# 🔷Javanomics

### **The JAVA token**

The JAVA token is the main token of JavaSwap, it can be used to stake, earn yield on Java Farms and play our awesome games. A lot of JAVA is burnt via the mechanisms described below which decreases circulation and makes JAVA even more scarce. We have created the  token using Polygon (MATIC). There is no current hardcap, but constant JAVA emissions instead. In the future, JAVA’s block rewards  will be decreased in a series of “halvenings'' which create a more deflationary JAVA. However, JAVA currently requires high block rewards to incentivise early purchasers and encourage the provision of liquidity. JAVA was created with the focus to incentivise the community, to pay our community upon providing liquidity and also make farms on Java Farms. In conclusion, JAVA is our token and you can use it to earn JAVA from our pools.&#x20;

Here at JavaSwap, we have a truly open presale that is not private and is available to all.&#x20;

Initial supply: Our initial supply is 10.5 million JAVA. &#x20;

Hardcap: None &#x20;

Presale Token Distribution&#x20;

* 70% Liquidity
* 10% Team
* 9% Marketing
* 5% Treasury
* 6% Development

### &#x20;**Burning**

JavaSwap incorporates a burning mechanism for the JAVA token making JAVA even more scarce, thus increasing its market value even more. Every Monday we do a large amount of our token burn to optimise our equilibrium mechanism of token creation and token burning. This enables us to create the most optimal valuation of our token.&#x20;

We have also created fun games such as Lucky Lotto to support the burning mechanism. A diverse suite of new games will be introduced, further burning JAVA. However, these games are not the totality of our JAVA burning! In the future, new features will also compound the burning, especially highly valuable features such as NFTs!

### **Fees**

Every time a swap transaction is made, a slight fee is incurred upon that transaction. The overall swap fees on our DEX are 0.30% which is allocated in the following ways:\
\
(0.25%) is returned to the Liquidity Pools back to our community of liquidity providers in Java Farms

(0.025%) goes back to the JavaSwap treasury. &#x20;

(0.025%) goes to the buy back and burn.   &#x20;

We ensure that we have a healthy percentage of rewards that go back to our community, that’s why we have a 0.25% fee which is allocated back to our community of liquidity providers in Java Farms. \


### **Anti-whale mechanisms**

For the JavaSwap team and its community, it’s really important that we have a fair presale and distribution mechanism to stop whales from price manipulation. Therefore, we have multiple anti-whale mechanisms in place. If you want to find out more, please check our comprehensive section in the security documentation.&#x20;

### **Vesting Schedule**



![](https://lh5.googleusercontent.com/jtMGdC1RbzPrbEeI63i6PeeMsbBxg3niX3WRrl-GZaLc6ArpEdWWap6E9RDre0RtM8UF0UzexIk5hJC02a2yhJoci7GG7TWzHHeL5Bb3X7_DE8QGcWlOlX1rGCI1pXYkb4AvylWj=s0)

At JavaSwap, different sectors of contributors have different vesting schedules to ensure that the initial hardwork and effort put into by our contributors is fairly compensated. 70% of the budget for each area will be distributed during one year.

**Team’s vesting schedule:** 30% of JAVA was required for the recognition of their hard work for months on end. The other 70% is locked up for a year in anticipation for JavaSwap DAO so we can continue working on JAVA. The 70% is split into 17.5% per quarter throughout the year. \


**Marketing team’s vesting schedule:** The marketing does not have a vesting schedule but will be split and allocated throughout the year. These resources via the marketing budget need to be free as we are using them for the community such as in our 1000 NFT airdrop. The first 30% of our marketing budget is being used to spread our message effectively and to maximise JavaSwap’s brand recognition. Another 30% of the marketing budget is reserved for the community airdrop on the 30th of December. The other 40% is split into 10% per quarter throughout the year.  \


**Developers vesting schedule:** \
30% is paid to the developers straight away as they are the people that created and believed in the project from the start. The other 70% is split proportionally and allocated throughout the year. The other 70% is split into 17.5% per quarter throughout the year.&#x20;
