# POWER

POWER is our platform token, and we will empower the long-term development of PowerSwap through the POWER token.

**POWER is the only DEX platform token with a deflationary model**. When selling POWER tokens, sellers need to pay a 5% sales tax, of which 3% will be burned, and 1% will be used to add liquidity to POWER and The added liquidity is locked forever, and 1% goes into the long-term operation fund of the project.The initial supply of POWER tokens is 1 billion. Assume the daily transaction turnover rate is 10%,

**POWER tokens will be burnt 44.5% after one year, 73.3% after two years, and 89.3% after three years.**Burning will stop when the amount of POWER tokens drops below 10millon.In order to maintain the continuous development of PowerSwap, we will issue an additional 0.2% of the total supply every day to reward liquidity providers and community users after 20% of the total POWER is burned. The rate of additional issuances is halved every 365 days.

**For the first year**

Assuming the turnover rate is 10%. The total supply at the start of the additional issuance will be 800 million, the second day total supply will become 800m*99.7%+800m*0.2%=800m*99.9%, after 365 days, the total supply becomes 800m*0.999^365=

**555m**.**For the second year**

The daily increase in issuance becomes 0.1% of the total supply. The second day total supply will become 555m*99.7%+555m*0.1%=555m*99.8%, after 365 days, the total supply becomes 555m*0.998^365=

**267m**.**For the third year**

The daily increase in issuance becomes 0.05% of the total supply. The second day total supply will become 267m*99.7%+267m*0.05%=267m*99.75%, after 365 days, the total supply becomes 267m*0.9975^365=

**107m**.……

And so on, the total supply of POWER will continue to decrease, and in another 3 years there will be only 10 million remaining.

In addition to burning in transactions, POWER will also be burned in Lottery and IFO. In short, our theme is

**BURNING**.

75million as initial circulation which is 7.5%

100million for Ecological cooperation which is 10%(Lock-up rule: Lock for 3 months then 2 years linear release.)

100million for marketing which is 10%(Lock-up rule: Lock for 3 months then 2 years linear release.)

100million for Venture capital partner which is 10%.

100million for team which is 10%(Lock-up rule:lock the position for 2 years.)

525million for yield farming rewards and early community user airdrops which is 52.5%(It will only be distributed through farming rewards and airdrops, and will not be used for other purposes.)

Last modified 1yr ago