Tokenomics

Understanding the token distribution and economic model of Sphynx Network

Allocation

The issued tokens will be distributed as follows

Project development Rewards Team and Advisors PreSale (Community Members) Marketing Initial Burn
54% PreSale (Community Members)
13.7% Project development
1.3% Rewards
15% Team and Advisors
6% Marketing
10% Initial Burn
Liquidity Locked check here
Team and Advisors Funds Vested check here

Distribution

Out of each transaction made within the Sphynx Network:
5% reflection - will be redistributed to existing holders based on their number and equities in $SPH, a form of staking rewards, without actually staking but just for holding
5% auto LP - will be redirected towards the liquidity pool to sustain the price

0x000000000000000000000000000000000000dead - means it is a holder and that it will absorb a part of the reflection every time a transaction is made. This will add a form of deflationary function to the token.

5% added as a liquidity pair on Pancake Swap 5% redistributed to all existing holders

How 10% fee is split

5% redistributed to all existing holders
5% added as a liquidity pair on Pancake Swap