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🪙STORM Token

Note, that the token itself hasn't been launched yet. This article describes future detail on how the token is going to work.

Meet STORM

STORM is a non-inflationary token of Storm Trade that not only has a limited supply of 1 billion tokens, but also a unique utilities, connecting stakeholders, traders and liquidity providers. It acts as a mechanism of liquidity efficiency which helps us capitalise on our resources and offer the best trading experience - as well as returns for those participating in the ecosystem.

Token Info

  • Token Symbol: STORM

  • Total Supply: 1,000,000,000 STORM

  • Token Type: Non-inflationary

Distribution

  • IDO: 4,2%

  • Community & Ecosystem: 30%

  • Investors: 17,6%

  • Advisors: 5%

  • Liquidity: 10%

  • Team: 15%

  • Airdrop: 3,5%

  • Treasury: 14,4%

STORM Staking

Storm Trade has improved the staking model and balanced the amount of token in the market, preventing liquidity spikes by providing two alternatives:

  • Providing liquidity to the pool on Ston.Fi

  • Staking with token locking on Storm Trade

Liquidity on Ston.Fi helps bring the token into market circulation, while locking the token on Storm Trade takes the token out of circulation. This creates an organic deflationary model of the token.

Liquidity buffering

The buffer is a reserve amount of tokens that will help regulate the revenue of liquidity providers and balance the economic model of the protocol.

  • If the SLP token (Storm Liquidity Provision) falls and the protocol's liquidity capitalisation drops to critical values, the buffer will be used to restore the SLP exchange rate and bring the capitalisation level back to normal values.

  • If SLP rises above certain values, a part of the income will be used to buy back the STORM token (buyback).

IDO and token launch

The launch of the STORM token is coming soon, and we are excited to reveal to you some details about this event:

  • The amount of token for purchase will be ~4% of the total token supply.

  • Market Makers NFT holders will be eligible for an early token purchase.

  • For each NFT, there will be a guaranteed allocation for a certain amount of tokens to buy. The number of NFTs on one wallet is not limited.

  • The token will launch on three lunchpads at once at a fixed price.

  • After the initial sale round for whitelist holders, the opportunity to publicly buy the token will open for everyone.

💎 STORM is not just a token. The heart of the ecosystem.

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