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Hi everyone!

Today we’re introducing the proposal #2 in our chargeDAO community: Tokenomics V2.

With recent feedback from our community regarding burn events, we’ve decided to adjust the tokenomics to the new reality and market conditions. 
After the December burn campaign, the supply will be reduced to 150,000,000 CHARGED.
But we don’t plan to stop here; our goal is to reduce the supply by 50% from initial minted amount – from 200,000,000 to 100,000,000 tokens.

You can check the proposed V2 version here: https://docs.google.com/spreadsheets/d/1Z2RW_C-XDzWen9WVieHgVIapniu9cOAspkSk7eYnn8U/edit#gid=654344067

Let’s break down the proposed changes and how the tokenomics will change:

  • Public and private sale tokens will not be affected. In the new tokenomics, its share is 30.688%
  • Liquidity and exchanges: will be reduced from 36,000,000 to 16,432,000 tokens. This means the share will decrease from 18% to 16.432%. Last unlock from vested SC will happen in June 2025
  • Staking rewards: will be reduced from 48,000,000 to 32,200,000. This means the share will increase from 24% to 31.20%. Last unlock from vested SC will happen in May 2025.
  • Advisors: will be reduced from 6,000,000 to 2,400,000 tokens. Its share will decrease from 3% to 2.40%
  • Marketing and Treasury: these 2 are merged into one SC and its share will be changed as follow: from 35.656% to 16.28%. Talking in CHARGED, it will decrease from 58,740,013 to 16,280,000
  • Team: will be reduced from 8,000,000 to 3,000,000 tokens. Its share will also decrease from 4% to 3%, unlocked in 4 batches, starting in March 2025 and ending in September 2026

In the scenario where proposal will pass the community vote, we’ll start with the burning event of the December burn pool and by end of Q1 burn the remaining amount till we’ll reach the 100,000,000 supply.

In the scenario where proposal will not pass, we’ll burn only the tokens from December burn pool and the supply will be 150,000,000 CHARGED.

Now, you have the power to decide the path for our token.

Cast your vote and Let’s Go Charge ⚡

Click here to vote on peerme.io

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