$NUTS Tokenomics & Utility
$NUTS is the native token of Squirrel Wallet, designed to power the ecosystem, reward users, and enable seamless transactions across supported blockchains. With a total supply of 1 billion $NUTS, the token is strategically allocated to ensure long-term growth, user incentives, and ecosystem sustainability.
Token Allocation
- VC Raise (15%) – Allocated to venture capital investors to support early development and ecosystem expansion.
- Pre-Sale (0.866%) – Reserved for early supporters at preferential rates.
- Public Sale (7.5%) – Available for purchase by the public to ensure broad participation in the network.
- Community & Ecosystem (26.634%) – Dedicated to fostering growth, partnerships, and incentivizing user engagement through airdrops, referrals, and promotional campaigns.
- Team & Advisors (20%) – Allocated to founders, core team members, and advisors, ensuring long-term commitment and alignment with the project’s success.
- Staking & Rewards (15%) – Designed to incentivize token holders through staking rewards, providing passive income opportunities for long-term holders.
- Liquidity & Market Making (10%) – Ensuring sufficient liquidity in exchanges and smooth market operations for trading.
- Reserve Fund (5%) – A safety net for future development, strategic partnerships, and unforeseen requirements.
$NUTS Token Utility
- Transaction Gas Subsidies – Users can leverage $NUTS to cover transaction fees, reducing gas costs when interacting with decentralized applications (dApps) and blockchain networks.
- Staking & Passive Rewards – Holders can stake $NUTS to earn rewards over time, benefiting from ecosystem growth.
- Community Incentives – Rewards for referrals, active participation in governance, and engaging in ecosystem activities.
- Governance & Voting – $NUTS holders can participate in governance decisions, shaping the future development of Squirrel Wallet.
- Liquidity Provision – Users can provide liquidity to decentralized exchanges (DEXs) and earn a share of transaction fees.
Redeeming Rewards with $NUTS
Users who participate in staking, referrals, and ecosystem activities will accumulate $NUTS rewards. These can be redeemed for:
- Reduced transaction fees
- Exclusive platform features
- Trading on supported exchanges
- Staking for compounding rewards
Squirrel Wallet’s tokenomics model is built for sustainability, ensuring a fair balance between user incentives and long-term ecosystem growth.
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