Tokenomics of $DIR

We’ve finally reached a point where we feel we’ve designed a healthy and sustainable token distribution model for $DIR that rewards and incentivizes hodlers and the community around bsc.directory.

$DIR is the utility token of the bsc.directory protocol, a decentralized name service on Binance Smart Chain allowing people to use domain names (john.bsc) as an alias of their BSC addresses (0xbb4CdB9…).

Token Utility

$DIR token holders will be the effective “owners” of bsc.protocol. This means that they’ll be the ones benefitting from all domain name sales and renewals.

How so? When a user registers or renews a domain name, they’ll pay in $BNB. The $BNB will go straight to the bsc.directory treasure, which will execute a buy back of $DIR tokens from the Pancakeswap BNB/DIR liquidity pool.

30 % of these newly purchased $DIR tokens will be burned.

The remaining 70 % will be distributed as rewards to people staking Pancakeswap BNB/DIR LP tokens or solo staking $DIR tokens on bsc.directory, in the following ratio:

• BNB/DIR LPs: 75 % of the rewards
• $DIR stakers: 25 % of the rewards

Tokenomics and Distribution

Max supply: 10,000,000
Initial supply: 3,700,000
Transfer tax: On every transfer, 1 % of the transfer amount will be burned.

Presale (25 %): 2,500,000
Initial and Burned Pancakeswap Liquidity (10 %): 1,000,000
Liquidity Mining and Staking (44 %): 4,400,000
Marketing Funds (9 %): 900,000
Vested, released linearly over 6 months.
Team (8 %): 800,000
Vested, released linearly over 9 months.
Advisors (4 %): 400,000
Vested, released linearly over 9 months.

Socials

Telegram: https://t.me/bscdirectory
Telegram Announcements: https://t.me/bscdirectory_news
Twitter: https://twitter.com/bscdirectory