# LOOTER Token

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## ✍️ Contract Address

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$LOOTER Token Address: 0x000000000a1c6659ac226dBB1C5BDC648DF72E9e
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The $LOOTER token is a fundamental part of Looter's user ecosystem. It has been designed and distributed to ensure the **long-term growth and sustainability of the project**. By holding $LOOTER, users gain access to a range of benefits, **including revenue sharing, exclusive incentives, and participation in project decisions.**

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## 💎 Token Revenue Share

By holding the $LOOTER token, you unlock access to **40% of the project's total revenue**, which is distributed proportionally in $ETH based on the number of tokens you hold. To qualify for this revenue share, you must hold a minimum of **50,000 $LOOTER tokens**.

Revenue calculations occur **every three hours**, determining eligibility and distributing funds accordingly. Revenue share can currently be claimed in $ETH on the Ethereum blockchain, and **we cover gas fees**! You can claim your share once per day, with a **minimum claim amount of $100.** 

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## 💰 Earnings Calculation 

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To calculate your estimated earnings from $LOOTER revenue share, follow the steps below:
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Determine the percentage of eligible supply you hold for revenue share:

```iecst
(Token Holding Amount  / Eligible Token Amount) x 100
```

Estimate your earnings using your calculated holding percentage and revshare pot total:

```iecst
(Revenue Share x % of Eligible Tokens) / 100
```

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Visit [app.looter.ai](https://app.looter.ai) to check your revenue share eligibility and claim! 💰 
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For those looking to stay updated on our metrics and performance, Dune provides an in-depth look on Looter's revenue data and volume count. Here, you can track real-time trading volume, revenue figures, and many other important statistics that showcase the growth of Looter's ecosystem.

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Visit [dune.com/whale\_hunter/looter](https://dune.com/whale_hunter/looter) to view statistics, such as volume & user count 📈 
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## 🪙 Looter Tokenomics

<table data-full-width="true"><thead><tr><th width="140"> </th><th width="166">Supply Allocation</th><th>Vesting</th></tr></thead><tbody><tr><td>Presale</td><td>15%</td><td>No Vesting, 0.2% Per Allocation</td></tr><tr><td>Team</td><td>10%</td><td>1 Year Cliff, 3 Year Linear </td></tr><tr><td>Liquidity</td><td>7.5%</td><td>Initial 2 Year Lock</td></tr><tr><td>Treasury</td><td>37.84%</td><td>2% Unlocked Monthly <br>Unused Tokens to be Relocked or Burned</td></tr><tr><td>Burned</td><td>32.76%</td><td></td></tr><tr><td>Advisors</td><td>2%</td><td>0.5% at TGE, 1.5% Linear for 11 months </td></tr><tr><td>Airdrop</td><td>4%</td><td>No Vesting</td></tr></tbody></table>

The total supply of $LOOTER is capped at **100,000,000**. Initially, 27% of this supply will be in circulation, corresponding to a market cap of **approximately \~$200,000**. Treasury unlocks will be strategically utilised for community and user incentives, with any **unused tokens either being relocked or burned** to maintain supply control.

## 🔥 Burnt Token Supply

<figure><img src="https://2082292198-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FzeZWAjs1jwpCy65AlCne%2Fuploads%2FQqypGsYrkqEdUbJi019X%2Ftg_image_1663280654.png?alt=media&#x26;token=17b0f903-bb37-4c5b-a944-6582d4e3cd5b" alt=""><figcaption><p>$LOOTER Token's Holders Page</p></figcaption></figure>

Previously, our revenue share model for $LOOTER token holders was based on a buyback and burn mechanism. This approach aimed to **increase the token’s value by reducing the overall supply**. Through this initiative, we successfully burned **7.79% of the total $LOOTER supply** and an impressive **28.9% of the circulating supply**. However, in response to holder feedback, we have transitioned to a traditional revenue share model. \
\
After transitioning to the new revenue share model, a **substantial amount of $LOOTER** has continued to be burnt thanks to **various incentives and recommendations** from our $LOOTER Whales! 🐳 \
\
Below is a table showcasing the **$LOOTER token burns and the origin of the burnt tokens**, our current total burn amount is **34.76%** of the $LOOTER supply! 🔥&#x20;

<table data-full-width="true"><thead><tr><th>Burn Amount </th><th>Origin</th></tr></thead><tbody><tr><td>7.79% of $LOOTER</td><td>Buy Back &#x26; Burn Revenue Share Model </td></tr><tr><td>24.97% of $LOOTER</td><td>Burnt from $LOOTER Treasury </td></tr><tr><td><strong>Total: 32.76% $LOOTER</strong> </td><td><strong>Total: 32.76% $LOOTER</strong> </td></tr></tbody></table>

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## 🏦 Treasury Wallets

<figure><img src="https://2082292198-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FzeZWAjs1jwpCy65AlCne%2Fuploads%2Fl8nOk9PG5TRcTTeCFRdW%2Ftg_image_2434137308.png?alt=media&#x26;token=dfb4c024-1b95-4506-a230-caffc63cbd8c" alt=""><figcaption></figcaption></figure>

<figure><img src="https://2082292198-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FzeZWAjs1jwpCy65AlCne%2Fuploads%2F16h6SOiFbuWMb1XDxVRk%2Ftg_image_2597221777.png?alt=media&#x26;token=68b7b4ff-59e1-4541-a0ea-738ba9d3c5c4" alt=""><figcaption><p>$LOOTER Token's Holders Page</p></figcaption></figure>

Aligned with the $LOOTER tokenomics above, Treasury wallets are tagged on [Etherscan](https://etherscan.io/token/0x000000000a1c6659ac226dbb1c5bdc648df72e9e#balances) to ensure transparency.&#x20;

To further ensure the stability of the $LOOTER token, any **unused/unlocked tokens will either be relocked or burned**. This approach helps maintain a controlled supply, supporting price stability and addressing holder concerns effectively.

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## 🐳 Looter Whales

For our $LOOTER Whales, those with **over 200,000 $LOOTER** tokens are granted exclusive access to our whale chat on Telegram! This chat offers a host of benefits, including regular detailed updates on project statistics, ensuring you stay informed about every development we make!&#x20;

In addition, you'll receive close support from our core team members, giving you direct lines of communication for any questions or insights regarding the project. As a $LOOTER whale, you'll have the opportunity to **actively participate in key project decisions**, provide input on updates and our development pipeline, as well as **help shape the core values and future direction of LOOTER!**

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Join the $LOOTER Whale Chat here! <https://guild.xyz/looter-whales> 🐳&#x20;
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