Tokenomics
Where the supply goes
We hold 24% of the supply. Three wallets at 3% each, and 15% in a treasury held for growth. It is written here, it is visible on-chain, and every wallet is published further down this page.
The lock is held by the launchpad, not by us, and it does not come off. Nothing appears later under an address we have not shown.
The fee
Every trade carries a 3% fee. It is set when the token is created, it cannot be raised afterwards, and where it goes is public at every moment. Because Vermilion is paired against TAO, the fee accrues in TAO and is never converted into something else. What reaches holders is paid in TAO itself, not in a token that stands in for it.
What the fee is not: a floor under the price. If trading slows, the fee slows with it, and what is left is a token whose value is set by the next buyer, like every other. Both of those things are true at once, and both are said here.
What cannot happen
The questions worth asking about any token, and where this one stands.
| What people check | Here | Why |
|---|---|---|
| New supply | No mint | Supply is fixed at 1,000,000,000 when the token is created. There is no function that prints more. |
| Frozen wallets | No blacklist | No address can be blocked from transferring or selling. |
| The fee going up | Cannot be raised | The 3% is set at creation and cannot be changed afterwards. |
| The pair being swapped | Cannot be swapped | Vermilion trades against TAO, and that pairing is fixed at creation. |
| Liquidity being pulled | Locked | At graduation the trading pool is seeded and locked permanently. No wallet can withdraw it. |
| A wallet we have not shown | None | Every wallet we hold is published below, with what it is for. |
Who holds it
Three member wallets hold 3% each, and the treasury holds 15%. Every address is published below, labelled by what it is for, so the holding can be checked rather than taken on faith.
Meet the team on the Discord server.
Published wallets
| Wallet | Address |
|---|---|
| Launch wallet | [LAUNCH WALLET] |
| Member wallet | [MEMBER WALLET 1] |
| Member wallet | [MEMBER WALLET 2] |
| Treasury - Held for Growth | [TREASURY WALLET] |
The launch wallet buys the team's 3% and the treasury's 15% when the token is created. The treasury's share is then moved to the treasury wallet and stays there.
The contract
Vermilion launches on Robinhood Chain, through Pons, paired against TAO. The address below is published here with the transaction that created it, so the launch can be read on-chain by anyone.
[CONTRACT ADDRESS]