Tokenomics

SphereX will issue its native token, $HERE, following the Token Generation Event (TGE), with a total supply of 900 million tokens. The token distribution is thoughtfully designed to ensure the platform’s long-term development and sustainability. The specific allocation is as follows:

• 4% - Private Sale Investors: Allocated to early investors who supported the development of SphereX. These tokens will be subject to a vesting period and linear release schedule to minimize market volatility.

• 3% - Advisors: Reserved for the advisory team, who provide strategic guidance and support. Vesting periods will align advisors' interests with the platform’s long-term goals.

• 1% - Key Opinion Leaders (KOLs): Tokens allocated to key influencers to incentivize the promotion of SphereX, expanding the platform’s user base.

• 0.5% - IDO: A portion of tokens will be distributed through an Initial DEX Offering (IDO), allowing early community members to participate while enhancing market liquidity and activity.

• 18% - Team: Reserved for the team, with vesting periods and a linear release schedule to ensure long-term alignment with the project’s growth.

• 31% - Treasury: Held in the SphereX Treasury as reserve funds for long-term development, market expansion, technical research, and other ecosystem initiatives.

• 42.5% - Community Rewards: Dedicated to rewarding community contributors through liquidity mining, staking rewards, and other ecosystem engagement incentives to foster platform activity and user participation.

This token distribution is designed to promote long-term sustainability while ensuring token liquidity and value stability, offering ample opportunities for community engagement and rewards.