Tokenomics

The Quantum Network Token (QNET) serves as the backbone of our ecosystem, designed to facilitate a host of functionalities including but not limited to transaction fees, staking, and governance. Understanding the tokenomics is crucial for anyone interested in the long-term value and utility of QNET.

Token Specifications

• Token Name: Quantum Network

• Symbol: QNET

• Blockchain: Ethereum

• Token Type: ERC-20

• Total Supply: 100,000,000 QNET

• Decimals: 18

Token Distribution

• Liquidity Pool: 80,000,000 QNET (80%)

• Burned: 20,000,000 QNET (20%)

Liquidity Pool

The Liquidity Pool will be mainly used to provide liquidity on decentralized exchanges. This will facilitate easy buying and selling of QNET tokens, thereby increasing its accessibility.

Burned Tokens

20% of the tokens will be burned to reduce the overall supply, making QNET more scarce and potentially increasing its value over time.

Buy and Sell Tax

• Tax on Buying and Selling: 3%

The tax serves as a mechanism to discourage short-term trading and to support long-term holding. This tax will be redistributed in ways that benefit the token holders and the ecosystem. Specifics about the tax distribution will be outlined in future governance proposals.

Utility of QNET

• Transaction Fees: All transactions within the network will require a nominal amount of QNET as fees.

• Staking: Users can stake their QNET to participate in network validation if applicable, earning more QNET as rewards.

• Governance: QNET holders will have the right to propose and vote on future developments and changes within the Quantum Network ecosystem.

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The tokenomics is designed to encourage positive economic activity within the ecosystem while providing tangible benefits for token holders. Feel free to adjust this section to better match the specific economics of your project.