📊Tokenomics

Frugs 69 Billion (FRUGS) is a memecoin with a fixed supply, designed to foster engagement, reward participants, and create a unique ecosystem centered around fun and value. Below is a detailed breakdown of the token distribution, utility, and overall economic model.

1. Total Supply

• Total Supply: 69,000,000,000 FRUGS

The total supply of FRUGS is capped at 69 billion tokens. This ensures scarcity and provides a foundation for value appreciation as the community and ecosystem grow.

Presale: 25% (17.25 billion Frugs)

• A total of 25% of the Frugs will be allocated for the presale. This phase will help raise the necessary funds to support the project's development and initial marketing efforts.

Staking: 25% (17.25 billion Frugs)

• 25% of the total supply is allocated for staking rewards. These tokens will be used to incentivize holders who participate in staking, contributing to the network's security and stability.

Marketing: 25% (17.25 billion Frugs)

• Marketing is crucial for driving adoption and expanding the project's reach. 25% of the total supply is set aside for marketing activities, including partnerships, campaigns, and community engagement.

Liquidity: 10% (6.9 billion Frugs)

• To ensure smooth trading and reduce price volatility, 10% of the total supply will be allocated to liquidity pools across various decentralized exchanges.

Rewards: 15% (10.35 billion Frugs)

• 15% of the Frugs are reserved for rewarding community members, participants in various events, and contributors who add value to the project.

3. Token Utility

FRUGS is more than just a meme coin; it has several key use cases within the ecosystem:

• Staking: Users can lock their FRUGS tokens in staking contracts to earn rewards, providing liquidity, and securing the network.

4. Security and Audits

Security is paramount to the FRUGS ecosystem:

• Smart Contract Audit: The FRUGS smart contract will undergo rigorous audits by reputable firms to ensure security and prevent vulnerabilities.

• Multi-Signature Wallets: Critical reserves and funds will be managed using multi-signature wallets to prevent unauthorized access and ensure transparency.