Everything You Need to Know About VNLA
The Vanilla Network is a deflationary ERC-20 token-based decentralized platform created for betting enthusiasts. The primary motive of the platform is to develop easy-to-understand and simplified dApps that appeal to betting enthusiasts. The deal-cracker is the rewards offered to players for their long-term participation with the platform.
Voila! VNLA Token
In the previous post, we gave you a slight hint of what VNLA is! The Vanilla token or VNLA is a deflationary token with 5% transactional cost as source value where 2.5% of this cost is returned to stakeholders in the vanilla staking pool. The same burn rate holds while buying, staking, and selling on any of our dApps at Vanilla Network.
VNLA: Must Know Token Economics
Unlike other tokens, VNLA is a serious project with well-regulated and planned economics driving the complete platform. The designed fundamentals make the best possible use of true randomization features in Blockchain technology to create revolutionary dApps, with the community being the beneficiary.
As stated earlier, The Vanilla Network is more focused on generating demand. This shall ensure that investors are generating an ample amount of return on their investments.
The VNLA Specifications are as following:
- Token Name: Vanilla Network
- Token Standard: ERC-20
- Starting Supply: 1,000,000
- End Supply: 100,000 (on burn completion)
- Token contract address: 0xb97faf860045483e0c7f08c56acb31333084a988
Token Distribution at The Vanilla Network
The Vanilla network has planned to release 45% of the token during the presale. The 20% of the total supply shall be distributed among team personnel and used for marketing purposes. The community pool also called Vanilla Community Fund shall hold 15% of the tokens. 20% of tokens shall be reserved for uniswap.
Interestingly, the real deal behind providing large liquidity on Uniswap shall help the network build confidence among liquidity providers and traders to efficiently trade our token.
Visit https://vanilla.network/ to know more!
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