Tokenomics
Last updated
Last updated
https://bscscan.com/token/0x5DE56c867692277fAaF6756D6d30Eba2086E948E
There were 100,000,000,000 BYAS at Genesis. (100 BILLION)
There is a 3% FEE on every transaction, including transfers. This fee is set and autonomously distributes the correct tokens to all of the wallets involved within the network. This programmability is what sets BYAS apart from every other crypto.
94% of tokens are locked in long term contracts and can only be mined by participating in the network.
The 3% FEE breaks down as follows:
1% is BURNED
1% TO CHARITY
1% TO HOLDERS
The more BYAS you have, the bigger the piece of the network you own.
1 billion BYAS has been set aside for the founding Devs. Only 4%
Satoshi set aside 5% of the Bitcoin network
96 BILLION for the COMMUNITY.
All BYAS will be distributed within 4 years.
BYAS will continue distributing fees as long as there is network activity, even for 100s of years.
All BYAS will not be kept in the same contract. It will be locked across various contracts. As we Build for BYAS we will need to put BYAS in those respective contracts so the community can participate.