Overview
HashCash utilizes its native token, HACH, as a fundamental component of its economic and operational framework. Designed to support transactions, governance, and incentivization, the HACH token is crucial for the robust functioning and scalability of the HashCash ecosystem.
Total Supply and Distribution
The total supply of HACH tokens is 1 billion tokens, with a strategic distribution plan to support long-term stability and growth:
90% Liquidity Provision: A significant majority, 900 million HACH tokens, are earmarked for liquidity provision. This allocation ensures deep liquidity pools across exchanges and the HashCash platform, facilitating smooth and efficient market operations and enhancing user confidence in transaction capabilities.
5% Team and Founders: 50 million tokens are reserved for the team and founders, with a structured vesting period of 4 years to ensure alignment with the platform's long-term success.
3% Development Fund: 30 million tokens are dedicated to supporting ongoing development, technological advancements, and future enhancements of the HashCash platform.
2% Strategic Partnerships and Collaborations: 20 million tokens are allocated for establishing partnerships and fostering collaborations that expand the platform’s reach and capabilities.
Utility of HACH Tokens
HACH tokens play several critical roles within the ecosystem:
Transaction Fees: Transactions on the HashCash network require HACH tokens, covering fees for contract creation, transfers, and management.
Governance Participation: Token holders have the right to vote on key governance decisions, influencing the platform's direction and updates.
Staking Mechanisms: Users can stake HACH tokens to earn rewards, contributing to the network's security and stability.
Last updated