🪙Tokenomics
Last updated
Last updated
As an integral part of the Port AI ecosystem, the Port AI token ($PORTAI) plays a pivotal role in facilitating various functions and operations within the platform. Designed to provide utility, governance, and incentives, the Port AI token operates on the Ethereum network with a set of defined parameters to ensure transparency, security, and efficiency.
Token Name: Port AI
Symbol: $PORTAI
Network: Ethereum
Decimals: 18
Token Supply: 1,000,000 $PORTAI
The Port AI token ($PORTAI) serves multiple functions within the Port AI ecosystem, including but not limited to:
Transaction Fee: A percentage of each transaction conducted within the Port AI platform incurs a fee of 5%, contributing to the sustainability and development of the ecosystem.
Governance: Token holders have the opportunity to participate in governance decisions related to the future development and direction of the Port AI platform, ensuring community involvement and decentralization.
Incentives: Port AI tokens may be utilized to incentivize active participation, engagement, and contributions from users within the ecosystem, fostering a vibrant and collaborative community.
To enhance trust and stability within the Port AI ecosystem, a liquidity lock mechanism is implemented to safeguard liquidity reserves and prevent manipulation. Liquidity provided by Port AI tokens is locked for a period of 1 year, ensuring that sufficient liquidity remains available to support trading activities and ecosystem growth over time.