Supply and Distribution
The total supply of the $DMND token is strategically allocated to ensure a balanced and sustainable ecosystem with a supply of 1,350,000,000.
Last updated
The total supply of the $DMND token is strategically allocated to ensure a balanced and sustainable ecosystem with a supply of 1,350,000,000.
Last updated
The distribution of the $DMND token is outlined as follows:
The majority of the token supply, accounting for 69%, is dedicated to staking and racing activities. This allocation incentivizes players to engage in these core activities, promoting user engagement and long-term participation in the ecosystem.
Sixteen percent of the total supply is designated for initial coin offerings (ICO). This funding mechanism helps raise capital for further development and marketing efforts related to the project.
Five percent of the total token supply is allocated for liquidity to ensure smooth market operations. This allocation enhances price stability which will reduce volatility and provide efficient trading opportunities.
Three percent of the supply is allocated for airdrop initiatives aimed at promoting the token and encouraging community participation.
Four percent of the total supply is set aside for the treasury, which will be used for operational costs, development, and unforeseen expenses.
Three percent of the token supply is reserved for the team behind the project. This allocation recognizes the efforts of the team members and incentivizes their continued commitment to the project's success.
Diamond Hooves Will Launch $DMND with CNFT Tools Gold Shield
We are excited to announce that Diamond Hooves will launch $DMND on April 9th at 16:00 UTC using CNFT Tools Gold Shield, a premier trustless vesting solution on Cardano. This partnership ensures a secure, transparent, and manipulation-resistant token launch, leveraging Gold Shield’s robust smart contract infrastructure to safeguard allocations and maintain stability.
About CNFT Tools Gold Shield
Gold Shield is a cutting-edge token vesting platform designed to provide projects with a trustless, structured, and transparent launch process. By automating vesting schedules, allocation locks, and milestone-based releases, Gold Shield eliminates common risks associated with token distributions, ensuring a fair and stable market entry.
With Gold Shield’s Smart Contracts, all elements of the token launch, such as trustless vesting, sell-off prevention, and transparent token tracking, are managed securely on-chain. This system prevents manipulative market behavior while giving investors full visibility into token allocations and release schedules.
By launching through CNFT Tools Gold Shield, Diamond Hooves is reinforcing its commitment to a sustainable and secure ecosystem, setting the stage for $DMND’s long-term success.
