Tokenomics 💵
START Token Supply, Distribution, and Utility
Ticker: START
Chain: Binance Smart Chain (BEP-20)
Chain: Polygon (MATIC)
Max Supply: 1,000,000 (fully distributed with vesting; no minting)
- 0.5% of all funds raised on the platform will be used to buyback and burn START.
- 0.5% of all unstaked START tokens will be burned.
- 1.0% of all funds raised on the platform will be added to the START/wBNB liquidity pool.
To prove the concept and pave the way for future Starter IDOs, the START token was initially distributed to investors through a series of presales on the Starter platform. The presales were immensely successful by any measure with even the slowest one selling out in less than 2 minutes.
All seed, private and public sale START tokens have now been released, this was the vesting schedule:
Fund | START Qty | Price | Vesting |
Seed | 127,365 | $1.00 | 25% unlocked at TGE then 25% per month |
Private | 220,755 | $1.25 | 25% unlocked at TGE then 25% per month |
Public | 101,891 | $1.50 | 100% unlocked at listing |
Total | 450,000 | START | Liquidity listing price initially set at $1.75 |
Fund | START Qty | Vesting |
Initial Liquidity | 225,000 | Locked for 9 months |
Incubator | 50,000 | Reserved for funds allocated to successful presales |
Partnerships | 125,000 | 25% unlocked per month |
Development | 75,000 | Fully locked in first quarter then 25% unlocked per quarter |
Team | 50,000 | 10% unlocked per month |
Marketing | 25,000 | 100% unlocked |
Total | 550,000 | START |
START token holders can Stake their tokens on Starter to gain access to the platform and earn rewards. Staking higher amounts of START gives holders increased access and even greater rewards. There are currently two different systems for both Binance Smart Chain and Polygon:
IDO Participation: Staking at least 50 START tokens on the platform allows holders to participate in all approved presales on Starter. Staking 500 or more START tokens qualifies holders for Gold Tier status, which gives those community members a Guaranteed Allocation for every presale!
Voting Power: Staking at least 50 START tokens allows holders to vote on which projects are approved for a presale on Starter. Votes are weighted by the amount of START staked. So if a 50 START staker voted on YES = 50 YES votes.
Guaranteed Allocation: Staking at least 500 START on BSC will ensure a guaranteed allocation (GA) in every IDO. The more START you stake, the higher your allocation. GA get a headstart on buying in an IDO before FCFS Starters, in the GA round you will only be able to buy your allocation amount, once the GA round is over, you will be able to buy more (up to the max wallet amount or your max amount allowed for your START staked, whichever is lower).
Earn BNB: Staking at least 1,250 START tokens allows holders to earn BNB from the redistribution of fees across the Starter. Currently, 0.5% of all funds raised are redistributed to these holders. Staking at least 1,250 START tokens gives holders a 10% discount on all presales.
VIP Starter: Staking at least 2500 START tokens will grant you all of the above benefits, plus exclusive access to the Starter VIP club, including a private Telegram group, and access to private sales and opportunities.
Starter: IDO participation for Starter on Polygon requires you to stake QUICK/START LP (rather than just START token). To join a Starter IDO on Polygon on first-come-first-served (FCFS) basis, 3.5 QUICK/START LP tokens must be staked.
The more LP tokens you stake, the higher the amount of tokens you will be able to buy in an IDO.
Guaranteed: To receive a guaranteed allocation on Polygon IDOs, you must stake 35 QUICK/START LP.
Partner: Receive a guaranteed allocation and a 2% allocation of IDO tokens airdropped to your wallet. Must stake a minimum of 87.5 QUICK/START LP tokens.
VIP Starter: Can take advantage of all the benefits above, plus exclusive access to the Starter VIP club, including a private Telegram group, and access to private sales and opportunities. Must stake a minimum of 175 QUICK/START LP tokens on Starter.XYZ
Last modified 1yr ago