⚙️Mechanism and Service Fees

Mechanism:

  • The total supply is fixed at 1 billion tokens. 800 million tokens will be allocated to the Bonding Curve pool, and the remaining 200 million tokens will be used to add liquidity to the pool.

  • Users will trade tokens based on the Bonding Curve. Once the Bonding Curve pool reaches 8000 STRK, all funds and the remaining 200 million tokens will be locked and added to the liquidity pool on Ventory's DEX.

  • The number of NFTs that can be minted based on the STRK404 token standard is 1000.

Service Fees:

  • Token creation fee: Free

  • Token trading fee: 0.1%

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