Whales Market
  • OVERVIEW
    • โญWelcome to Whales Market
    • ๐Ÿช™$WHALES tokenomics
      • ๐ŸŽฏToken Utility
      • ๐Ÿค‘Incentive Progam
      • ๐ŸณHow to buy $WHALES?
      • โšซEarn Yields on $WHALES with Kamino Liquidity Vaults
    • ๐ŸŽReferral program
    • ๐Ÿ”“Staking
      • ๐Ÿ’ตDiscount for stakers
    • ๐ŸŽ›๏ธHow to use Dashboard
      • ๐Ÿ””Whales Notification System
      • ๐Ÿ”—Link your Wallets
        • โšกHow to Link your Wallets?
    • ๐Ÿ’ปTelegram Login
    • ๐Ÿค–Whales Intern
  • ๐Ÿ”“WhalesLock
    • โญAbout WhalesLock
    • ๐Ÿ›ฃ๏ธThe mechanism
    • ๐Ÿ’ฐLock your memecoin
    • ๐Ÿค‘Locking Rewards
    • ๐Ÿ’ณPlatform Fees
  • Pre Markets
    • โญAbout Pre Markets
    • ๐ŸŸขBuy Token Allocation
      • Fill others's Offer-to-sell
      • Create an Offer-to-buy
      • Cancel order
    • ๐Ÿ”ดSell Token Allocation
      • Fill other's Offer-to-buy
      • Create an Offer-to-sell
      • Settle your offer/orders
    • ๐ŸคSettlement Rules
      • ๐ŸŽŒCross-chain Settlement (SOON)
    • ๐ŸงพPlatform Fee
    • ๐Ÿ› ๏ธTechnical Overview
    • โ‰๏ธFAQ
    • โš ๏ธInterpretation Error
    • ๐Ÿ“”Listings Regulations
  • Vesting Market
    • ๐Ÿ”“Vesting Market
    • ๐Ÿ“œPlatform Fee
  • Point Markets
    • โญAbout Point Markets
    • ๐ŸŸขBuy Points
      • Fill other's Offer-to-sell
      • Create an Offer-to-buy
      • Cancel order
    • ๐Ÿ”ดSell Points
      • Fill other's Offer-to-Buy
      • Create an Offer-to-sell
      • Settle your offer/orders
    • ๐ŸคSettlement Rules
    • ๐Ÿ› ๏ธTechnical Overview
    • ๐Ÿ“ƒPlatform Fee
    • ๐Ÿ“”Listings Regulation
  • ADDITIONAL DOCUMENTS
    • โœ…Contract Audits
    • ๐Ÿ”—Official Links
    • ๐Ÿค–Supported Networks
    • ๐ŸŽจBrand Kit
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  1. OVERVIEW
  2. $WHALES tokenomics

Token Utility

All about $WHALES

Previous$WHALES tokenomicsNextIncentive Progam

Last updated 1 year ago

Fee Structure

There is a incurred on each trade made through the OTC platform. The fee is then utilized for:

  1. Revenue-sharing: 60% of the fees collected is redistributed to $WHALES token stakers.

  2. Development expenses: 20% is allocated to cover ongoing development expenses

  3. Buyback and Burn: 10% is used to buy back and burn tokens, creating deflationary pressure.

  4. $LOOT revenue-sharing: 10% is shared to $LOOT stakers and $xLOOT holders.

Emission Strategy

$WHALES emission is designed to decay over time, ensuring early adopters are rewarded while controlling inflation.

Performance-based Emissions: emissions are tied to certain KPIs in terms of volume traded to ensure that emissions lead to protocol growth.

$WHALES holders can vote on these KPIs in a decentralized manner. This is also in line with the aim to reach a sustainable balance where revenue from fees is higher than $WHALES emissions.

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platform fee