$EZSWAP Tokenomics

Native Token: $EZSWAP

Total supply: 1,000,000,000 $EZSWAP

Type	Allocation
Community Airdrop	10%
Community Rewards	31%
Treasury	10%
Liquidity Management	4%
Team	20%
Fundraising & Ecosystem	20%
Advisors & Marketing	5%
Total	100%

Note: Team, Early Contributors, Advisors and Marketing will have 6-month cliff after TGE. And the token will be unlocked by 18-month period.

The native cryptographically-secure fungible protocol token of EZswap Protocol (ticker symbol $EZSWAP) is a transferable representation of attributed utility functions specified in the protocol/code of EZswap, and which is designed to be used solely as an interoperable utility token thereon.

$EZ is a functional multi-utility token which will be used as the medium of exchange between participants on EZswap in a decentralised manner. The goal of introducing $EZSWAP is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on EZswap without any intermediaries such as centralised third party entity/institution/credit. It is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt; nor is it designed or intended to be used by any person as payment for any goods or services whatsoever that are not exclusively provided by the issuer. $EZSWAP does not in any way represent any shareholding, ownership, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will $EZSWAP entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in the British Virgin Islands, Singapore or any relevant jurisdiction. $EZSWAP may only be utilised on EZswap, and ownership of the same carries no rights, express or implied, other than the right to use $EZSWAP as a means to enable usage of and interaction within EZswap. The secondary market pricing of $EZSWAP is not dependent on the effort of the EZswap team, and there is no token functionality or scheme designed to control or manipulate such secondary pricing.

For the avoidance of doubt, neither the Company nor the Distributor deals in, or is in the business of buying or selling any virtual asset or digital payment token (including $EZSWAP). Any sale or distribution of tokens would be performed during a restricted initial period solely for the purpose of obtaining project development funds, raising market/brand awareness, as well as community building and social engagement; this is not conducted with any element of repetitiveness or regularity which would constitute a business.

Further, $EZSWAP provides the economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on EZswap, thereby creating a mutually beneficial system where every participant is fairly compensated for its efforts. $EZSWAP is an integral and indispensable part of EZswap, because without $EZSWAP, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem on EZswap. Given that additional $EZSWAP will be awarded to a user based only on its actual usage, activity and efforts made on EZswap and/or proportionate to the frequency and volume of transactions, users of EZswap and/or holders of $EZSWAP which did not actively participate will not receive any $EZSWAP incentives.

Participants are incentivized with native $EZSWAP tokens for each interaction conducted on-chain with EZswap, for example users may earn $EZSWAP rewards for activities such as minting, adding liquidity, listing, bidding, buying, and selling.

As a network effect, users may keep their $EZSWAP in their wallet and utilise it for spending with any third party, platform, merchant or provider un-related to the platform that is willing to accept these $EZSWAP on their platform/network, or for settlement of transactions.