💰Tokenomics

Our token $ENT is the culmination of our core value. It serves to incentivize platform and community growth. It also will reflect our value as a collective community. Potential $ENT use cases range from yield farms to launchpads and governance.
Official name: Enchanter Coin
Symbol: ENT
Total Supply: 100,000,000
Allocation:
· Dev Team:15%
· Investors and backers:10%
· Consultants:3%
· Foundation:15%
· Community Vault:57%
Foundation and community vault will help us expand our outreach. It will also incentivize community members and provide liquidity for DEX and CEX. As they combine for 72%, the final detailed allocation will be determined through community proposal and voting. (Build Phase)
We aim to deploy Enchanter Coin on Aptos Mainnet by this week. $ENT will then produce output. However, they will not be in circulation until we finish contract audits and other logistics. As $ENT starts to release, a major portion of it will be locked and they will be released according to the token distribution schedule.
$ENT will be produced in 5 phases. The time to complete token release will be 2024 days. You can find details on the daily token release amount during each stage in the table below.

Contract address will be announced once we complete deployment
More details on Enchanter Finance funding and tokenomics will be released later on. Join our official communities for the latest information.
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