Tokenomics
Last updated
Last updated
CryptoHealth, as a project, is not only limited to providing medical insurance, but in the long term, is committed to providing accessible and innovative solutions for global health and aims to make crypto adoption accessible to the general public. By holding CryptoHealth tokens, investors become part of a global community committed to improving health outcomes for all, while also benefiting from our unique blend of tokenomics and utilities.
The CryptoHealth token has a total supply of 1,000,000,000 $CHT tokens. Supply is finite, and the smart contract has no mint function. The token's tokenomics are designed to support long-term growth and sustainability of the Project. There are no team or marketing tokens, and the supply is divided as follows:
Liquidity - 700,000,000 (70%)
70% of the supply was used to generate the initial liquidity. Tokens were paired with 1 BNB, and the resulting were . Additional LP was added, and also burned, during the first week of the project, and more will be generated and burned in the future as funds for development become available.
Initial Burn - 150,000,000 (15%)
15% of the supply was at launch. The dead wallet makes the circulating supply deflationary, since the said address will receive $CHT tokens with each sell. A deflationary supply makes holding $CHT more rewarding, since the number of holders who will be able to avail the maximum reimbursement policy (to be discussed further in the succeeding sections) decreases overtime.
Centralized Exchange Tokens - 100,000,000 (10%)
10% of the supply, allotted for future listings with Centralized Exchanges (CEX), were . These tokens have a vested unlock period, but the lock will be continuously renewed until the token value appreciates high enough to make listing in most CEX worth the listing fee required. To be clear, most volume in CEX at the moment are from market makers, and fees required for listing will be better spent building the LP in the Decentralized Exchange (DEX) side, since the medical insurance utility will only be applicable for tokens held on-chain.
Cross Chain Liquidity - 50,000,000 (5%)
5% of the supply, allotted for generation of Cross Chain Liquidity in the future, were locked . These tokens have a vested unlock period, but the lock will be continuously renewed until we have expanded and launched the Smart Contracts for other blockchains. Multi chain expansion will be discussed further in the suceeding sections.