SMILE Token

Token Utility and Rewards

• SMILE token serves as the primary reward mechanism within the ecosystem

• Users earn SMILE tokens for activities such as receiving upvotes on their posts or comments

• This encourages active participation and fosters a vibrant, engaged community

• SMILE token can be utilized with the leveling system within the ecosystem

• SMILE tokens can be used to access premium features and functionalities on the platform

• The token holds inherent value and serves as the foundation for various in-platform activities

Tokenomics and Distribution

• A large amount of tokens will be reserved for rewards on the platform

• A large amount of tokens will be out on day one of the launch

• A small portion of SMILE tokens will be allocated to the platform's development fund

• The development fund will cover operational expenses, platform enhancements, and ongoing maintenance

• Transparent token distribution and circulation will be maintained through regular reporting and auditing

• The amount of distribution per epoch is yet to be determined

• The distribution is on a predetermined schedule that drops a fixed 2.5% each epoch

Fair and Sustainable Ecosystem

• Tokenomics and distribution mechanisms are designed to ensure a fair and sustainable ecosystem

• This includes measures to promote long-term token value and platform stability

Upcoming Tokenomics Details

• More detailed information about the SMILE token's tokenomics, including supply, distribution, and utility, will be made available in the near future

• This will provide a comprehensive understanding of the token's role and its impact on the SMILE ecosystem

By integrating the SMILE token as a core component, the platform aims to incentivize user engagement, foster a thriving community, and ensure a fair and sustainable economic model for the overall ecosystem.