10. $GATE Tokenomics
The Elevated Gateway Token ($GATE)
$GATE is more than a utility token; it’s the [variable] that powers, governs, and enhances the Elevated Wallet ecosystem. $GATE aims to reward both short-term users and long-term stakeholders. Simply put, it’s engineered to add value at every interaction point within the Elevated network.
The core functionalities of $GATE span three principal domains: economic incentives, governance, and ecosystem engagement.
1. Economic Utility: $GATE serves as the native token for transaction fees within the Elevated Wallet. Users benefit from lower fees the more they engage with the platform, creating a positive feedback loop that enhances liquidity and overall network value. Through its “Earn and Burn” mechanism, a portion of these transaction fees are either redistributed to stakers or burned, reducing the total supply and increasing scarcity.
2. Governance Utility: Holding $GATE is a stake in the future direction of the Elevated Wallet. Token holders have the power to influence everything from product features to governance rules via a decentralized voting system.
3. Stake, Earn, and Participate: The token facilitates a multi-tiered staking model that not only promises periodic rewards but also positions you in the heart of the community, granting access to exclusive features, bonuses, and partner promotions.
Total Supply: 10 billion $GATE tokens
- Presale: 5% (500,000,000 tokens)
- Community Innovation: 5% (500,000,000 tokens)
- Team: 15% (1,500,000,000 tokens)
- Community Incentive: 10% (1,000,000,000 tokens)
- Future Sales: ~31.67% (3,166,666,667 tokens)
- Foundation: ~33.33% (3,333,333,333 tokens)
- Presale: This allocation aims at initial capital formation, creating an initial community of early adopters.
- Community Innovation: Allocated for user-led development, bounties, and supporting projects that enhance the Elevated ecosystem.
- Team: Designated for the project’s development team. Although 15% of tokens are allocated for the team, the majority of these tokens shall remain with the Foundation for distribution at a later date. As Elevated evolves and the development team grows, these reserved tokens shall provide the flexibility and incentive and align new talent with the project’s long-term vision. This approach ensures that the team’s expansion does not disrupt the project’s economic model or dilute the existing token pool, contributing to the stability and sustainable growth of the Elevated ecosystem. All team tokens will be subjected to vesting periods.
- Community Incentive: Designated for staking rewards, airdrops, and other community-led initiatives, reinforcing our user-centric philosophy.
- Future Sales: Provides liquidity for upcoming token sales and strategic partnerships.
- Foundation: Held in cold storage, this allocation serves multiple purposes:
- Operational & Maintenance reserve: to ensure the ongoing operational integrity of the Elevated ecosystem
- Future Development: For research, development, and implementation of new features and functionalities.
- Legal Reserves: Earmarked for legal contingencies
This allocation structure underscores Elevated’s commitment to community-driven innovation and long-term project sustainability.
We are excited to offer you the opportunity to be part of the Elevated ecosystem from the very beginning. The presale for $GATE is a chance to secure your stake in a revolutionary platform that empowers users, enhances financial freedom, and drives innovation. As a visionary and advocate for decentralized empowerment, your participation in the presale aligns your commitment to economic freedom through technology.
TokenAddress:0x1992AC6092A9e1216B6fEe8d3c6ed95A5C1Bb304 Audit Link:
By participating in the presale, you’re not just acquiring tokens; you’re investing in a future where economic empowerment is accessible to all. As a presale participant, you’ll be at the forefront of shaping your Elevated ecosystem, and your contribution will direct the development, growth, and adoption of our innovative platform.
$GATE tokens will be listed on Pancake Swap 90 days after the pre-sale. The Liquidity Pool (LP) will hold 1.2% (120,000,000 tokens), providing a stable foundation for trading activities and supporting the token’s value in the secondary market.