Tokenonmics
Last updated
Last updated
Gelato features a stabilized utility fee consisting of 4% Buy, 4% Transfer and 4% Sell. Fees are generated from volume running through the Token. Every time a user buys, sells or transfers Gelato, the utility fees are triggered capturing a small percentage and feeding it into the system. The utility fees are directed to 4 distinct categories:
Rewards: 50%-70% of the fees from the 4% being captured go to rewarding holders with SolidX and pHex.
Deflation: 25%-45% of the fees being captured go to Buying and Buring SolidX, Gelato and Stacked Italian.
Liquidity Build: 5%-15% of the fees will be allocated to building liquidity in the WPLS pair which is locked for 1 year.
Genesis: 5% or less of the 4% fees will go to the Genesis. The Main Pairing with Gelato will be WPLS and this pool will be locked for at minimum, 1 year. The tokens being bought and burnt will be sent to the zero address.