💲Tokenomics

The tokenomics of $HOOT are meticulously crafted to ensure fairness, stability, and long-term growth. Its distribution model promotes inclusivity, while supply dynamics balance scarcity and liquidity. Innovative inflation/deflation mechanisms and the utility within the ecosystem further enhance its value proposition, fostering a thriving community and sustainable development.

HootChain Tokenomics 🌴

• Maximum supply: 9.95 million HOOT

• Quarterly reward reduction: ~6.25%

• Initial block reward: 5 HOOT

• Block frequency: 60 Seconds

• Masternode collateral: 3000 HOOT

Block rewards will be divided as follows:

• Miners: Variable%

• Masternodes: Variable%

• Development fee: 5%

• Superblock rewards: 2.5%

The block reward distribution will gradually shift over the next seven months to a permanent split between miners and masternodes. It will start with 60/40 split between miners and masternodes, each month, the proportion allocated to miners will decrease, while the portion for masternodes will increase, until they reach their final allocation of 20/80 respectively. The reward allocation for Masternodes is set to increase every month untill final ratio is achived.