NACO is the utility token of the Nacoswap platform and has the following use cases:
Governance: NACO token holders will vote on platform parameters to navigate the project’s economics and developments.
Incentives: NACO tokens are used to incentivize user participation in bounty hunting, referrals and other programs in the future.
NFT Suite: NACO tokens are required for NFT minting, staking, auction, trading and more.
System Tax: Users who transact with NACO tokens will contribute to dividen pool and charity.
Name: NACO Swap Token
Smart Contract Address: TBA
Total Supply (100%): 21,000,000,000 NACO
Destruction of NACO
When a user transfers NACO token, 2.5% trading fees of the transferred amount will be deducted, 0.5% of fees will be directly burned, 1% to Charity wallet, and the remaining 1% will be transferred to the Dividend Pool.