Gator Token (GATOR)

Basic Information

Transfer Tax

  • Burn Rate: 5.6% of transfer tax will be burned immediately

  • Automatic Liquidity Rate: 1.4% of transfer tax will be added to the LP pool and locked.

  • Total Transfer Tax Rate: 7% of every transfer

Emission Rate

  • 60 Gator / block

  • 1728000 Gator/ day

  • 9.09% to the dev team to ensure essential growth of the project (devs choose to burn them)

Why Gator Has No Hard Cap?

There's currently no hard cap on the supply of Gator, making it an inflationary token.

Community members often point to this as a cause for concern, and while the dev team certainly understands the wish for a hard cap, there's a big reason we don't expect to set one in the near future.

Gator's primary function is to incentivize providing liquidity to the exchange. Without block rewards, there would be much less incentive to provide liquidity (LP fees, etc. would remain).

How Gator Supply Is Reduced Without A Hard Cap?

1. Reducing Block Emission

By reducing the amount of Gator generated per block, we slow the inflation. This has already been done once: from 70 to 60. But we don't want to do this too frequently, too early, for the same reason we don't want a hard cap: we still need to incentivize people to provide liquidity.

2. Transfer Tax

Gator now has a 7% transfer tax in each transfer. 5.6% is burned directly and the rest 1.4% is added to Gator-BNB liquidity pool and locked. This deflationary mechanism will help us to reduce the circulating supply of Gator which will release sell peruse a lot.

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