Tokenomics

1. Token Overview

The reward token is Avto ("$AVTO", or the “Token”). The token has a virtually unlimited emissions schedule, but reduces algorithmically per unit of time such that it approximates a max supply.

The Token bestows both governance and profit-sharing privileges to platform users, aka holder, by staking them in a framework of smart contracts (the “Foundry”).

The Token has a modified reflect/deflect feature in the form of a 2% tax on contract interactions. This tax is burned forever, adding a deflationary aspect to the Token.

2. Emissions Schedule

  • Approximated max supply: 21,000,000 tokens

  • Emission schedule expected to follow a sigmoid supply curve such that:

    • y=2z1+exzy = \frac{2*z}{1 + e^{-x}}-z

    • Where:

      • y = circulating supply excluding pre-minted tokens

      • x = years (assuming 360 days a year)

      • z = max supply excluding pre-minted tokens

Annual Supply Curve / Emissions Schedule for Reward Emissions (excl. pre-minted tokens)

x (Year)

y (Tokens)

% of z (max)

Tokens minted

Y-o-y change in emissions

0

0

0.00%

0

n/a

1

5,822,676

46.21%

+5,822,676

n/a

2

9,596,086

76.16%

+3,773,410

-35.19%

3

11,404,868

90.51%

+1,808,782

-52.07%

4

12,146,748

96.40%

+741,880

-58.98%

5

12,431,340

98.66%

+284,593

-61.64%

6

12,537,690

99.51%

+106,350

-62.63%

7

12,577,042

99.82%

+39,352

-63.00%

8

12,591,549

99.93%

+14,508

-63.13%

9

12,596,890

99.98%

+5,341

-63.18%

10

12,598,856

99.99%

+1,966

-63.20%

Emissions follow the supply curve on a daily basis with the assumption of 24 hours in a day, 30 days in a month, and 12 months / 360 days in a year, with the per-block emissions within each 24-hour time span being a linear average.

After 10 years, we set the default case as flat emissions (i.e., +1,966 per year), to be subject to governance voting.

3. Allocations

As the emissions schedule generally approximate a max supply, token allocation is possible on a fully diluted basis. A portion of the Token will be pre-minted and allocated on day 1 while the remainder will be minted according to the emission schedule.

Allocation

% of Max Supply

# of Tokens

Minting Method

Reward Emissions

60%

12,600,000

Emissions schedule

Initial Jetswap Offering ("IJO")

10%

2,100,000

Pre-minted

Treasury

20%

4,200,000

Pre-minted

Team Equity

10%

2,100,000

Pre-minted

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