🪙Tokenomics
Ticker: $SOY
Total Supply: 50,000,000
The utility of $SOY encompasses several key features:
Revenue Sharing: A significant portion of the fees generated by SoyBot trades is allocated to revenue sharing. This means that token holders may receive a share of the profits generated from the bot's trading activities.
Reduced Fees: Holding $SOY also offers reduced fees up to 50%. This can make trading more cost-effective for users, encouraging more frequent use from $SOY holders themselves.
Boosted Referral Rewards: Another utility of $SOY is the enhancement of referral rewards. Holding or using $SOY could potentially increase the rewards one receives for referring new users to the platform
Deflationary Mechanism Through Quarterly Burns: a small portion of the fees are earmarked for being burned quarterly. This mechanism reduces the total supply of $SOY over time, increasing its scarcity.
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