The DUCK token is central to DuckChain's governance and ecosystem, supporting a wide range of functions from governance to staking. With a well-defined economic model, DUCK is poised to drive the widespread adoption of blockchain technology.
How is DUCK Token Allocated?
The total supply of DUCK tokens is 10 billion, distributed as follows:
Community and Ecosystem Development (77%):
50% for airdrops
4% for liquidity
3% for marketing
20% for ecosystem support
Team (10%)
Investors (10%)
Advisors (3%)
What Makes DUCK Token Unique?
DUCK serves multiple roles within the DuckChain ecosystem:
1. Governance: Enables community participation in decision-making.
2. Gas Fees: Used for transactions within the network.
3. Primary Currency: Facilitates various ecosystem activities.
Why is DUCK Token Important for Blockchain Adoption?
As the first Telegram-based Layer 1 project, DuckChain integrates AI tools and EVM compatibility, providing on-chain support for developers. This approach empowers Telegram's vast user base, making blockchain technology more accessible.
Where Can You Trade DUCK?
Spot trading for DUCK will launch on OKX on January 16. 2025.
Conclusion
DUCK token economics showcase a thoughtful approach to fostering community involvement and ecosystem growth. Its innovative use cases position it as a key player in blockchain adoption.
What is DUCK Token Economics and Why Does It Matter? - I hope this article was informative.
