-BACK TO THE BASICS-
Mr. Brondor brings you between the school desks today Tribe! 🤓
$PROPS is growing strong as the BEST RWA project out there and possibly the most rewarding R:R asset of 2024.
As we await the official staking app, product launches, and much more (along with the new 2024 roadmap coming soon 👀)
LET'S DIVE INTO
$PROPS TOKENOMICS!
💼 Supply: 1.2 B Tokens
🔒 Fixed supply: No new tokens can be minted, all allocations are governed by the SC (Smart Contract) on TGE (Token Generation Event)
🚀 IDO allocation: 20% of the total
$PROPS tokens are reserved for a crowd-based IDO
🔐 Lock-Ups:
- Corporate, Foundation, Seed: Staggered lock-ups up to 60 months for long-term success.
💹 Utility:
- Settlement Method:
$PROPS drives the circular economy by serving as the single settlement method for all smart contract interactions on Propbase.
- Smart Contracts: 6 specialized contracts coded in Move that require
$PROPS for updates to the global registry.
Rewards:
- 35% of the total offering dedicated to a robust rewards protocol that incentivizes new users and rewards existing users for smart contract interactions (Staking App for ex.)
🌐 PROPS Features:
- Aptos Blockchain: Low fees, instant throughput, and world-class security.
- Membership tiers: Users can stake
$PROPS or USD for exclusive offers, promotions, and early access to new property listings.
- Stake Yields: Stake to earn returns that can be used for property purchases or direct crypto exchanges with minimal fees.
- Flexible Unstaking: Any amount staked can be unstaked at any time, ensuring user flexibility.
DYOR & NFA Tribe!