Tokenomics Summary
Last updated
Last updated
Full version Tokenomics is .
The Favrr token ($FAVRR) is an ERC-20 token deployed on the Base blockchain. The Base blockchain offers advanced scalability, enhanced security, and robust support from the broader blockchain community, ensuring a sustainable and future-proof ecosystem for Favrr.
The $FAVRR token, alongside ERC-1155 fractional celebrity 'FAVE stocks' NFTs—representing people, ideas, or objects—and ERC-721 collectible NFTs, forms the core of the Favrr platform, enabling seamless transactions, rewards, and community engagement.
Total Supply: 10 billion $FAVRR tokens
Deflationary Mechanism: Burn policy to reduce supply over time
Distribution:
Reward Pool: 20%
Team: 16%
Ecosystem: 15%
Marketing: 13%
Foundation: 10%
OTC, including Launchpads: 7%
Liquidity: 3%
Airdrop: 3%
Advisors: 3%
For a detailed breakdown of our tokenomics, please refer to the .