Introducing the eMarket Token $EFI

The governance token of eMarketDEX that entitles its holders to exclusive benefits. $EFI holders are the de facto owners of eMarketDEX. Any wallet holding $EFI tokens can participate in deciding the fate of the protocol, share the revenue it generates from trading fees and enjoy the benefit of earning more $EFI through marketplace liquidity mining.

Tokenomics

Blockchain: Binance Smart Chain
Standard: BEP20
Contract Address: 0x80ccad767263e2467b6235d8d5cafb5bb1aed9c7
Name: eMarket Token
Symbol: EFI
Max Supply: 1,000,000,000

Governance:

1. The community will have full control of the protocol by creating and voting on proposals in the governance portal.
2. Any token holder can create any proposal for the community to vote on.
3. Any token holder can vote on any proposals created by any community member.

Revenue Sharing:

1. Wallets holding a minimum of 100,000 EFI tokens will receive their share of 80% of the trading fees collected by the protocol..
2. The trading fees will be divided evenly based on each holder’s pro rata share of the current circulating supply of EFI tokens.
3. Trading fees will be converted to EFI tokens and airdropped to holders wallet addresses on a weekly basis.
4. EFI tokens will be bought at the then current market price from eMarketDEX which will effectively increase the demand and price of EFI while also generating more fees for the protocol in the process.

Marketplace Liquidity Mining:

1. 500,000 EFI will be distributed on a weekly basis to all users of the protocol holding a minimum of 10,000 EFI tokens in their wallet.
2. The 500,000 EFI tokens will be divided 50% to sellers and 50% to buyers.
3. Each user will receive their share of the tokens based on their percentage of the total trading volume on the protocol within that week.
4. 300,000,000 EFI tokens will be allocated to the marketplace liquidity mining program.
5. At a rate of 500,000 tokens per week, the liquidity mining program is projected to last approximately 11.5 years.

Token Burn:

1. 250,000 EFI tokens will be burned on a weekly basis along with the 500,000 tokens that are distributed to users.
2. 150,000,000 EFI tokens will be allocated to the token burning program.
3. At a rate of 250,000 tokens per week, the token burning program is projected to last approximately 11.5 years.

As you can see the eMarket Token has some unique features that will greatly benefit both its holders and the protocol . This document is dynamic and changes may be made as required over time. This token contract has been audited and the team behind this project has been KYC’d by Rug Detectives. For more details please and announcements join us on our social channels.

eMarket | Twitter | Telegram | Discord | Reddit | Governance | Audit Report