Tokenomics

Introducing the tokenomics of $SPOT, the native token of the BlockSpot ecosystem.

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$SPOT

• Token Symbol: $SPOT

• Contract Address: 0x53020F42f6Da51B50cf6E23e45266ef223122376

• Total Supply: 100,000,000 SPOT Tokens (Fixed Supply)

• Current Circulation: All Tokens in Circulation

Contract Renounce

https://etherscan.io/tx/0xb0ae7b89ac0b2f50eb29dc381434cd895f97644c9aeab572a8a602d73572b2c4

Contract Lp lock

https://app.uncx.network/amm/uni-v2/pair/0xc0e1cb42ec3e2dc239f080a2c98659f58cbce9ed

Distribution and Tax Structure

• $SPOT: https://etherscan.io/address/0x53020F42f6Da51B50cf6E23e45266ef223122376

• Initial Launch: 2.5 ETH

• LP Tokens: 28,737,500 $SPOT

• Taxation: 6% tax on transactions ( When Live )

  • 3% towards Liquidity Share

  • 3% allocated for development and staking rewards in ETH

Token Allocation

• Developer Wallet and Liquidity Pool: https://etherscan.io/address/0x6c318d9558bc180a36b717c8dc03a8bfc4c42efe Excluded from Liquidity Share

• Staking Incentives: Paid in ETH

Unique Features

• ERC-20 Compliance: Ensuring broad compatibility and ease of integration

• Liquidity Provision and Rewards:

  • 3% of every transaction contributes to LP staking and development.

  • Maintains the attractiveness of LP staking through consistent ETH rewards.

Specialized Token Types

• $gSPOT: https://etherscan.io/address/0xcd3d16d9508848444be282a2e8cec76ea48e741b#readContract

• A Reward token, Earn $ETH Rewards for on chain Transactions in $ETH, $gSPOT must be traded back.

• $SpoTFarm: https://etherscan.io/address/0xaf894a45df2ee09df961d159f5371d1bebe02a58#code

• A sophisticated staking platform that allows users to engage in various staking strategies with tokens, it's a tool for users to stake tokens, manage their investments, and earn rewards,

Dividend Tracking

• SPOT Dividend Tracker: A non-transferable asset tracking LP token earnings. Automatically minted upon $SPOT receipt and burned upon transfer. Simplifies the dividend claim process for $SPOT holders.