📈HANDL Token
Objective
We are launching $HANDL to:
Serve as a unified gas token within the HandlPay ecosystem (e.g. people pay fees in $HANDL while Handl sponsors native gas tokens on different chains).
Incentivize early adoption and build a product-centric community.
Provide access to premium tiers.
Utility
The utility of $HANDL expands as the ecosystem grows. At the beginning, $HANDL is used for the following:
⛽ Gas abstraction
Users can execute transactions across any supported network using only $HANDL in their wallet.
HandlPay purchases $HANDL from the user at open market rates and uses it to by network fees and to subsidize gas fees on the underlying chain on their behalf.
This process removes complexity for the user while introducing net buying pressure for the token.
👑 Access premium tiers
Staking $HANDL in premium pools 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)
privacy add-ons
Economics
The total supply is 1 billion $HANDL with 17% 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 every transaction received by a social media username. The burn rate reduces over time.
Usage incentives
Through an incentive program, people earn points for every payment received to their social media username. These points can be converted to $HANDL at a rate determined based on user activity and tier level.
Buybacks
Regular buy backs to optimise price performance.
Token Distribution
Team & Advisory
68,235,294
12 months cliff, 12 months linear vesting
CEX Liquidity
170,000,000
DEX/CEX Liquidity
Marketing
100,000,000
5% TGE, 12 months linear vesting
Development & Ecosystem
108,618,198
0% TGE, 12 months linear vesting
Seed Round
47,058,824
15% TGE, 9 months linear vesting
Private Round 1
141,176,471
20% TGE, 6 months linear vesting
Private Round 2
90,000,000
20% TGE, 6 months linear vesting
KOL Round
41,522,491
20% TGE, 3 months linear vesting
Public Presale
FDV$3,825,000
33,986,928
20% TGE, 3 months linear vesting
Public Sale (refundable)
FDV$5,015,000
199,401,795
40% TGE, 3 months linear vesting
Total
1,000,000,000
💡Initial Market Cap at TGE = $768,081
Token Sale
Prior to listing of $HANDL, allocations will be offered to the public via launchpads:
Public Pre Sale
TrustSwap (30 Jan), Starter (5 Feb)
33,986,928
$0.0038
Public Sale (refundable)
5 top tier launchpads, announcing soon
199,401,795
$0.0050
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