🪙Tokenomics
Snow token is the native token of Snowfall Protocol, which drives every utility on the Snowfall ecosystem.
Token description table
Token name | Snow token |
Ticker symbol | SNW |
Decimal | 18 |
Total token supply plan | 1 Billion (SNW) units |
Snowfall Token functions
Token swap bridge fees
Staking rewards
Voting for project directions
Taxes plans
Trade tax ratio: 2% Buy tax & 8% Sell tax.
Buy tax utility: redistributed back to every SNW holding wallet
Sell tax utility: redistribute 5% for repayment of Liquidity pool acquisition cost, Burn 1%, redistribute 1% to token holders and send 1% to the Snowfall community wallet.
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