🧙‍♂️$SAGE Tokenomics

The $SAGE Token Economics

$SAGE Tokenomics

Total Supply:

• 33,000,000 $SAGE tokens

Distribution

1. Team and Advisors: 15% Vested over 24 months with a 6-month cliff. (Equivalent to 4,950,000 $SAGE tokens)

2. Liquidity and Exchanges: 10% For providing liquidity on decentralized and centralized exchanges. (Equivalent to 3,300,000 $SAGE tokens)

3. Community and Marketing: 15% For community engagement, airdrops, and promotional activities. (Equivalent to 4,950,000 $SAGE tokens)

4. Reserve: 10% To handle unforeseen circumstances or opportunities. (Equivalent to 3,300,000 $SAGE tokens)

5. Token Sale: 9.09% Allocated for the initial token sale. (Equivalent to 3,000,000 $SAGE tokens)

6. Reward Pool: 40.91% For rewards in Newsage X3 and Newsage X6, as well as yield farming. (40.91%, equivalent to 13,500,000 $SAGE tokens)

Note: The distribution is subject to changes based on market conditions ahead of the token release.

Utility:

• Governance: token holders can propose and vote on changes to the platform.

• Rewards: Users earn tokens in Newsage X3 and Newsage X6.

• Staking: Stake tokens to earn additional rewards.

• Payment: Use $SAGE for registration and buying levels on a new DeFiMatrix.

Governance Voting

With $SAGE you can vote on the following parameters in the Newsage Ecosystem:

1. Score Calculation Parameters:

   • Minimum Score Threshold (minimumScoreThreshold): This threshold affects users' eligibility for claiming rewards.

   • Core Per Score Point (corePerScorePoint): Determines how much reward a user gets per score point. Voting on this parameter could adjust the reward distribution.

2. Reserve Percentage (reservePercentage): This determines the portion of the reward pool that is reserved and not claimable. Governance voting could adjust this to balance between immediate rewards and long-term sustainability.

3. Minimum Reward (minimumReward): Setting a floor for the minimum reward claimable can be crucial in ensuring that rewards are meaningful even for users with lower scores.

4. Cooldown Period (userCooldown): This is the period that must elapse before a user can claim rewards again. Voting to adjust this period could balance between incentivizing active participation and preventing abuse.

5. Contract Functionality Enhancements or Changes: Votes could be held to introduce new functions or modify existing ones, adapting the contract to evolving needs or opportunities.

Revenue Streams for Sustainability:

• Reward Pool: A small percentage from the reward pool goes into either buying back of $SAGE or more liquidity provision which give long term stability of the SAGE token.

Claiming Past $SAGE Rewards

After the Newsage Token Reward is activated, token rewards will become available for users who have registered and purchased levels on the platform. These can be claimed on the token page. Once the token reward system is activated, there will be token rewards for the purchase of new levels. Rewards for levels bought previously can also be claimed on the token page.