The tokenomics of Hilarious Hound ($PHOUND) are designed to create value and sustainability within our ecosystem. Here’s a detailed breakdown:
The total supply of $PHOUND tokens is capped at 1 billion tokens, ensuring scarcity and value appreciation over time.
The token distribution is designed to ensure fair and equitable distribution:
To maintain token value, a burn mechanism is implemented where a percentage of each transaction fee is permanently removed from the supply.
Stake your $PHOUND tokens to earn additional rewards, contributing to network security and receiving a share of transaction fees.
A portion of tokens is allocated to liquidity pools to ensure smooth trading and minimize slippage.
$PHOUND token holders have voting rights to influence the future direction of the project, ensuring a decentralized and community-driven approach.