🪙Earnie Token
After the initial plans for the Earnie development are fulfilled, the further progression will rely on its community. The decentralized decision-making on the further lines of growth and expansion and their priorities will be powered by ERNI, the platform's governance token. The transition to the DAO governance will be made after the Earnie community grows enough so that the number of active ERNI token holders can provide sufficient input and prevent monopolization of the decision power.
ERNI is a fungible Ethereum-based utility token, giving its holder the vote weight proportional to the amount of the held tokens. Besides the voting power, ERNI tokens are also required to use the Auto copy feature (automatic copying of all the trader's signals.) Those who use the feature will have to hold ERNI tokens in their Bybit account in the amount equivalent to 30% of the deposit [*] allotted to auto-copying. However, this requirement will be waived up until the public token sale.
More ERNI tokens' advantages will be introduced further through the staking system.
The total supply of ERNI tokens is limited to 200,000,000 tokens allocated as follows [*]:
A total of 61,400,000 ERNI tokens will be sold via four sales:
Strategic Sale Token Price: $0.05
Vesting: 0% at TGE, then 4.55% monthly over 22 months 13 mln token allocation reserved for strategic partners and customers
Private Sale Token Price: $0.075 Vesting: 2% at TGE, then 5.44% monthly over 18 months
Retail Customers - 13.33 mln token allocation, with min $500 and max $1,000 purchase per customer
Wholesale Customers - 27.07 mln token allocation
Influencer Sale Token Price: $0.075 Vesting: 10% at TGE, then 7.5% monthly over 12 months 2.6 mln token allocation reserved for influencers, with min and max purchase defined individually
Public Sale (IDO) Token Price: $0.1 Vesting: 14.73% at TGE, then 8.5% monthly over 6 months 8 mln tokens reserved for IDO
The rest of the tokens are allocated for the project's needs: ecosystem incentives, marketing and partnerships, incentives for the team and advisors, liquidity, and a staking pool. These allocations also imply vesting over 24-36 months, with a 12-month cliff for the team and advisors.
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