🪙Tokenomics

The new token, VDAO, contains almost identical tokenomics to VDB but with the implementation of the small tax mentioned in the previous sections.

• 100,000,000 Total Supply

• 3% "Sales Tax" - VestaDAO will introduce proposals to adjust this, eventually removing, tax.

  • As you read in other sections, we started with no funding. The 3% tax is currently being applied to our liquidity pool on Hercules to create a better trading experience for our community. In the future this tax will serve other purposes. Any changes to what we do with the taxed VDAO will not begin until a proper governance proposal and vote have occurred to ensure the changes are in the best interest of the token holders.

• 0% Buy Tax

• No presale

• No pre-launch team allocation

  • Currently, the VestaDAO team controls roughly 25% of the total supply. This consists of the LP, Treasury and Marketing Wallets. In the very near future we will be setting these, larger project owned wallets, up with multi-signature wallet(s).

Not only will we be proposing changes to how we treat the taxed funds, but we will be introducing a proposal in the future to remove the tax completely.