Tokenomics
The tokenomics of dMarketplace Token ($DMP) are meticulously crafted to foster a sustainable and growth-oriented ecosystem, incentivizing active participation and ensuring long-term value appreciation
Last updated
The tokenomics of dMarketplace Token ($DMP) are meticulously crafted to foster a sustainable and growth-oriented ecosystem, incentivizing active participation and ensuring long-term value appreciation
Last updated
Total Supply: The initial supply of $DMP is capped at 100 billion tokens..
Stability Mechanism: The smart contract governance ensures a balanced token economy by regulating emission rates, burn mechanisms, and reflection distributions to maintain price stability and prevent market manipulation.
Cashback Program: Users receive a 2% cashback in $DMP for every purchase made on the platform using $DMP, directly credited to their accounts post-transaction.
Incentive: This cashback incentivizes the utilization of $DMP as the preferred payment method, driving higher transaction volumes and fostering ecosystem growth
Merchant Charge Fee
Rate: 6% fee on the amount received by merchants, applicable regardless of the cryptocurrency used.
Distribution:
Payments in $DMP:
2% allocated back to the user as a reward for using $DMP.
4% invested in platform development.
Payments in Other Cryptocurrencies:
Entire 6% directed towards platform development.
Liquidity Pool Fees:
Buying: 5% fee on the purchase amount from the liquidity pool.
Selling: 5% fee on the sale amount to the liquidity pool.
Allocation: All fees are directed to the fee pool for subsequent distribution.
Token Transfer Fees:
Rate: There are no fees on $DMP transfer between users.
To strengthen the value of $DMP and contribute to a deflationary supply model, dMarketplace has implemented a robust Token Buyback Program. This initiative allocates 40% of the platform's revenue from transaction fees toward purchasing tokens from the market. Additionally, 20% of fees collected from $DMP purchases and sales are reinvested into the program to further amplify its impact. Here's how the allocation breaks down:
80% will be used to buy back $DMP, reducing its circulating supply, enhancing scarcity, and driving long-term value.
20% will be dedicated to buying $PROOF, supporting and reinforcing the ProofPlatform ecosystem.
Sustainable growth of $DMP: Reduce the circulating supply of $DMP to increase scarcity and support long-term value growth.
Support Ecosystem Growth: Investing in $PROOF aligns with our commitment to the ProofPlatform's success, ensuring mutual growth and innovation across the ecosystem.
Reinvest in the Platform: Build a continuous feedback loop of value creation that enhances both dMarketplace and its broader ecosystem.
Note: Allocation percentages for the Token Buyback Program may be adjusted over time in response to the platform’s evolving economic landscape and growth trajectory.