π$HANDL Token
1. Utility
The utility of $HANDL expands as the ecosystem grows. At the beginning, $HANDL is used for the following:
β½ 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.
π 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
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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