Supply & Demand
The Simplio Token is capped at a maximum supply of 150,000,000 tokens, demonstrating the commitment to a sustainable and value-centric ecosystem. Simplio plans to implement deflationary monetary policy in the future by reducing market supply, which will increase scarcity, and raise demand. Simplio can make this happen by burning a part of collected fees. Burning platform fees will create a sustainable ecosystem similar to Ethereum, will be beneficial for all stakeholders and support the utility of 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:
Buyback Simplio token from market and burn
Buyback Simplio token from market and distributed to Simplio stakeholders
Buyback Simplio token from market and distributed to Game developers
Company revenue
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.
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