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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.