🪙$GLIMM token

Glimmer Finance’s tokenomics are designed to ensure long-term sustainability, incentivize community engagement, and support ecosystem growth. Here’s a detailed breakdown of our token distribution, unlocking schedules, and the utility of our native token, $GLIMM.

Total Token Supply: 5,000,000,000 $GLIMM

Token Distribution

Category	Amount (Tokens)	Percentage	TGE Unlock	Cliff (Months)	Linear Unlock (Months)
Public Sale	1,500,000,000	30%	5%	1	14
Team and Advisors	750,000,000	15%	0%	4	16
Ecosystem Growth	1,000,000,000	20%	0%	3	12
Staking Rewards	750,000,000	15%	0%	1	24
Liquidity Pool	250,000,000	5%	0%	6	24
Marketing and Community	750,000,000	15%	0%	3	24

Key Highlights

• Public Sale: Allocates 30% of the total supply, with an initial unlock of 5% at TGE and linear vesting over 14 months to ensure a steady release for public investors.

• Team and Advisors: Locked with a 4-month cliff and vesting over 16 months, reflecting a long-term commitment to the project’s growth.

• Ecosystem Growth: Focused on platform expansion and partnerships, tokens unlock after a 3-month cliff and vest over 12 months.

• Staking Rewards: Dedicated to incentivizing platform engagement and security, vesting starts after a 6-month cliff and extends over 24 months.

• Liquidity Pool: Tokens have a high initial unlock of 20% at TGE to ensure robust liquidity and support trading from launch.

• Marketing and Community: Supports promotional activities and community engagement, unlocking gradually after a 3-month cliff with vesting over 24 months.

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Token Utility

The $GLIMM token serves as the foundation of Glimmer Finance’s ecosystem, providing diverse utility to users:

1. Trading Fee Discounts: Token holders benefit from reduced transaction and trading fees on the platform.

2. Staking Rewards: Earn attractive APYs by staking $GLIMM, contributing to the platform's security and sustainability.

3. Liquidity Incentives: Receive rewards for providing liquidity to trading pairs, ensuring high-volume and active trading markets.

4. Governance Participation: Token holders can participate in platform governance, influencing critical decisions and proposing improvements.

5. Ecosystem Development: Support platform innovation, partnerships, and dApp integrations using ecosystem funds.

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Deflationary Mechanism

To create long-term value, Glimmer Finance incorporates a deflationary token model:

• Burn Mechanisms: A portion of trading fees and token buybacks are burned to reduce circulating supply over time.

• Buyback Programs: Profits from platform revenue are periodically used to repurchase $GLIMM tokens from the market.