# Token matrics

## 1. Token Details:

**i.** Token Name: Hommies Token (HOM)

**ii.** Total Supply: 10,000,000,000 HOM

**iii.** Token Type: ERC-20 (Ethereum blockchain)

## 2. Token Allocation:

The distribution of Hommies Token across various categories is as follows:

**i.** Seed Sale: 5%

**ii.** Private sale: 10%

**iii.** Public Sale: 20%

**iv.** Development and Team: 10%

**v.** Marketing and Partnerships: 10%

**vi.** Advisor: 3%

**vii.** Exchange: 12%

**viii.** Hommies Reserve: 10%

**xi.** Liquidity Pool: 20%

## i. Seed Sale Details:

During the seed sale phase, early contributors can purchase Hommies Token under the following terms:

* Minimum Purchase: Contributors can acquire a minimum of 5000 USDT worth of HOM.
* Maximum Purchase: The maximum limit is set at 15000 USDT per wallet.
* Initial Price: 1 HOM = 0.002 USD.
* Lock-up Period: Initially, 25% of the purchased tokens will be released on the launch day. The remaining tokens will be unlocked in monthly increments over a 6-month period, based on trading volume.

## ii. Private Sale Details:

The private sale phase is tailored for selected participants contributing to the project:

* Minimum Purchase: Participants can buy a minimum of 1000 USDT worth of HOM.
* Maximum Purchase: The maximum cap is 5000 USDT per wallet.
* Initial Price: 1 HOM = 0.0028 USD.
* Lock-up Period: Similarly, 25% of the acquired tokens will be released upon launch, with the rest gradually unlocked over a 6-month period based on trading volume.

## iii. Public Sale Details:

The public sale phase welcomes the broader public to participate:

* Initial Price: 1 HOM = 0.0035 USD.
* Lock-up Period: There is no lock-up period for tokens acquired during the public sale.

## 3. Token Holding Rewards:

HOM holders will be eligible to receive rewards based on their HOM holdings and the duration of holding. These rewards will be distributed periodically.

## 4. Development and Team Allocation:

Tokens allocated for development and the team will vest over a 2-year period, incentivizing long-term commitment and project success.

## 5. Marketing and Partnerships:

Tokens designated for marketing campaigns, partnerships, and exchange listings will foster broader HOM adoption.

## 6. Advisor (3%):

 Advisors provide guidance, connections, and industry expertise. Allocating tokens to advisors compensates them for their contributions to the project's success.

## **7. Exchange (12%):**

: These tokens are reserved for listing the project's token on exchanges. This allocation ensures that the token is accessible and tradable on various platforms.

## **8. Hommies Reserve (10%):**

This reserve is set aside for future use, like development, partnerships, emergencies, or any unforeseen situations. It provides flexibility for the project's ongoing success.

## 9. Liquidity Pool Coin:

To ensure liquidity on decentralized exchanges, a portion of the total supply (20%) is dedicated to a Liquidity Pool Coin.This approach promotes smooth trading and mitigates price volatility.

## 10. Token Burning from Liquidity Pool:

### i. Scarcity

Token burning reduces the token supply, making each remaining token more scarce and potentially increasing its value.

### ii. Community Incentives

Token burning can incentivize community members to provide liquidity to the pool, as they benefit from the increased value of their remaining tokens.

### iii. Value Appreciation

As the supply decreases, assuming demand remains constant or increases, the value of each token may appreciate.

### iv. Economic Efficiency

Token burning can be a cost-effective way to manage token supply, as it leverages the trading fees generated from actual usage of the platform.