💲Tokenomics
$VEGAS
Token info
● Symbol: VEGAS
● Type: yield accrual/governance token
● Blockchain: Terra
● Standard: CW20 (Columbus-5 compatible)
● Decimals: 6
● Finite maximum supply: 100,000,000 $VEGAS
● All tokens will be pre-minted into the token sale contract
● No minting (disallowed by the smart contract)
● Burning can be done by any token holder
Holders of $VEGAS can stake it to earn daily dividends from the casino’s revenue, can put forward proposals for adding new games, changing parameters and rules for the existing games, changing the revenue distribution scheme, and vote with$VEGAS on these proposals. This way all stakers of $VEGAS are active shareholders/owners of the casino.
Circulating supply will be determined after the public sale.
Unsold tokens during the public sale will be burned
Supply allocation
Token sale
28%
Liquidity pools
5%
Airdrop
2%
Team
18%
Partnership and marketing
10%
Advisors & testers
4%
Community pool managed by DAO
23%
Development fund
5%
Liquidity Pools staking rewards
5%
Token utility
$VEGAS is the governance token of the terra.vegas ecosystem.
This token gives you the power to vote proposals.
$VEGAS DAO members are owners of the terra.vegas casino, their job is to ensure the ecosystem is working well, they can control casino configurations and get staking rewards for responsibilities and management.
$VEGAS listing
Token will be available on Dex Terraswap https://terraswap.io/
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