Tokenomics
$BNTY or Bounty Tokens are deflationary tokens that govern the Bounty Hunter Space Guild universe.
$BNTY Address
| Use | Address |
|---|---|
Token Address | BNTYkJdHkdP9eH4uGouRkqz9RifYL8knHVVVmBMgcNzx |
Main Token Account | 4hMnnpKtQYDSbRLoduaCVRceY4L594kiHodk5Ps4zd5q |
$BNTY is an SPL-Token following the 64-bit uint with the standard 9 decimals. It will initially be listed on Serum and contain a Liquidity Pool from Raydium. $BNTY can be swapped here.
Note That: An initial Liquidity Pool will be created with 5% of the tokens consisting of 12,000,000 $BNTY tokens and 120 SOL tokens. The remaining 35,811,250 tokens will be will be used as extra liquidity for the LP.
Note That: This does NOT mean that the value of $BNTY will be pegged at $0.00001 SOL its price is still dictated by the market, rather the liquidity pool ensures that its value will be above $0.0025 preventing the token from being manipulated and dumped as well as allowing the use of an AMM.
Note That: $BNTY does not have any direct monetary value and 1 $BNTY is = 1 $BNTY.
$BNTY Distribution
| Allocation | Number of Tokens | Percent Allocation |
|---|---|---|
Staking Pool | 610,436,250 | 64% |
Initial Airdrop | 11,110,000 | 1% |
Liquidity Pool | 47,811,250 | 5% |
Marketing and Partnerships | 143,433,750 | 15% |
Team Allocation | 143,433,750 | 15% |
$BNTY will have a total supply of 956,225,000 Tokens.
Note That: An initial airdrop of 11,110,00 tokens will be sent out, with each Bounty Hunter holder receiving 2,000 tokens.
Note That: The 15% allocated for team funds will be slowly unlocked at a rate of 0.5% each month over the course of a 30 month period.
Note That: A small percentage of all $BNTY spent in auctions, casino games, and future airdrops will be burned to ensure that the value of $BNTY constantly increases.
Note That: There will be two halving periods since hopefully by then the value of $BNTY has appreciated. The first occurs when the initial 30% allocated to the staking pool gets depleted, the second occurs after the succeeding 20% gets depleted. e.g Bounty Hunters will make 50 $BNTY per day after the first halving, and 25 $BNTY per day after the second halving in perpetuity.
Where can I get $BNTY Tokens?
$BNTY can initially be bought through a custom Serum DEX and public DEXes to follow.
If you own an NFT from the Genesis Collection you may stake them to earn $BNTY
Where can I use $BNTY Tokens?
A portion of future airdrops will be available for purchase with $BNTY.
The Guild will regularly host auctions for DAO NFTs where people can bid with $BNTY.
Future merchandise or merchandise discounts will be purchasable with $BNTY.
Casino games and a custom marketplace are also in the works as $BNTY use cases.
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