$SCRB Token Flywheel Mechanism
Overview
The $SCRB token is integrated into a simple yet robust flywheel mechanism designed to sustain and enhance the Socialcrab ecosystem. This model ensures that revenue streams are reinvested strategically to promote growth, development, and long-term value, all while maintaining transparency for the community.
Revenue Distribution from Believe Market
Revenue generated from the Believe market platform is split as follows:
- 70% is allocated to the development team to support ongoing operations, innovation, and ecosystem expansion.
- 30% is directed towards a buyback program for the $SCRB token, reducing circulating supply and enhancing token value.
Transparency and Accountability
- All buyback transactions are recorded and made openly available to the public, providing a verifiable transaction history.
- This open-book approach reinforces trust and accountability within the Socialcrab community.
Purpose and Simplicity
The flywheel's design is deliberately straightforward, focusing on reinvesting revenue to support the ecosystem's development and strengthen the $SCRB token's price and long-term total value locked (TVL).
By prioritizing ecosystem growth and transparency, the mechanism aims to create a sustainable and thriving environment for all stakeholders.
Key Benefits
- Sustainable ecosystem growth through strategic revenue reinvestment
- Token value enhancement through buyback programs
- Complete transparency in fund allocation and usage
- Long-term value creation for all stakeholders
Revenue Distribution from Socialcrab Services
Revenue from services purchased on the Socialcrab platform using $SCRB is distributed as follows:
socialcrab.sol, ensuring transparency in fund usage.