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πŸ“ˆ$HANDL Token

1. Utility

The utility of $HANDL expands as the ecosystem grows. At the beginning, $HANDL is used for the following:

Utility
Description

β›½ Gas abstraction

Users can execute transactions across any supported network using only $HANDL in their wallet. This includes cross-chain, and in the coming months off-ramps too.

πŸ‘‘ Access premium tiers

Staking or holding a min balance of $HANDL provides access to exclusive features, such as

  • set up inbound rules (e.g. auto-convert all incoming payments to USDC, convert X% to BTC, etc.)

  • eligibility for airdrops of new tokens added to the network

  • customizable payment pages (e.g. branded)

2. Tokenonomics

The total supply is 1 billion $HANDL with 15% allocated to liquidity. The token has been designed to sustain a steady value appreciation and to incentivise adoption through the following mechanisms:

Diminishing supply

$HANDL will be burnt for transactions received by social media usernames, WhatsApp numbers, and email addresses. Burns will be publicly announced, rate reduces over time.

Usage incentives

Through an incentive program, people earn points for every payment received to their social media username and other activities providing value add to the growth of the ecosystem. Periodic reward distributions are allocated based on the points earned over time.

Buybacks

Regular buy backs to optimise price performance.

3. Token Distribution

Allocation
Total $HANDL
Release Schedule

Team & Advisory

68,235,294

12 months cliff, 12 months linear vesting

Exchanges

150,000,000

DEX/CEX Liquidity

Marketing

200,000,000

5% TGE, 12 months linear vesting

Development & Ecosystem

270,653,831

0% TGE, 12 months linear vesting

Seed Round

47,058,824

5% TGE, 9 months linear vesting

Private Round

200,000,000

10% TGE, 6 months linear vesting

KOL Round FDV$3,6m

13,840,830

20% TGE, 3 months linear vesting

Public Presale FDV$3,8m

35,211,221

20% TGE, 3 months linear vesting

Public Sale FDV$6,0m

15,000,000

35% TGE, 3 months linear vesting

Total

1,000,000,000

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