Tokenomics
$BN, or Bitcoin Names, is our governance token that plays a pivotal role in the decentralized management and strategic direction of our ecosystem. This token facilitates active participation from our community in key decision-making processes, including protocol upgrades and feature enhancements. $BN is crucial for ensuring that TNA remains adaptive and responsive to the needs of the Bitcoin network at large.
Beyond governance, $BN is instrumental in extending the reach and functionality of our ecosystem. It is designed to support a wide range of activities within the Bitcoin network, from enhancing liquidity to enabling broader compatibility with various layer2 solutions. By using $BN, stakeholders can engage more deeply with the ecosystem.
Since it integrates several fundamental roles that directly impact the ecosystem's functionality and growth, $BN will symbolize the overall value and vitality of the TNA ecosystem.
$BN Allocation & Distribution
To ensure widespread participation and vested interest across the community, $BN will be strategically allocated and distributed per the below:
| Category | % | Token Amount | Release |
|---|---|---|---|
Community | 29.40% | 617,400,000 | 0% TGE; 3 months cliff; 6.8% unlock month 3; remaining 93.2% 48 months vest |
Team & Advisors | 10.00% | 210,000,000 | 0% TGE; 18 months cliff; 100% 36 months vest |
Airdrop | 12.50% | 262,500,000 | 16% TGE; remaining 84% 36 months vest |
Builder Ecosystem | 15.00% | 315,000,000 | 6.7% TGE; remaining 93.3% 36 months vest |
Treasury | 11.20% | 235,200,000 | 8.9% TGE; remaining 91.1% 60 months vest |
Pre-seed | 5.50% | 115,500,000 | 5% TGE; 6 months cliff; remaining 95% 24 months vest |
KOL Round | 0.75% | 15,750,000 | 20% at TGE; remaining 80% 12 months vest |
Public Sale | 0.40% | 8,400,000 | 10% at TGE; remaining 90% 12 months vest |
Liquidity | 9.00% | 189,000,000 | 55.6% at TGE; remaining 44.4% over 24 months |
DA Partners | 3.00% | 63,000,000 | 0% TGE; 3 months cliff; 100% 36 months vest |
Marketing | 3.25% | 68,250,000 | 7.7% TGE; remaining 92.3% 36 months vest |
Total | 100.00% | 2,100,000,000 |
|
$BN Utilities
Users can use $BN to access various benefits and functionalities, such us:
Staking to participate in governance
Staking to issue sub-names
Lower name registration fees
Register short character names
Access to airdrops & other benefits from TNA and its partners
Staking to run DA nodes to earn potential fees
Alongside $BN, $TNA will continue to support and enhance TNA's development within the Lightning Network. Our aim with $TNA is to significantly boost its role in incentivizing and empowering a dynamic community of developers and users focused on both the Lightning and Taproot protocols.
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