Tokenomics πŸ’΅
START Token Supply, Distribution, and Utility

START Token

Ticker: START
Chain: Binance Smart Chain (BEP-20)
Chain: Polygon (MATIC)
Max Supply: 1,000,000 (fully distributed with vesting; no minting)

Deflationary Mechanism

  • 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.

START Token Initial Distribution

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.

START Presale Pool Details

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

START Distribution Details

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 Utility

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:

Access and Reward Tiers on Binance Smart Chain

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.

Access and Reward Tiers on Polygon

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
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