TELECOM TOKENOMICS
UNIVERSAL TELECOMMUNICATIONS ECOSYSTEM TOKENOMICS PLAN
TELECOM NATIVE UTILITY TOKEN
The tokenomics plan for the Universal Telecommunications Ecosystem involves the distribution of the native utility token (i.e., TELECOM), which governs various aspects of the platform, enables access to the ecosystem, incentivizes participants, and ensures long-term sustainability. Enclosed tokenomics plan is as followed:
1). Token Supply:
Total Token Supply: 1,000,000,000 (1 billion) TELECOM tokens.
The allocation of tokens will be allotted for the following purposes:
Initial Liquidity Pool (LP) Offering: 300,000,000 TELECOM tokens (30% of total supply).
Development Fund: 150,000,000 TELECOM tokens (15% of total supply).
Team and Advisors: 150,000,000 TELECOM tokens (15% of total supply).
Ecosystem and Community: 300,000,000 TELECOM tokens (30% of total supply).
Staking Rewards: 50,000,000 TELECOM tokens (5% of total supply).
Marketing: 50,000,000 TELECOM tokens (5% of total supply).
2). Governance and Voting: The TELECOM token will carry governance rights, allowing token holders to propose and vote on platform upgrades, fee changes, new features, and more. Each TELECOM token will represent one voting right, and a decentralized autonomous organization (DAO) will be established for transparent governance.
3). Off-Chain Governance Discussions: To ensure that off-chain governance discussions involve committed and engaged participants, token holders must own a minimum of 0.0001% of the total TELECOM supply to be eligible for participation in these discussions. This requirement encourages meaningful contributions from stakeholders who have a genuine interest in the project's success.
4). On-Chain Proposal Making: For formal on-chain proposals, a higher threshold is set to demonstrate a stronger commitment from the proposers. Token holders must stake at least 0.25% of the total TELECOM supply to make a proposal on the platform. This staking requirement aims to ensure that proposals have a tangible backing from substantial token holders.
5). Liquidity Mining and Staking Rewards: To incentivize liquidity provision, users who add funds to liquidity pools on decentralized exchanges such as Pancakeswap will receive TELECOM tokens as rewards. Additionally, TELECOM holders can stake their tokens in specified contracts to earn a share of the transaction fees generated on said DEXs.
6). Development Fund: The development fund will be used to finance ongoing
platform improvements, security audits, partnerships, and future upgrades. The
fund will be managed by the team and allocated through community proposals
and voting.
7). Team and Advisors: This portion of TELECOM tokens will be vested over a defined period to ensure the long-term commitment of the team and advisors. Vesting schedules will prevent large token dumps that could negatively impact the token's value.
8). Ecosystem and Community: These TELECOM tokens will be used for partnerships, ecosystem growth, and community development. Initiatives like grants, bounties, and community-driven events will be funded using this allocation.
9). Airdrops and Marketing: To raise awareness, attract users to the platform, and increase trading activity, a portion of TELECOM tokens will be used for airdrop campaigns to existing DeFi users. Depending on the amount of TELECOM tokens swapped, TELECOM members will be rewarded a prorated share of the airdrop tokens. A portion of TELECOM tokens will be conveyed to marketing activities as well.
10). Token Utility: TELECOM will have multiple utilities within the ecosystem, such as:
• Governance: Voting on platform proposals and changes.
• Fee Discounts: Users can pay lower fees when swapping by using TELECOM for transaction fees.
• Staking Rewards: Stake TELECOM to earn a portion of transaction fees generated
on DEX type platforms.
• Exclusive Access: Access to new features, protocols, services, and partnerships.
• Swap TELECOM for BNB, USDC, USDT, WETH, and many other tokens.
11). Vesting and Release Schedule: To prevent excessive token inflation and maintain a healthy market, the team, advisors, and ecosystem of TELECOM tokens will be subject to vesting schedules, with a portion released periodically.
12). Community Involvement: Encourage community participation through both off-chain and on-chain governance mechanisms. By setting these specific thresholds, the project aims to maintain a balance between inclusivity and ensuring that proposals have adequate support from committed stakeholders.
Remember that the actual implementation of the off-chain and on-chain governance mechanisms will require technical integration with the Universal Telecommunications Ecosystem and smart contracts. Additionally, ongoing monitoring and adjustments may be necessary to optimize the governance process and adapt to changing circumstances in the ecosystem via Product Improvement Proposals (PIPs).
