Speed Star
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  • $STAR Tokenomics:
  • Locked Development Funds Distribution
  • Locked Investors Distribution
  1. Speed Star
  2. Tokenomics

STAR Tokens

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Last updated 3 years ago

$STAR Tokenomics:

Ticker: STAR Contract Address: Chain: Harmony ONE (HRC-20) Max Supply: 30,000,000 $STAR

The $STAR distribution can only be obtained from within the game. The initial distribution rate is as follows:

Distribution
Percentage
$STAR

Reserve for Starverse

56%

16,800,000 $STAR

Speed Star Reward

20%

6,000,000 $STAR

Development Funds

7%

2,100,000 $STAR

Reserve Funds

8%

2,400,000 $STAR

Investors

5%

1,500,000 $STAR

Airdrop and Initial pool

4%

1,000,000 $STAR

200,000 $STAR

Locked Development Funds Distribution

As the development team unlocks $STAR to cover the initial cost of the system, 4% (84,000 $STAR) of the reserve will be unlocked per month. This process will take a total of 25 months.

Period
STAR Unlock
Remaining

In development

0

2,100,000 $STAR

Feb 2022

84,000 $STAR

2,016,000.00 $STAR

...

...

...

Jan 2024

84,000 $STAR

84,000 $STAR

Feb 2024

84,000 $STAR

0 $STAR

Locked Investors Distribution

For Investors, there is a vesting arrangement in place. The unlocking of investor tokens will begin one month after the initial release of the Development Funds. Over the proceeding 50 months from this unlock, 2% of the Investors funds (30,000 $STAR) will be unlocked per month. This is to prevent investors from damaging the market value from the number of coins that are unlocked.

Period
STAR Unlock
Remaining

In development

0

1,500,000 $STAR

Mar 2022

30,000 $STAR

1,470,000 $STAR

...

...

...

Mar 2026

30,000 $STAR

30,000 $STAR

Apr 2026

30,000 $STAR

0 $STAR

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