The Clawsome Restructuring of MEOWL's Tokenomics

July 31st, 2023

As our Token Generation Event (TGE) approaches, we are excited to announce a significant restructuring of our Tokenomics. This is designed to bolster revenue sharing for our token holders and promote the sustained growth and vitality of Meowl.

Tokenomics Redesign

The total supply of 15,000,000 MEOWL tokens has been restructured as follows:

43.75% or 6,562,000.00 MEOWL will be paired with ETH to provide liquidity on Uniswap V2.
11.25% or 1,687,500.00 MEOWL tokens are reserved for the Raise contributors.
20.00% or 3,000,000.00 MEOWL will be earmarked to recompense past and future core contributors.
25.00% or 3,750,000.00 MEOWL tokens will be allocated to the Community Treasury.

In a move to enhance revenue for our token holders, we have decided to introduce a buy and sell tax and increase the revenue share:

50% of the fees generated by the platform and 2% of the token trading volume will be converted to ETH and distributed to MEOWL stakers.
1% of the token trading volume will be allocated to bolster the protocol's MEOWL/WETH LP position. Once we exhaust our tokens, this portion will be redirected towards token buybacks.
2% of the token trading volume will be appropriated to fund the project.

Staking Options

MEOWL token holders will have the choice between two staking options:

Stake MEOWL to earn ETH.
Stake MEOWL to earn additional MEOWL through auto-compounding.

Both of these staking options will be available approximately one week following the TGE. Rewards will be distributed throughout the week. To ensure the receipt of your entire weekly reward, you must remain staked for the entire week.

Referral Program

Referrers can earn 10% of the 0.875% fees applied to trades, which will be deducted from the team's portion. In the event that a user trades in a revenue share enabled Guild without a referrer, the Guild Owner will earn this referral fee.