Librox Tokenomics
Token Utility
The $LIBRO token will serve as the native currency within the Libro ecosystem. Its primary functions are:
Transactions: Used for tipping creators, purchasing NFTs, or buying creator tokens.
Staking: Users can stake $LIBRO to earn rewards, unlock premium features, or participate in governance.
Governance: $LIBRO holders can vote on key proposals in the DAO.
4.2 Token Allocation:
Liquidity Pool: 10%
Community & Staking Rewards: 15% (10% unlocked at TGE, linearly unlocked over 12 months according to the annual plan)
Development & Ecosystem: 25% (10% unlocked at TGE, linearly unlocked over 24 months according to the annual plan)
Team & Advisors: 15% (10% unlocked at TGE, linearly unlocked over 24 months according to the annual plan)
High-Quality Content Creators and Operators Rewards: 15% (10% unlocked at TGE, linearly unlocked over 24 months according to the annual plan)
Marketing & Partnerships: 15% (10% unlocked at TGE, linearly unlocked over 24 months according to the annual plan)
Reserved Tokens for CEX Listings: 5%
4.3 Staking and Governance
Staking is a crucial part of Libro’s tokenomics. Users who stake $LIBRO tokens earn rewards while gaining voting power in the platform’s governance.
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