💹Tokenomics
A deep dive into the BUIDL Token supply, distribution, and utility
Last updated
A deep dive into the BUIDL Token supply, distribution, and utility
Last updated
Ticker: BUIDL
Chain: Base (ERC20)
Contract Address:
https://basescan.org/token/0x40Be61a8C047e84Aa974eac296eaaBF09945D3b2
Max Supply: 215,000,000 (fully distributed with vesting; no minting)
BUIDL will be burned when unstaked, according to the schedule outlined in Staking Rewards.
The aforementioned burn settings can be adjusted based on community voting.
BUIDL token holders can stake their tokens on Starter to gain access to the platform and earn rewards. Staking higher amounts of BUIDL gives holders increased access and even greater rewards.
Detailed information about the utility of BUIDL can be found in Tiers and Staking.
To prove the concept and pave the way for future Starter IDOs, the BUIDL token will be distributed to supporters through a token sale on the Starter platform itself. This is to demonstrate the power of Starter as a fully functional, performant launchpad to our first believers.