Toonie token
Toonie Tokenomics: Utility, Value, and Growth Engine
In today’s fintech landscape, any exchange aiming to make a significant impact often develops its own token ecosystem—one that can deliver benefits like discounted trading fees and enhanced market liquidity. Recognizing this need, Toonie Holding has introduced Toonie Coin Network (TCN), a token built on the Arbitrum blockchain, to streamline fee calculations and facilitate exchange-related transactions. With a maximum token supply of 224,000,000,000 TCN, this initiative not only offers a more efficient payment option but also fosters a vibrant and engaged community.
TCN’s tokenomics strategy unfolds across three primary stages:
Pre-Market – Initial preparations and early distribution activities.
Wave 1 – A four-phase process designed to gradually expand the token’s utility and reach.
Wave 2 – Culminating in the introduction of Proof of Staking and the eventual launch of the Toonie Blockchain.
Through this structured approach, TCN reinforces Toonie Holding’s commitment to delivering a dynamic, user-focused ecosystem that elevates the trading experience while laying the groundwork for ongoing innovation in the cryptocurrency space.
Token Name: Toonie Coin Network (TCN)
Blockchain: Arbitrum (EVM-compatible), with multichain compatibility.
Token Type: Utility Token (Non-Governance, compliant with Canadian regulations).
Total Supply: 224 billion TCN (to be minted at the start).
Token Capabilities:
Burning Mechanism: To ensure deflationary pressure and regulate token supply.
Freezing Capability: Tokens will be stored in multi-signature wallets or DAO treasury wallets.
Phased Release Strategy: Tokens will be distributed in carefully managed phases.
Multichain Functionality: Expandable to other blockchains (e.g., Ethereum, Binance Smart Chain) as the project scales.
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