E280 Tokenomics

Minting

  • Mint Phase = 28 days

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

  • *ELMNT 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% ELMNT Burn

    • 1.2% Genesis

    • 0.4% Helios Treasury

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

    • 2.4% NFT rewards

    • 0.8% ELMNT 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.

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