution transactions will be published;
Team distributions will continue for a maximum of 12 months or until team allocation is exhausted; and
Any team funds remaining after 12 months will be burned.
5% of total token supply allocated to reward pool for Astar Network dApp staking.
An application to join Astar Network’s dApp staking program will be made post launch. If dApp staking application is unsuccessful the full 5% token allocation will be burned.
2% of total token supply allocated to initial liquidity providers. Individual allocation distributed in proportion to provider's contribution.
