The COE project, built on the ICP blockchain, aims to create a decentralized economy. Tokenomics drives this project’s community growth. Today, we explore the current state of COE tokens. Since launch, 10% of liquidity has been allocated. How did this happen? Let’s dive in together!
Distribution of 10% Released Liquidity
So far, 10% of tokens have been used for specific goals:
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1% for Liquidity with ICS: This amount funds the decentralized ICS pool, part of the tokenomics collaboration share.
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1% for Liquidity with BABYAROF: This supports collaboration with BABYAROF to boost its decentralized pool.
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5% for Development Team: The COE team received this share to advance the project.
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1% for ALP NFTs: This amount is dedicated to distributing ALP NFTs.
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2% for ap-coe NFTs: This portion fuels community growth through initial NFT distribution.
Status of the Remaining 90% Tokens
90% of COE tokens remain in the project wallet, reserved for collective decisions. The current tokenomics breaks down as follows:
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5% for COE NFTs: No collection exists yet. The bearish NFT market requires a rethink.
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2% for Airdrop: This amount targets new user acquisition.
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5% for ICP Ecosystem Teams: Of this, 2% has been spent on trading pairs with ICS and BABYAROF.
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30% for Liquidity and DEX Pool Backing: This is planned for trading pairs COE/ICP, COE/ckBTC, COE/ckETH, and COE/ckUSDC. Final decisions are pending.
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50% for Farm: We propose a long-term farm spanning 5 to 99 years. The community must decide.
COE Team’s Optimization Proposals
We suggest strategies to enhance tokenomics:
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5% COE NFTs: Instead of distribution, hold this in the treasury. It can later fund liquidity on centralized exchanges (CEX).
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30% DEX Liquidity: Create the main pool on ICPswap. Let the community manage KONGswap liquidity. Divide tokens into 5 parts: 2/5 for COE/ICP, and 1/5 each for ckBTC, ckETH, and ckUSDC pairs.
Why These Changes Matter
The bearish NFT market complicates the 5% distribution. Keeping this in the treasury offers flexibility. Splitting 30% liquidity balances DEX usage. The 50% farm, with long-term staking, can attract users.
FOOD COE Project: Real Value in Daily Life
The FOOD COE project links blockchain to everyday life. Users can receive NFTs by making in-person purchases at traditional businesses. Holding these NFTs earns monthly financial rewards in COE tokens from those businesses’ sales. This model shows how COE creates real value.
Call to Action
What’s your take? Should we hold the 5% NFTs in the treasury or suggest another approach? Which DEX works best for liquidity? Should the farm last 5 or 99 years? Share your thoughts in the ICP forum or COE website comments. Your ideas can shape COE’s future!
COE’s Advantages
COE leverages the ICP blockchain for speed and transparency. The community holds the decision-making power. FOOD COE connects real life to blockchain. Now it’s your turn!
Next Steps
The COE team is updating the whitepaper. Your input in DAO votes matters. Follow us on X. Join the FOOD COE challenge. Let’s build the future together!
COE: Your Power, Our Future!