💰Tokenomics

The Dragon Network's economic model is designed to promote stability, growth, and incentivize participation within the ecosystem. The tokenomics of the Dragon Network are outlined as follows:

Supply

• Total Token Supply: The Dragon Network token (DRACO) has a total supply of 100 million tokens. This finite supply ensures scarcity and value preservation.

Staking Supply

• Staking Allocation: 24% of the total token supply, amounting to 24 million DRACO tokens, is allocated for staking purposes. Staking allows token holders to earn rewards for participating in network security and consensus mechanisms.

Transaction Fees

• Buy Fee: A fee of 10% is applied to each purchase of DRACO tokens. This fee structure is implemented to encourage long-term holding and to support various ecosystem developments.

• Sell Fee: Similarly, a sell fee of 10% is charged on each DRACO token sale. This fee discourages speculative trading and short-term profit-taking, aligning with our long-term vision for the network.

Utilization of Fees

The fees collected from buy and sell transactions will be utilized to support the ongoing development of the Dragon Network, including but not limited to:

• Funding for continuous technological advancement and maintenance of the network.

• Rewards distribution to stakeholders and contributors.

• Investment in community-driven projects and initiatives.

Governance

Holders of DRACO tokens will have a say in the future development and governance decisions of the Dragon Network, fostering a community-led approach to growth and innovation.