📈Tokenomics

Tokenomics the economics behind an SPL token in the nft space. The purpose of this is to explain what the tokens will be used for, how they will work, the total in circulation etc

Token name $Clyde

Total in circulation (July 2022) = 80M Deflationary mechanism - every aspect when using $Clyde on raffles, Clyde future mints, utility and merch will be burned. this means that if you use 210 $Clyde to enter a raffle, this $Clyde will be burnt and therefore will be removed from the $Clyde in circulation.

Based on the project roadmap and overall plan the tokens in circulation within 12 months will be halved bringing the $Clyde total to 40M and increasing the rarity and value of $Clyde.

$Clyde will be used for several aspects of the Clyde Project. SPL Tokens are in no way entangled to the Clyde NFT, they are separate token that has its own value and is rewarded for holding a Clyde NFT. $Clyde is our token which secures you exclusive access to future mints Current affairs