Tokenomics

Token Specification

• Name: BSCX token
• Symbol: $BSCX
• Network: Binance Smart Chain
• Spec: BEP-20
• Precision: 18
• Smart Contract Address: 0x5ac52ee5b2a633895292ff6d8a89bb9190451587

Token Allocation

• Total Supply: 9,983,396 $BSCX
• Farming: 7,983,396 $BSCX (75% locked for 1 year)
• IDO: 2,000,000 BSCX
• Liquidity stage 1 (After IDO): 422,806 BSCX
• Liquidity stage 2: 577,194 BSCX or Burn (we will do voting on our community for last decision)
• Airdrop: 200,000 BSCX

Deflationary Mechanics

• Anytime you send $BSCX, 5% will be burned. (Not yet activated, we will let the community make the final decision)
• 20% of the total $BSCX raised in future IDOs will be burned. (Community will make the final decision)

Locking Mechanics

• PoolX: 80% farmed tokens will be distributed to participants (25% of them will be distributed to participants instantaneously, 75% of them will be locked for 1 year and will be distributed continuously block by block after that 1 year)20% farmed tokens will be distributed to our platform development fund (25% of them will be distributed to the fund instantaneously, 75% of them will be locked for 1 year and will be distributed continuously block by block after that 1 year)
• PadX: BSCX locked in 6 months.

Update: The BSCX token is a reward for using the LaunchZone Ecosystem and a governance token of our decentralized system on Binance Smart Chain. This sophisticated token architecture will create a virtuous circle in which users benefit from use. The system will be marking the most efficient and benevolent structure to ever hit the market.