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Author Topic: circulating supply and percentages  (Read 65 times)
MrYakimoto (OP)
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December 01, 2021, 10:33:18 PM
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Hi, we are launching a BEP20 as a governance token (call it XTT) with our upcoming game in 2023, we understand that its best to provide the initial liquidity and then send the LP tokens to a burn address (to prevent a rug pull) but what we are finding confusing is: If we want to keep 15% of the XTT tokens for the team do we have to put 100% of the tokens into the initial pool and buy back or do we just put 85% of the tokens into the pool and keep 15% in our wallet and if we do it that way, would these 15% (not released and kept in the wallet) increase in value alongside those in the public pool?

also, if we then split that 15% between the team (6 people) could one of those people just cash out their share overnight or would it be locked as its not in the original public pool?

forgive my limited knowledge, we are a game dev foremost and are in early stages of considering our options with the binance blockchain
wheelz1200
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December 01, 2021, 11:24:53 PM
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Hi, we are launching a BEP20 as a governance token (call it XTT) with our upcoming game in 2023, we understand that its best to provide the initial liquidity and then send the LP tokens to a burn address (to prevent a rug pull) but what we are finding confusing is: If we want to keep 15% of the XTT tokens for the team do we have to put 100% of the tokens into the initial pool and buy back or do we just put 85% of the tokens into the pool and keep 15% in our wallet and if we do it that way, would these 15% (not released and kept in the wallet) increase in value alongside those in the public pool?

also, if we then split that 15% between the team (6 people) could one of those people just cash out their share overnight or would it be locked as its not in the original public pool?

forgive my limited knowledge, we are a game dev foremost and are in early stages of considering our options with the binance blockchain

Sorry but you should probably be assisting a team who knows this already.  If your expertise isn't crypto then maybe look to partner with a team and stick to what you are good at.  These are basically entry level questions so you might find it difficult navigating the more difficult requirements.
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