Tokenomics

HEN tokenomics description

Tokenomics

  • The Rich Hens project has two tokens in Binance Smart Chain network (BEP-20) $HEN and $HEG. $HEN is a governance token with total supply 3,000,000,000. $HEG is a utility token for in-game activities with total supply 1,000,000,000.
  • $HEN is used for project management, as well as marketing, development, trading, stacking and ecosystem support. Token emission according to the minting schedule. Full supply in June 2027.
  • $HEG token is required in the Rich Hens game for: feeding chickens, attribute upgrade, hen-minting, daily health maintaining, trading eggs on the marketplace and and other in-game activity.
  • 50% of $HEG spent by users on feeding chickens, upgrading attributes and NFT-minting are burning thus creating deflation of the token and reducing the market supply.
  • $HEG Staking is required to perform NFT-minting. 7 days of staking of $HEG tokens are required for a minting completion. Premature leaving the staking entails a penalty of 10% of the stake.

$HEN Token Allocation

  1. 1.
    Pre-Seed 1% - 30,000,000
  2. 2.
    Advisors, Partners 3% - 90,000,000
  3. 3.
    Community Treasury 5% - 150,000,000
  4. 4.
    Marketing, Airdrop 6% - 180,000,000
  5. 5.
    Private Sale 8% - 240,000,000
  6. 6.
    Team Core 10% - 300,000,000
  7. 7.
    Research 10% - 300,000,000
  8. 8.
    Charity 10% - 300,000,000
  9. 9.
    Public Sale 12% - 360,000,000
  10. 10.
    Staking 15% - 450,000,000
  11. 11.
    Eco System 20% - 600,000,000

$HEN Minting Schedule

  • Dec 2022 - 10% (300,000,000)
  • Jun 2023 - 5% (150,000,000)
  • Dec 2023 - 10% (300,000,000)
  • Jun 2024 - 15% (450,000,000)
  • Dec 2024 - 15% (450,000,000)
  • Jun 2025 - 15% (450,000,000)
  • Dec 2025 - 10% (300,000,000)
  • Jun 2026 - 10% (300,000,000)
  • Dec 2026 - 5% (150,000,000)
  • Jun 2027 - 5% (150,000,000)