Stobox tokenomics is based on the principles of demand and supply of Stobox cryptocurrency. Limited supply is based on POS mining activities, whereas organic demand is generated by an increasing number of Stobox users and the exponential growth of the industry in general. In the tokenomics calculations, we’ve utilized industry best practices and made projections based on the company’s KPIs and target goals.
Find the detailed STBU Tokenomics 3.0 in the document.
Even though Stobox is actively developing a series of products, main utilities from Stobox cryptocurrency are focused in the following areas:
Stobox Crypto Exchange (CEX)
- STBU is utilized as a native token providing discounts on crypto trading fees;
- Depositing a certain amount of STBU unlocks additional benefits and privileges.
Stobox Progress Chain (SPC)
- Proof of Stake EVM-compatible blockchain, where STBU is required to run the Node.
Stobox Tokenomics 3.0 calculations are based on the assumptions of the demand for the mentioned activities.
Important
The tokenomics already includes the upcoming burn of 90m of STBU on both chains: Ethereum and BSC.
The Total Supply of Stobox Token is 100,000,000 STBU, from which 55m are in circulation. From the circulation amount 28m are on the DEXs and CEXs. 45m is controlled and reserved by Stobox. Stobox uses these funds for business activities including marketing, promotions, listing activities, etc.
Upon Progress Mainnet launch there will be 50m STBU coins premined. These coins are not for sale! Each STBU holder may swap STBU Token to STBU Coin on the bridge that will be available. The cryptocurrency that resides on the bridge is being locked and does not affect the circulation.
Even though the Total Supply is set to 100m STBU, it’s being affected by 2 factors: burn and mining.
30% STBU tokens which were utilized on the exchange will be burned, therefore decreasing the amount of cryptocurrency in the circulation. The projected burn figures are included in the tokenomics. On the other hand, POS miners mine STBU as rewards for processing transactions on the Progress Chain. Even though the volume of mining may seem minimal in the short run, the figures show that the demand overtakes supply in the long run, making mining activity extremely profitable.
Progress Chain calculations are based on the technical capabilities of the blockchain and the rate of its load. Stobox Progress Chain is mostly focused on regulated activities with tokenized securities and security tokens. The launch of the Mainnet is scheduled for March 2022.
Finally, Tokenomics 3.0 takes into account the most important factors of demand and supply, however, we’ve decided to exclude market speculations from the main calculations. Most crypto users are aware that hype may generate more demand for STBU than organics. Therefore, we’ve included the potential price and market cap of Stobox cryptocurrency in both optimistic and pessimistic scenarios.
Find the detailed STBU Tokenomics 3.0 in the document.
DYOR
