🪙Looter Token

The Looter token is a fundamental part of Looter's user ecosystem, it has been designed and distributed in a way for the long term growth and sustainability of the project.

Official Token Address: 0x000000000a1c6659ac226dBB1C5BDC648DF72E9e

Tokenomics

Totaling 100,000,000 in supply, the initial circulating supply is 27%, with a market cap of ~$200K. Treasury unlocks will be used for community and user incentives with any unused tokens relocked or burned.

	Supply Allocation	Vesting
Presale	15%	No vesting, 0.2% per allocation
Team	10%	1 Year cliff, 3 year linear
Liquidity	7.5%	Initial 2 year lock
Treasury	61.5%	2% Unlocked monthly, unused tokens will be relocked or burned, revenue share disabled
Advisors	2%	0.5% at TGE, 1.5% linear for 11 months
Airdrop	4%	No vesting

Incentivization

By holding the $Looter token, holders gain access to 40% of the project's revenue, distributed dependent on your held amount of tokens.

Further incentives include unique burn mechanics for various tool upgrades, however the base mechanics of our tools will always be accessible to everyone. The more useful, sought after and exciting upgrades we can create, the more tokens are burned by users.

🔥 BuyBack and Burn

The $LOOTER token currently consists of a buyback and burn revenue share model. Currently, 40% of the projects revenue is allocated for purchasing the $LOOTER token on the open market and burning these tokens completely. By removing tokens from circulation, the total supply decreases. This massively contributes to maintaining and increasing the value of each token as there will be less tradable tokens on the open market.

Weekly Progress Updates with revenue and buyback information can be found in our Announcements Telegram channel every Friday! Join our News channel here! 🕹