Tokenomics
SORIC token serves as the lifeblood of the Solaric platform, designed to streamline investments, facilitate energy trading, and reward participants. Itβs a digital currency that not only represents ownership in solar assets but also drives the economy of our clean energy marketplace. As a utility token, it is crafted to be the medium through which all value is exchanged on the Solaric platform.
Solaricβs commitment to revolutionizing the solar energy investment space through blockchain technology. With a carefully crafted tokenomics structure, weβre setting the foundation for a sustainable, decentralized, and thriving ecosystem.
In order to incentivize investment and enhance trust, we have made an additional commitment to the SORIC economic model:
Projects that are successfully crowdfunded will allocate 3% of the funds raised and 3% of their annual net profits for the periodic repurchase of SORIC tokens. Furthermore, we provide a mechanism that allows users to stake their SORIC tokens in advance, thereby enabling them to receive USDT as a periodic return. This economic model not only aims to increase long-term returns for investors but also to boost the stability and attractiveness of SORIC tokens.
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