The Enigma Ecosystem

The Enigma Ecosystem is fueled by $ENIGMA token, an ERC-20 token that serves as the core currency within the Enigma network. $ENIGMA code was written by an experienced solidity developer and it will be verified and accessible to everyone on etherscan, ensuring its security and reliability.

As an ERC-20 token, $ENIGMA adheres to the Ethereum blockchain's smart contract specifications. To provide optimal benefits to investors, $ENIGMA has a fixed supply of 100,000,000 tokens, making it a deflationary asset. With a limited supply, $ENIGMA's value appreciates over time, increasing demand for the token.

Tokenomics plays a crucial role in designing Enigma. The objective is to allocate tokens strategically, maximizing returns for holders and investors.

Locked Liquidity

Liquidity is essential for a functioning market, enabling easy buying and selling of assets. For Enigma, liquidity is a top priority for the project's success.

To ensure liquidity, the Enigma team has partnered with the well-known decentralized liquidity-locking solution Unicrypt. The team has successfully locked the liquidity and details of the locked liquidity can be viewed for transparency and verification.

Token Allocation

Token allocation plays a vital role in determining the price and success of a token. Enigma's developers and marketing specialists have meticulously analyzed tokenomics and token allocation to reward investors and users of the Enigma ecosystem:

Pie chart demonstrating the original token allocation for Enigma:

75% of $ENIGMA tokens allocated to Liquidity

15% of $ENIGMA tokens allocated to Staking

5% of $ENIGMA tokens allocated for Ecosystem Development

4% of $ENIGMA tokens allocated for Marketing & Partnerships

1% of $ENIGMA tokens allocated for Team and Advisors

Token Burning

To utilize the features of the Enigma AI dApp, users must acquire and pay with $ENIGMA tokens, generating demand and driving the token's value.

Another critical factor impacting token value is the token supply. As the number of tokens decreases, the value of each token increases. A portion of the generated profit by the Enigma AI trading bot will be allocated for the buyback of ENIGMA tokens from the market. These bought-back tokens will then be permanently burned, further enhancing the deflationary nature of the ENIGMA token.

The buyback and burning process ensures a reduction in the circulating supply of ENIGMA tokens, leading to increased scarcity and value appreciation over time. This mechanism strengthens the long-term value proposition of ENIGMA, benefiting both investors and token holders within the ecosystem.

Token burning is a widely practiced and beneficial mechanism in the cryptocurrency industry, as it leads to increased token value over time. Prominent projects like Binance also conduct regular token burns, resulting in the appreciation of their native tokens.