Tokenomics of $SIMON

$SIMON is built with a total supply of 1 billion tokens, strategically allocated to support the platform’s mission of promoting freedom and empowering communities. This token allocation ensures that we can effectively fund product development, incentivize community participation, and maintain stability within the ecosystem.

Total Supply: 1 Billion Tokens

The total supply of $SIMON is set at 1 billion tokens. Of this, 15% is held in the team reserve, providing the necessary resources to drive the project forward, while the remaining 85% are available for trading in the Raydium market, ensuring liquidity and accessibility for all who wish to participate.

Long-Term Supporters and Top Holders

Our top holders are committed to the long-term vision of $SIMON. These dedicated supporters play a crucial role in maintaining the stability and growth of the platform. Their commitment reflects confidence in the project’s mission and the impact $SIMON aims to achieve.

Team Reserve: Use of Tokens (15%)

The team reserve is a critical component of our token allocation, ensuring that the core team has the resources and incentives necessary to drive the project forward. Here’s how the team reserve is allocated:

• Staking & Rewards (4%): A portion of the team reserve is dedicated to the Staking for Good platform. This allocation incentivizes holders to stake their tokens, earning rewards while supporting our mission. It also ensures that the staking mechanism remains robust, encouraging long-term participation and engagement from the community.

• Product Development & Operations (6%): A significant portion of the team reserve is allocated for product development and operational needs. This ensures that the $SIMON platform has the resources to continuously innovate, enhance existing products, and develop new tools that align with our mission of promoting freedom and empowerment.

• Reserve for CEX Listing (2%): Tokens are reserved for future Centralized Exchange (CEX) listings. This allocation ensures that $SIMON can be listed on major exchanges, increasing its accessibility and liquidity, and allowing more users to participate in the ecosystem.

• Marketing & Growth (3%): To build awareness and grow the $SIMON community, a portion of the team reserve is allocated to marketing and growth initiatives. This includes community engagement, partnerships, and promotional activities that help spread the word about $SIMON and attract new users to the platform.