Fuzz Tokenomics

Fuzz token is the main utility and governance token of Fuzz Finance

FUZZ Finance Token

Token Name: Fuzz Finance

Symbol: FUZZ

Decimals: 18

Arbitrum Address: 0x58E50e24d5160DEf294B6b6410d12C597054B79E

Harmony Address: 0x984b969a8E82F5cE1121CeB03f96fF5bB3f71FEe

The FUZZ Finance token will be the epicenter of the Fuzz.Fi ecosystem. Our main prerogative is to create new, exciting and extremely unique dapps to bring the world.

Max Supply

There will be NO hard cap for FUZZ, however we do have a soft cap of 1 billion tokens, the soft cap is a marker we'll use to gauge our deflationary mechanisms and attempt to stay below that threshold. We believe we will create enough utility and demand in our other decentralized applications to create a natural inflation control mechanism. All of our other dapps will use ONE tokens to buy and burn FUZZ or to accept FUZZ as a fee and burn the FUZZ that is received. Below are some of the deflationary mechanisms we will deploy.

Deflationary Mechanisms

• 0.05% of every trade made on FuzzSwap on Harmony

• 2% of every yield harvest in the Auto FUZZ Pool on Harmony

• 100% of the fees received from any Fuzz.Fi will be used to buyback and burn FUZZ

• 100% of any token received from any Fuzz.Fi dapp will be used to buyback and burn FUZZ

• 100% of FUZZ received from any Fuzz.Fi dapp will be burned

  • We will continually add more mechanisms in the future to help control supply and boost our overall tokenomics

Distribution

Our soft cap is 1 billion tokens. However with our deflationary mechanisms, this will slow or even create a deflationary supply.

• Development Treasury: 10 million tokens

  • New dapps, bounties, bug fixes, auditing, etc.

• Community DAO Treasury: 2 million tokens

  • When a DAO is created, the 2 million tokens will be used to create community initiatives

• Liquidity Provider Treasury: 5 million tokens

• Founder Treasury: 5 million tokens + 500k tokens per month