$VES
Last updated
Last updated
Liquidity Pool 85%
A substantial portion is dedicated to the primary liquidity pool (LP) on decentralized exchanges (DEXs), ensuring high market liquidity and efficient trade execution. This allocation supports the necessary liquidity for trading, helping to stabilize the token's market and facilitate seamless transactions.
CEX 10%
Allocated for centralized exchange (CEX) listings, this portion ensures robust market liquidity and widespread token accessibility. The allocation strategy involves token deployment on multiple high-volume exchanges to maximize trading activity and price discovery mechanisms. Through integration with advanced order-matching algorithms and market-making bots, this ensures optimal liquidity, reduced slippage, and enhanced trading efficiency, thus attracting institutional and retail investors to the ecosystem.
Community rewards 5%
Allocated for a structured airdrop program aimed at broad community distribution. Participants will engage in specific tasks to accumulate points, qualifying them for token distribution. This mechanism not only broadens token ownership but also incentivizes active engagement and contribution within the community, enhancing overall network activity and user involvement.
Each transaction that occurs within the Vanguard decentralized vector database is split according to the following structure:
90% - node runners
5% - burn
5% - ecosystem
This mechanism goes towards rewarding participants and contributors that help power our infrastructure, while at the same time helping to maintain the stability of the $VES token and providing the foundation for a deflationary mechanism.
Tax Breakdown:
4% R&D
1% Marketing
Maintaining a decentralized system in the early stages incurs significant infrastructure costs, leading to financial losses until the number of nodes reaches an adequate level and the system becomes financially autonomous. To ensure the project's sustainability, a 5/5 tax has been established. It is crucial to note that the initial data storage costs are high, and such taxes are necessary to cover operational expenses and ensure the system's long-term viability.
Users can support the VES decentralized system by providing their own nodes. Participation in the network helps distribute the load, enhancing the system's performance and reliability.
By running a VES node, users contribute to data distribution and query processing, which improves the overall efficiency and resilience of the network. This participation not only supports the stability and scalability of the system but also offers users the opportunity to earn VES tokens as rewards for their computational contributions.
Token locking mechanism
Smart Contracts for Locking: Users can "deposit" tokens into a locked state, which ensures control over remaining credits and links them to the user's wallet address.
Tracking and deduction of tokens
The monitoring system utilizes databases to automatically deduct VES tokens from a user's account based on the volume of data or the complexity of the request.
Access control
Access to database operations depends on the verification of the user's VES token balance. Access is blocked when the balance is insufficient until additional tokens are deposited.
Reduction of total supply
Burning tokens with each transaction creates a scarcity, which theoretically should lead to an increase in the value of the token due to its reduced availability.
Stimulation of usage
Automatic token burning also encourages users to actively use them on the platform to access services, as this increases their value in the long term.
Community support and liquidity
Distributing tokens through CEX and pre-sales helps in creating an active user community and supports the liquidity of the token, making it attractive to new users and investors.
Implementation of utility tokens
VES implements a system of utility tokens aimed at enhancing the functional value of the platform:
Targeted application: Utility tokens will be used for specific tasks where they bring the most value, including stimulating data exchange and rewarding contributions to computational processes. This will motivate users to actively participate in the ecosystem and facilitate efficient resource distribution.
Avoiding microtransactions: The platform avoids using complex microtransactions that can complicate the economic structure and increase transaction costs, instead focusing on larger and more significant operations that help reduce overall expenses and increase efficiency.
Practical application example
Issuance and optimization of tokens: Tokens will be issued to users or nodes that actively participate in supporting the platform by providing data or computational resources.
Transaction aggregation: Transactions will be grouped to minimize fees and optimize token expenditure, which not only simplifies the token management process but also significantly improves the system's scalability.
Economic benefits
Cost reduction: Aggregating transactions and reducing the number of microtransactions cut operational costs and improve the overall economic efficiency of the platform.
Increased liquidity and token availability: By optimizing the flow of tokens, their circulation is improved, making the VES economy more viable and attractive to new users and investors.
