Galobank in English

Tokenomics

Tokenomics #

Number of maximum GALOs: 5,000,000,000

Number of total GALOs: 4,750,000,000

Initial supply: 250,000,000

The total supply of GALO (GALO) reaches 5 billion. A total of 200 million GALOs is put into circulation through a private sale process and a public ICO, which will be announced in advance, to finance the process of establishing the bank and launching all its services.

Subsequently, a public pre-sale will be held and 250 million GALOs will be put into circulation.

Distribution of the GALO TOKEN #

Tokens will be distributed as follows:

15% #

ICO AND LAUNCH INCENTIVES

25% #

CAPITAL RESERVE

20,5% #

NETWORK LONG TERM INCENTIVES (STAKING)

20,5% #

ECOSYSTEM GRANTS & CASHBACK

15% #

MARKETING & DEVELOPMENT

4% #

DEVELOPMENT TEAM, ADVISORS AND CONTRIBUTORS

Maximum supply (Genesis) #

5.000.000.000 GALO

tokenomics

GALO adopts an inflationary model for network expansion. We estimate an initial inflation of around 4%, which shall be reduced with the progressive adoption and use of the network.

Liquidity will be increased through validator and staking rewards, as well as through incentive programs to attract more users and developers to the network.

Tokens will not be distributed to citizens, residents or individuals residing in countries or jurisdictions limiting the purchase of tokens. This may include China, the United States or other jurisdictions.

Powered by BetterDocs