POWER（Zksync era）

powerswap tokenomics

Token $POWER will be arriving at Zksync era chain. The token distribution follows a fixed supply, constant emission model, with burning mechanisms.

Token Information

Type：ZkSync Era Network

Ticker Symbol: POWER

Max Supply: 1,000,000,000 POWER tokens

Start of Supply: 10,000,000 POWER tokens

IFO Price：0.000004 eth

Initial price：0.000005 eth

Contract Address:

INITIAL DISTRIBUTION

10% (100,000,000 POWER) for Initial supply, equal of 100,000,000 Power will be released at IFO or added to liquidity separately.

7% (70,000,000 POWER) for team reservation—unlocked after 24 months

15% (150,000,000 POWER) for CEX Reserve Fund

60%(600,000,000 POWER) for Farm

8% (80,000,000 POWER) will be allocated to POWER community members community rewards — unlocked linearly in 24 months

What is a Maximum Supply?

Maximum supply denotes the upper limit of the total number of coins or tokens that will be generated by the blockchain. Once this limit is reached, no further coins or tokens will be minted.

The maximum supply of POWER tokens(Zksync) is 1,000,000,000

POWER Deflationary Mechanisms

PowerSwap DEX has its Deflationary Mechanisms. Our platform always develops and aims to enhance ones. Selling POWER tokens will automatically burn 2% of the sale. Burning will stop when the amount of POWER tokens drops below 10millon.

When selling POWER tokens, sellers need to pay a 3% sales tax, of which 2% will be burned, and 1% will be used to add liquidity to POWER and The added liquidity is locked forever.

In addition to burning in transactions, POWER will also be burned in Lottery and IFO. In short, our theme is BURNING.