Tokenomics
Last updated
Last updated
CHICKEN is governed by Mint Club's bonding curve smart contract, offering a unique token structure.
Token Type: ERC20
Network: Base
Max Supply: 82 billion CHICKEN
Initial Supply for Community Airdrops: 8.2 billion CHICKEN (10% of max supply)
Remaining Supply: 90% allocated to the Bonding Curve Pool
Base Asset: WETH on Base
Unlike tokens based on AMM (Automated Market Maker) pools, CHICKEN simplifies the process. The need for a large allocation of tokens for manual liquidity by the team is eliminated, thanks to the self-operating bonding curve contract. Hence, 90% of CHICKEN's max supply (73.8 billion) is managed by the contract, automatically minted or burned based on trading activities. This mechanism ensures security against potential rug-pulls by removing the possibility for any party, including the team or creators, to access the majority of the token supply directly.
