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Tokenomics Framework

Tokenomics Framework

HOOKED has a simple token system that rewards people for using the platform!

Key facts about HOOKED tokens:

  • Fixed supply - Only 1 billion HOOKED tokens can ever exist
  • Weekly rewards - New tokens given out every week to pool participants
  • Decreasing over time - Fewer new tokens created each week
  • Community controlled - Token holders vote on where rewards go

Think of it like a rewards program that gets more valuable as fewer new tokens are created!

Token Supply Structure​

HOOKED Token Basics:

  • Starting amount - 50 million tokens
  • Maximum ever - 1 billion tokens (cannot be changed)
  • New tokens - Created weekly and given as rewards
  • Gets scarcer - Fewer new tokens created over time

It's designed so that early participants get more rewards while the token becomes more valuable over time!

How Rewards Work​

Every week, new HOOKED tokens are created and given out as rewards:

  • Starting at 2.6 million tokens distributed weekly (decreases each week)
  • Community votes decide which pools get the rewards
  • Liquidity providers earn tokens for providing liquidity to pools
  • Governance participants get extra incentives for voting

The system is designed so early participants get more rewards, and the token becomes more scarce over time!

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