Polytrade Gitbook
  • Index
  • Guides
    • What is Polytrade?
    • What is Trade Finance?
    • Potential Market Opportunity
    • Polytrade Unique Selling Proposition (USP)
    • Polytrade Factoring Transaction
    • Polytrade Services
    • How to submit an invoice on Polytrade?
    • Founders and Team
    • Benefits of Using Polytrade
    • Components of Polytrade Ecosystem
    • TRADE Token
    • Security Audit
    • FAQs
    • Resources
    • Advisors
    • Glossary
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  1. Guides

TRADE Token

1. What is TRADE Token?

TRADE is the in-house utility token of the Polytrade platform. These tokens are used as the key payment and reward instrument within the Polytrade ecosystem.

These are ERC 20 tokens. ERC20 is a standard for fungible tokens created on the Ethereum blockchain network.

2. Uses of TRADE Token

Use cases of TRADE tokens are as follows:

a) Governance of Polytrade platform through validated holders b) Staking rewards c) Reduced interest rates for sellers for staked TRADE tokens d) Invoice discounts for buyers if settlement is done on the Polytrade platform e) TRADE token rewards for service providers for participating on the platform

3. TRADE Token Economy

Tokenomics
Amount

Total supply

100 Million

Strategic Sale Price

$ 0.08

Seed Sale Price

$ 0.04

Private Sale Price

$ 0.12

Public Sale Price

$ 0.15

.

4. TRADE Token Distribution

Token Distribution
% of Tokens
Number of Tokens

Strategic Round

3.25%

3,250,000

Seed Round

7.5%

7,500,000

Private Round

7.5%

7,500,000

Ecosystem Partners and Advisors

4%

4,000,000

Team

17%

17,000,000

Public Round

1.33%

1,333,333

Community Incentivization

39.42%

39,416,667

Marketing and LP Rewards

20%

20,000,000

Total

100%

100,000,000

.

.

5. TRADE Token Emission

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Last updated 2 years ago