Tokenomics

Discover the tokenomics of Candy Coin's native coin, $WCANDY. Learn how the total supply is allocated across presale, team, staking rewards, and more to ensure a sustainable ecosystem.

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1. Introduction

Candy Coin is not your average blockchain; it's a community-oriented space where creators and developers come together to build meme coins, tokens, and decentralized applications that are as fun as they are functional. With Layer 2 EVM compatibility, Candy Coin offers a cost-effective and highly efficient solution for developers looking to leverage blockchain technology for their projects.

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2. What is Candy Coin?

Candy Coin is a Layer 2 EVM-compatible blockchain, designed specifically to be a haven for meme coin developers and creators alike. Our focus is to enable projects that inspire, entertain, and create value through community involvement. The Candy Coin ecosystem provides the tools, resources, and community needed to bring your blockchain project to life, with fun and creativity at its core.

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3. $WCANDY Token

3.1 Tokenomics

  • Ticker: $WCANDY

  • Token Type: Native

  • Utility: Used for transactions, staking, and governance on the Candy Coin blockchain.

  • Total Supply: 1,000,000,000 $WCANDY

3.2 Token Distribution

The tokenomics of $WCANDY are designed to ensure a balanced and sustainable ecosystem for all stakeholders. The distribution is as follows:

  • 50% Marketing: For brand promotion and user acquisition.

  • 10% CEX Liquidity: To provide liquidity on centralized exchanges.

  • 15% Community Rewards: Incentivizing the community for their engagement and contributions.

  • 15% Team: Sweet Candy Team Reward for Building Such an Amazing Infrastructure.

  • 10% DEX Liquidity: To provide liquidity on decentralized exchanges.

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4. Technology Stack

  • Layer 2 EVM Compatibility: Seamless integration with Ethereum, enabling easy porting of existing dApps.

  • High Throughput: Capable of handling a large number of transactions efficiently.

  • Scalability: Designed to scale as the community grows.

  • Security: Military-grade encryption and multi-signature authentication.

Smart Contracts:

  • Ethereum: Etherscan

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5. Community and Governance

Candy Coin is community-driven. We believe in decentralization and democratic governance, achieved through the utility of the $WCANDY token for governance proposals and voting.

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6. Conclusion

Candy Coin is more than a blockchain; it's a movement. With $WCANDY, we are not just building a token or a blockchain; we are creating a community where every meme coin developer and creator can turn their fun, quirky, and creative ideas into reality.

Join us in our mission to make blockchain a more fun and creative space for all.

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For further inquiries, please contact us at press@candycoin.net

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