Tokenomics

Information about YOCs Government Tokens, Project and Companies Tokens, Stable Coins and Government DAO.

The YOC ecosystem comprises three categories of tokens that synergistically foster liquidity, security, and value appreciation.

The table provided below presents the tokenomics of each token category:

Topic

Company Tokens

YUSD

YOCx

Token distribution

100% of the tokens are distribuited at the initial coin offer. -> 79% to be fundraised -> 21% YOC´s treasure This percentange may be changed in specifoc projects.

YUSD is minted based on user demand as it serves as the currency for investing and trading in project tokens. When users need YUSD to participate in the platform, it can be minted accordingly.

A volume of 505 MM of YOC on each blockchain will be minted. 5 MM at initial distribuiton and 500 MM over 3,5 years. The overall distribuition will be: ->Liquidity Incentives (LPs, Stakes, Farm Pools): 402 MM (80%) -> Airdrop and Bonus: 500.000 (0,1%) -> YOC´s Development Fund (Marketing and platform improvements): 50,5 MM -> YOC´s Revenue: 52 MM Check the table below to see the detains of distribuition between initial and ongoing distribuition.

Token functions

They represent the future companies shares. Tokens holders will have the right to vote and to receive dividends, in proportion to what they hold in relation to total tokens issued.

YUSD is the currency used to invest and trade in token projects.

YOCx tokens serve as the governance tokens of the platform. Each blockchain has its own version of YOCx, denoted by the respective chain's initial (e.g., YOCb for BSC, YOCe for Ethereum, etc.). Earnings and dividends within the platform are paid out in YOCx. Additionally, YOCx forms 25% of the composition of YUSD, the stablecoin used within the platform.

Scarcity and supply

Project Tokens are issued only once during the initial project offering. During the fundraising stage, these tokens have a fixed price to ensure that their total value corresponds to the fundraising goal. There will be no further token issuance, ensuring that token holders are not subject to dilution. Throughout the fundraising stage, the tokens remain locked and cannot be withdrawn or traded. Once the project reaches its goal, the tokens become available for trading in the secondary market area. During this stage, tokens are actively traded, and their prices are determined by buying and selling offers. If the fundraising fails to reach the minimum goal, the tokens are burned, and the investment is refunded to the token holder.

YUSD can be minted or burned at the user's request. When minting, its price is always equivalent to 1 USD. Users use the native blockchain coin to mint YUSD. During the minting process, the YUSD smart contract holds 75% of the value in a stable coin paired with USD and swaps the remaining 25% into YOCx. This mechanism aims to secure users' investments during their investment period and generate demand and inflation for YOCx. When a user decides to burn YUSD, the smart contract returns the value of 75% in the stable coin and 25% in YOCx at a 1-to-1 ratio if the total price of the respective tokens is equal to or exceeds the original price. Any difference in value remains in the contracts vault and is used as a reserve and contributes to the overall stability of the currenc and the entire platform. If the total value is lower, the user receives back 75% in the stable coin and the 25% in YOCx.

There will be a total of 505 million tokens issued on each chain. Initially, 5 million tokens will be offered, and the remaining 500 million tokens will be distributed block by block over a period of 3.5 years. This means that there will be a daily emission of approximately 391,389 YOCx tokens. Once the 3.5-year period is completed, there will be no further emissions of YOCx tokens. It's important to note that YOCx tokens cannot be burned.

Economics and incentives

During the fundraising stage, project token holders are incentivized with YOCx. YOCx is distributed to users on a block-by-block basis, and users can claim their allocated YOCx through the platform. As companies grow and generate profits, token holders are granted the right to claim dividends based on the number of tokens they hold. This means that the more tokens a holder possesses, the larger their share of the dividend payout. The dividend distribution is proportional to the ownership of tokens, allowing token holders to benefit from the success and profitability of the companies they have invested in.

YUSD is a stable coin that is paired with a Stable USD coin and YOCx. It serves as the currency for investing in projects and remains locked during the fundraise stage. The inclusion of a stable coin in the pairing is intended to maintain stability and provide protection for both the fundraise process and investors. If the fundraise goal is successfully met, the stable coin component acts as a hedge, ensuring stability and protecting the funds raised. On the other hand, if the fundraise goal is not met, and the investor is entitled to a refund, the stable coin component provides additional protection to ensure the refund retains its value. By utilizing a stable coin and YOCx in the pairing, YUSD offers stability and security for both the fundraise process and the investors involved.

There are several ways to earn YOCx tokens: 1. Invest & Earn: Users can earn YOCx by investing in projects during the fundraising stage. As long as the fundraise is ongoing, users will be rewarded with YOCx tokens. 2. Farming: Users can participate in farming by providing liquidity to YOCx and the native coin of each chain in liquidity pairs. By staking these LP tokens in farms, users can earn additional YOCx tokens. 3. Staking: Users can earn YOCx tokens simply by staking their existing YOCx holdings. By locking their tokens in a staking contract, users will receive YOCx rewards over time. These methods provide opportunities for users to accumulate YOCx tokens through various activities within the platform.

Governance

Token holders will have the right to vote on important and strategic decisions. The weight of each vote is determined by the number of tokens held by the user.

YUSD is managed by a contract that mints and burns YUSD, according to the maths described in detail with in this YUSD charpter.

A DAO for YOCx holders will be created to following decisions: - New chains - New projects - Preview access to projects - Opportunitty to idea generation

Token burning

Company Tokens are not burned, but they may be sold back to the smartcontract in the following situations: -> Fundraising fails to reach the minimal goal: investment is refunded to the token holders; ->Company is sold (with more than 75% of token holders' approval): When the company is sold, the price sold is divided between token holders in proportion to tokens they hold. The token is taken out of the secondary market and has no value anymore. -> Liquitation: If the company goes through liquidation, all company assets are sold, debts are paid, and any remaining resources are divided among the token holders.

To burn YUSD, simply access the "Trade/YUSD" section of the platform and select the "Burn" option. By doing so, the user will receive a refund based on the current displayed price. The refund consists of 75% in USD stable coin and 25% in YOCx.

YOCx tokens are not subject to burning. In fact, the entire platform is designed to inventive users to hold YOCx tokens. By encouraging users to hold and retain their YOCx tokens, the value of YOCx can increase over time. This benefits the entire YOC community, as a higher token value can lead to greater rewards, dividends, and overall growth within the platform. Holding YOCx tokens aligns with the goals and incentives of the platform and can contribute to a stronger and more prosperous ecosystem.

Roadmap and future development

At the launch of the platform, there will be a total of 12 Projects available for fundraising. These projects will be distributed evenly across the four initial participant blockchains, with three projects on each blockchain. New blockchain will be included in future platform releases. Integration with accounting systems so that the dividend process is managed trougth smart contracts as the balances are published and the business goals achieved

Future: As YOCx turn more stable and gains value, YOC admin plans to lauch YUSD with 50% os YOCx, instead of actual 25%. This move generate YOCx inflation, helping both YUSD and YOCx currencies, the platform and all YOC investors.

DAO for YOCx holders to following decisions: - New chains - New projects - Preview access to projects - Opportunitty to idea generation

In the following sections below, you will find more detailed and specific information about each token.

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