E280 Tokenomics

Minting

• Mint Phase = 28 days

• Mint Cost: 1 TITANX (or equivalent USD value in ETH) = 1 E280

• *E280 Tokens minted are claimable after 48 hours from mint timestamp

Supply

• Capped supply once mint phase ends

• Deflationary supply from token burns forever after

Buy/Sell Tax

• 16% buy/sell/transfer tax - during mint phase

  • 12.8% NFT rewards

  • 1.6% E280 Burn

  • 1.2% Genesis

  • 0.4% Helios Treasury

• 4% buy/sell/transfer tax - forever after mint phase

  • 2.4% NFT rewards

  • 0.8% E280 Burn

  • 0.6% Genesis

  • 0.2% Helios Treasury

Why would someone want to mint tokens over an NFT?

Everyone will have their own strategies. While some may decide the NFT is a store of value for long term holdings as a good play, others may not. In short, by only minting tokens and not an NFT, users avoid the 3% burn fee attached to crushing an NFT for their backed tokens. However, token holders do not earn rewards.