Token Metrics
Premint and Total Supply
At the outset of ONI DEX's journey, a total of 1 billion ONI tokens will be pre-minted. This initial supply is designated for the presale, setting the foundation for the platform's launch. The pre-mint amount represents the entirety of the token supply before the platform goes live.
Post-Launch Token Generation
Following the launch, ONI tokens will be generated at a rate of 10 ONI per block. This model ensures a steady influx of new tokens into the ecosystem, fueling transactions, rewards, and other operational mechanisms.
Deflationary Mechanism
To maintain a balance between supply and demand and to enhance the token's value over time, ONI DEX incorporates a deflationary system. This system reduces the ONI generation rate by 10% every six months, gradually decreasing the rate until it reaches a sustainable level of 1 ONI per block. This gradual reduction will cease once the generation rate hits 1 ONI per block, marking the end of the deflationary adjustments.
Burning Mechanism
A key component of our strategy to uphold the token's value is the burning mechanism. A portion of the tokens collected from fees, lottery draws, and other specified activities will be permanently removed from circulation (burned). This not only reduces the overall token supply but also combats inflationary pressures, contributing to the long-term stability and appreciation of the ONI token.
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