TOKENOMICS
TOKENOMICS VISION
TWAT token initially presents a system to accommodate initial market needs of robustness, control and trust construction alongside infrastructure. In the other hand TWAT is committed to give TWAT citizens increasingly more financial freedom by buy back policy for each Crypto Related Tweet until 50% of Supply. TWAT aim to reach a future where we are considered unnoticeable for most social engagement benefits. They will only be there to protect all citizens in a sound circular economy scheme aligned with community interests.
SINGLE-CHAIN PROTOCOL
The TWAT token will be available on one blockchain. TWAT is on has its own strong points that allows the TWAT ecosystem to thrive on it. TWAT is available on the Binance Smart Chain networks as can be seen in the following table.
Deployed Artifacts
| Network | Contract Address | BuyBack Wallet Address |
|---|---|---|
Binance Smart Chain |
MONETARY POLICIES
The monetary policies committee (MPC) is responsible to coordinate the proper control of the available tokens
Monetary Policies Committee
TWAT has a multi-disciplinary monetary policies committee formed to cover the following key areas of knowledge:
Economy
Blockchain and cryptocurrencies technologies
Community management
Applied math
Automated algorithms
The MPCwill have periodic meetings to safeguard the health of the TWAT ecosystem taking into consideration direct and indirect circular economy concepts whenever feasible.
Features governed by the ‘TWAT’
The following are subject to the control of the MPC:
Market making partners and algorithms
Liquidity providers and their own characteristics
Tokenomics variables update
Smart contracts upgrade-ability
Token burns
MPC Derivatives
Token Burns
TWAT Token has a burn wallet in Binance Smart Chain blockchain. When tokens are sent to the burn wallet, they are taken out of circulation forever, making the circulating tokens more valuable due to an increase in scarcity. TWAT Token is designed to present a deflationary trait by means of its ecosystem dynamics, as opposed to traditional government backed fiat-currencies, it is expected to become more valuable as time goes by due to, among many other reasons, scheduled token burns. The schedule of token burns and the number of tokens burned at each transaction are going to be made available to the community by the TWAT. Burn address: 0x000000000000000000000000000000000000dEaD
TWAT TOKEN MARKET
The initial plan for the token launch is to issue it on PancakeSwap, Once TWAT have successfully launched on the decentralised exchanges (DEX’s) it will aim to be listed on both CoinGecko (CG) and CoinMarketCap (CMC). This will allow TWAT to have a much greater reach in the crypto community and enable the creation of the TWAT nation faster. TWAT is obtaining Legal Opinions from multiple regions to guarantee listings on multiple exchanges. The Legal Opinions we are looking to generate are initially from the United Kingdom, USA, Liechtenstein, Singapore, Malta and Gibraltar. To create the volume needed to be listed on CG and CMC TWAT need to generate, in the first day, between $30,000 and $50,000 in token sales. To get listed on the Tier 3 exchanges TWAT will need to reach a daily trade volume of between $100,000 - $500,000. To get listed on the Tier 2 and Tier 1 exchanges TWAT will need to reach a daily trading volume over $5,000,000.
Token Allocation
The token allocation is made with the shares present in the following table:
| Description | Shares % |
|---|---|
Supply | 1,000,000,000,000 ( 1 TRILLION ) |
Burn at TGE | 50% |
Private Sale | 2% |
Team Tokens | 10% |
Allocated to Dev | 5% |
Liquidity Pool | 20% |
Marketing Team | 5 |
Advisors | 4% |
Airdrop | 2% |
Treasury | 1% |
Charity | 1% |
TweetElon employs 3 simple functions: HyperBurn + LP acquisition + Outreach. In each trade, the transaction is charged a 11% fee, which is split 3 ways.
Goes directly to the BUYBACK WALLET which is automatically activated every time Elon Musk Tweets.
Our system will initiate a 6.9% burn of the $TWAT token every time the Elon Musk Tweet related to Crypto memes.
The total 50% of the $TWAT token will be BURNED gradually.
$TWAT the official token of the TweetElon community.
FEES SYSTEM
On every buy and sell transaction within the TWAT token ecosystem, fees are deducted in the best interest of the community as a whole. TWAT token fees were designed to cover 5 different purposes set out below:
Payment of the implicit cost of the reflection feature. It is responsible to use it for Development.
Payment of LP acquisition costs;
Payment for BuyBack .
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