GIVE Token
Charity Coin Governance Token: GIVE
Overview
GIVE is the governance token for Charity Coin, designed to enable community-driven decision-making and funding for charitable causes. It operates on the Ethereum blockchain, ensuring security, transparency, and efficiency.
Smart Contract
The GIVE token source code is publicly available for review on our GitHub repository (opens in a new tab).
Tokenomics
Total Token Supply
The total supply of GIVE tokens is capped at 1 billion (1,000,000,000). This finite supply helps maintain the token's value and prevents inflation.
Initial Pool Allocation
The distribution of the total token supply is as follows:
| Category | Percentage | Tokens | Vesting Period |
|---|---|---|---|
| Founders and Advisors | 15% | 150,000,000 | Allocated to Founders and Advisors of Charity Coin |
| Marketing and Partnerships | 10% | 100,000,000 | Discretionary allocation for marketing and platform growth |
| Community Airdrop | 40% | 400,000,000 | Community reward for donation participation |
| Liquidity Pool | 10% | 100,000,000 | Utilized to bootstrap token liquidity |
| Donation Pool | 25% | 250,000,000 | Immediate capitalization of the donation pool |
Transaction Fee Structure
Each transaction with GIVE tokens incurs a 1% fee, automatically redirected to the Donation Pool. This mechanism continually capitalizes the Donation Pool through GIVE's token velocity.
Token Holder Rights
- Community Voting: Funds from the Donation Pool are allocated to charitable causes based on community voting.
- Voting Rights: Token holders vote on proposals regarding which charitable causes should receive funding, with voting power proportional to the number of tokens held.