Use Case
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.
Token Utilities: Enhancing Trading Experience
ENIGMA Revenue Distribution:
One of the key utilities of the $ENIGMA token is revenue distribution. To benefit both investors and token holders, a portion of the generated profit by the Enigma trading bot is allocated for the buyback and burning of $ENIGMA tokens. This mechanism reduces the circulating supply, increasing scarcity and enhancing the token’s value proposition. Investors can enjoy the potential long-term appreciation of $ENIGMA tokens as the ecosystem thrives.
Custom Trading Bot License:
Individualized Custom Bots: Each user will have access to their own guided custom bot, tailored to their preferences and trading style. These bots incorporate features such as RSI indicators, stop-loss mechanisms, and more.
Proven Templates: Our bots come pre-programmed with templates that have been successfully tested and refined by professional traders. These templates have predefined values and settings to ensure consistent and effective performance.
AI Integration: Our bots are integrated with artificial intelligence, leveraging advanced algorithms and predictive models. This integration adds sophisticated decision-making capabilities to optimize your trading experience.
Exclusive Community: As part of our comprehensive offering, exclusive access to a private group awaits those who hold 2% worth of tokens. You will have the opportunity to engage with like-minded individuals, sharing valuable insights, discussing trading strategies, and fostering collaborative learning. Moreover, we will invite professional traders to share their expertise and host sessions to further enrich the community’s knowledge base.
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.
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