GrepCoin Tokenomics

GREP Token Economics

Token Overview

Property	Value
Name	GrepCoin
Symbol	GREP
Total Supply	500,000,000
Decimals	18
Network	Base (Ethereum L2)
Standard	ERC-20
Type	Deflationary (Fixed Supply)

Distribution

            GREP Token Distribution (500M Total)
┌────────────────────────────────────────────────────────┐
│                                                        │
│  ████████████████████████████████████████  40%        │
│  Ecosystem & Rewards (200M)                           │
│                                                        │
│  ████████████████████  20%                            │
│  Liquidity Pool (100M)                                │
│                                                        │
│  ███████████████  15%                                 │
│  Team & Founders (75M) - 4 year vest                  │
│                                                        │
│  ███████████████  15%                                 │
│  Treasury (75M)                                       │
│                                                        │
│  ██████████  10%                                      │
│  Early Supporters (50M)                               │
│                                                        │
└────────────────────────────────────────────────────────┘

Allocation Details

Allocation	Tokens	%	Vesting
Ecosystem & Rewards	200,000,000	40%	Released over 4 years
Liquidity Pool	100,000,000	20%	Immediately for DEX
Team & Founders	75,000,000	15%	1-year cliff, 3-year vest
Treasury	75,000,000	15%	Governance controlled
Early Supporters	50,000,000	10%	6-month vest

Deflationary Model

Unlike inflationary GameFi tokens, GREP uses a fixed supply with multiple burn mechanisms.

Burn Sources

Source	Burn Rate	Est. Annual Burn
Marketplace Fees	2.5% of volume	Variable
Tournament Entries	10% of pool	~1M GREP
Achievement Mints	10 GREP each	~500K GREP
Guild Creation	500 GREP each	~250K GREP
Evolution Votes	100% of votes	Variable

Burn Targets

Year	Target Cumulative Burn	Remaining Supply
1	10M (2%)	490M
2	30M (6%)	470M
3	60M (12%)	440M
5	100M (20%)	400M

Maximum burn cap: 100M tokens (20% of supply)

Real Yield Staking

Staking rewards come from platform revenue, NOT from minting new tokens.

Revenue Sources for Staking Pool

Marketplace Fees: 50% of 2.5% fee → staking pool
Tournament Revenue: Entry fees after burns
Premium Features: Subscription revenue
Treasury Allocation: Governance-approved distributions

Staking Tiers

Tier	Min Stake	Lock Period	Reward Weight	Bonus Plays
Basic	100 GREP	None	1.0x	2/day
Silver	1,000 GREP	7 days	1.25x	5/day
Gold	5,000 GREP	30 days	1.5x	10/day
Diamond	25,000 GREP	90 days	2.0x	20/day

Reward Distribution

Platform Revenue
       │
       ▼
┌──────────────────┐
│  Revenue Pool    │
└────────┬─────────┘
         │
    ┌────┴────┐
    ▼         ▼
 50%       50%
Burns    Staking
         Rewards
            │
            ▼
   ┌─────────────────┐
   │ Weighted by:    │
   │ • Stake amount  │
   │ • Tier weight   │
   │ • Time staked   │
   └─────────────────┘

Token Utility

1. Play-to-Earn

Earn GREP for game scores
Higher stakes = higher multipliers
Daily challenges for bonus rewards

2. Staking

Lock tokens for real yield
Unlock tier benefits
Governance voting power

3. Governance

Vote on platform evolution
Propose new features
Allocate treasury funds

4. NFT Minting

Burn 10 GREP per achievement NFT
Soulbound badges (non-transferable)
On-chain proof of accomplishment

5. Marketplace

Trade in-game items
2.5% fee (half burned, half to stakers)
Creator royalties supported

6. Premium Access

Exclusive games for stakers
Early access to features
Enhanced daily rewards

Anti-Whale Protections

Built into the token contract:

Protection	Limit
Max Wallet	2% of supply (10M GREP)
Max Transaction	0.5% of supply (2.5M GREP)
Exempt	DEX pools, Staking contracts

Vesting Schedules

Team & Founders (75M)

Month 0-12: Cliff (0% released)
Month 12-48: Linear vest (2.08%/month)

Early Supporters (50M)

Month 0: 20% TGE
Month 1-6: 13.33%/month linear

Treasury (75M)

Governance controlled
Proposals require:
- 100,000 GREP stake
- 10% quorum
- 66% approval
- 48-hour timelock

Contract Addresses

Base Sepolia (Testnet)

Base Mainnet

Economic Security

No Inflation

500M fixed supply
No mint functions (except initial deployment)
All rewards from existing allocation

Burn Permanence

Burned tokens are gone forever
Burn events emitted on-chain
Total burned tracked in contract

Audit Status

Smart contracts: Pending audit
Will be audited before mainnet
Bug bounty program planned

Last updated: December 2024