- Token tick：
$AMAX - Total supply：
1B - Inflation：only decided through
amax.daogovernance body. No inflation by default. - Issuing contract：amax.token deployed on Armonian network (https://amax.network)
- Blackhole account: oooo
- Core usages：
- Native token for Armonia network
- Can be used to stake to get resources requried in Armonia network participation，
- Can be used to vote for network validator election in order to mine new tokens
- General Armonia multi-chain ecosystem development usage
Following is the latest update of token distribution table after the network has been launched since April 8 of 2022.
| Category | Holding Account | Allocation Rate | Total Amount | Unallocated Amount | Allocated Amount | Usage & Status |
|---|---|---|---|---|---|---|
| Fund raising | amax.dao |
15.00% |
150,000,000.00 |
146,275,134.97 |
3,724,865.03 |
2 M AMAX used for vote staking |
| Node mining | amax.fund |
10.00% |
100,000,000.00 |
99,582,690.39 |
417,309.61 |
Super nodes: 50 M, Backup Nodes: 50 M |
| Ecosystem mining | amax.ecodev |
25.00% |
250,000,000.00 |
248,506,481.00 |
1,493,519.00 |
1458,469.00 AMAX was burned thru DeGov |
| Core Dev | amax.coredev |
12.00% |
120,000,000.00 |
119,858,052.70 |
141,947.30 |
Core-team development allocation |
| DAO Dev | amax.daodev |
18.00% |
180,000,000.00 |
179,869,021.20 |
130,978.80 |
DAO-driven development allocation |
| Web3 Dev | amax.web3 |
10.00% |
100,000,000.00 |
100,000,000.00 |
0.00 |
Web3 infrastructure & services buildup |
| Foundation | amax.fund |
10.00% |
100,000,000.00 |
100,000,000.00 |
0.00 |
market cap stablization & ecosystem dev |