The ETM/P blockchain is intended to serve as the economic foundation for a Web3.0 environment. Its participants will own and control it through a Decentralised Autonomous Organisation (DAO).
The ETM token is intended to act as a payment method as well as a long-term reserve asset for the whole ETM/P ecosystem. It is intended to be a bounded volume, scheduled inflation. It will also be used for DeFi collateral and involvement in future protocol governance.
Total token supply 5,000,000,000
Staking reward 40%
Ecosystem 20%
ETM/P Foundation 10%
Strategic investment 14.4%
Liquidity management 5.6%
Founding team 10%
Once the yearly inflation rate has been determined, our dynamic equilibrium model can be used to calculate and distribute the actual staking reward.
At the start of token circulation, the proportion assigned to the Ecosystem, the ETM Foundation, and Strategic investment will be reduced by 10%. The remaining 90% will be released in 45 months at a linear rate. These tokens will be used to help bootstrap network effects and ensure a diverse and accessible community in the long run. A lockup mechanism has been created, and the dispersed tokens will only become liquid gradually through the use of a smart contract. This is done to ensure:
- The coins are intended to construct a decentralised community with long-term growth.
- to relieve the downward pressure on prices caused by inflation (flatten the curve).
The ETM foundation will handle the liquidity management allotment, which will be released at the start of token circulation. This is especially critical for minimising price volatility caused by wild guesses in the early stages of a project's debut.
The token allotment for the founding team will be locked for 6 months before being issued in a linear fashion over 10 months. ETM/P was created and introduced to the market by a multidisciplinary team. The lockup period is intended to motivate them to align.
About ETM/P
ETM/P is a decentralised blockchain designed to enable everyone to create apps and games.
