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Tokenomics

Information

  • Token Name: Elvantis
  • Token Symbol: ELV
  • Contract Address:
  • Chain: Binance Smart Chain (BEP-20)
  • Chain: Ethereum (ERC-20)
  • Chain: Polygon (MATIC)
  • Supply Start: 150.000.000
  • Max Supply: 300.000.000 ( in 20 years )

Slippage and BuyBack

The fee is 5% for selling and 3% for buying transactions. These tokens will be transferred into Marketing Wallet and used for development purposes such as marketing, CEX listing, bounty, buyback and burn.
  • 3% to buy
  • 5% to Sell

Why is the total supply increasing?

  • First and foremost, we are time-locked, so new tokens cannot be minted by any person only SpaceMoon Elvantis Contract. All tokens originating from wallet 0x00000000.. are obtained as a prize when you claim any reward.
  • What is the strategy for the market not to inflate? We have a very clear plan for this; so far, each time a chest is opened, 60% of the tokens are burned. This makes deflation greater than inflation, resulting in a big burn gathered from the community. These tokens will continue to be used for project development (Sticker Album, NFT farm, Character, Farming, playing...)
  • Our Max Total Supply Is 300 Million.
Elvantis primary function is to incentivize providing liquidity. Without block rewards, there would be much less incentive to provide liquidity (LP fees, etc. would remain).

Use Cases

The primary utilities:
  • Staking & Farming:
  • Battling in PVE mode;
  • Battling against each other;
  • Hunting for treasures with the Treasure Map;
  • Trading and selling their findings on the Marketplace;
  • Farming rewards by staking their NFT set (tokens);
  • Completing sections of their Relic Album.

Deflationary Mechanisms

  • ELV accumulated from the Marketplace FEE, 1% of all trades.
  • ELV from NFT FARM Fees will return to the rewards pool.
  • ELV from Treasure Map Fees. 30% of all ELV is Burned.
  • ELV from Sticker Album.
  • (5%) ELV fees from every transactions in the marketplace and will be distributed equally to the Elvantis Holders top 500.

Charts

DEV WALLET: xxxxxxxxxxxxxxxxxxxxxxxxx
Last modified 1mo ago