$VITAL Tokenomics
Vitality Token
Vitality or ($VITAL) is the native token used to reward liquidity providers on ImmunitySwap.com
Token contract address
0x29927a1ad6ee13357d276ba3a26bfc90371de141
Supply
The current emission rate of $VITAL is 0.01 per block. This means that approximately 288 new $VITAL is minted every 24 hours.
Fee Distribution
75% dedicated to buy backs and burns
10% to charity
10% marketing and development
5% Team
Burn
Burning of $VITAL is an important aspect to ImmunitySwap as it shows the Immunity Community that we are actively buying back $VITAL. As tokens are bought back from users of the platform (farmers), they are burned by transferring $VITAL to the burn address. You can check how many tokens have been burned right here!
We aim to buy back more $VITAL than is produced, so to decrease the circulating supply and drive up price. Currently, we have bought up and burned over 50% of the total supply of Vitality Token.
This, as was expected, had a positive affect on the price of $VITAL, which is apparent when looking at the price chart here.
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