Tokenomics
JarJar Protocol utilizes a dual-token system consisting of $BINKS and $JARJAR. This structure is designed to provide early supporters with benefits while ensuring a fair launch for the main token.
$BINKS Token
$BINKS serves as the pre-market token for the JarJar Protocol.
Key Details:
Total Supply: 100 million (100,000,000) $BINKS
Represents 10% of the total $JARJAR supply
Currently tradable
Distribution:
90% - Launched (Public Distribution)
10% - Team Allocation
$JARJAR Token
$JARJAR is the main token of the JarJar Protocol.
Key Details:
Total Supply: 1 billion (1,000,000,000) $JARJAR
Distribution:
50% - Fair Launch
30% - Liquidity Pool
10% - Airdrop
10% - Team Allocation
Token Swap Mechanism
At the time of the $JARJAR launch, $BINKS holders will be able to swap their tokens for $JARJAR at a 1:1 ratio. This means:
1 $BINKS = 1 $JARJAR
Protections for $BINKS Holders
To protect the interests of $BINKS holders, the following measures will be implemented:
The fair launch of $JARJAR will be scheduled in different batch dimishing the dilution of $BINKS holders
$BINKS holders will be elligible to airdrop and a lot more to reward them for their earlyness
Launch Strategy
$BINKS Pre-market Phase:
Allows early supporters to acquire tokens
Provides liquidity and trading opportunities before the main launch
$JARJAR Launch:
Fair launch for 50% of the supply in multiple batch
Airdrop to qualified participants
Opening of liquidity pools
$BINKS to $JARJAR Swap:
Enables $BINKS holders to convert to $JARJAR at a 1:1 ratio
Token Utility and Ecosystem Integration
Both $BINKS and $JARJAR are utility tokens that play crucial roles within the JarJar Protocol ecosystem:
JarJar Scheduler:
Tokens are mandatory for using the already launched JarJar Scheduler.
Users must hold tokens to access and interact with the decentralized scheduling features.
Execution Layer:
Tokens will be required to utilize the off-chain execution layer.
This includes accessing the ability to run unconstrained executables and leverage GPU resources for AI inference.
Future Products:
All products released by JarJar Protocol will integrate token utility.
Holding tokens will be necessary to access and fully benefit from new features and services as they are released.
By integrating token utility across all aspects of the protocol, JarJar ensures that token holders have access to the full range of services and maintains a strong connection between the protocol's growth and token value.
Future Considerations
The JarJar Protocol team is committed to maintaining a healthy token economy. We will continuously monitor and may propose adjustments to the tokenomics model to ensure long-term sustainability and value for all token holders.
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