Supply & Demand

The Simplio Token has a capped maximum supply of 150,000,000 tokens, reflecting a commitment to a sustainable and value-driven ecosystem. Simplio plans to adopt a deflationary monetary policy in the future by reducing the circulating supply, which will increase scarcity and drive demand. This will be achieved by burning a portion of the platform's collected fees. Similar to Ethereum’s model, burning platform fees will foster a more sustainable ecosystem, benefiting all stakeholders and enhancing the utility of the Simplio token.

Every time a gamer makes an action inside the platform (purchase, sell, swap), it generates a small fee in source asset. All the fees from swaps and purchases made in Simplo app will be converted to stablecoin and distributed as follows:

1. Buyback Simplio token from market and burn

2. Buyback Simplio token from market and distributed to Simplio stakeholders

The ratio of distribution is variable based on the volume of total fees each month. The more fees the app created the more is distributed.