📈Tokenomics

Step into the Bandit universe - a Zano-based meme coin designed to shake up the game. Bandit’s tokenomics is all about harnessing the wild west spirit: incentivizing users, driving scarcity, and creating an ecosystem where every transaction brings the community closer to a shared treasure.


Core Tokenomics Model

1. Fee Structure and Discounts: Bandit’s Gold Rush

In the Bandit ecosystem, every operation feels like striking gold. Users who pay fees with Bandit coins not only get a sweet deal but also contribute to the legendary coin burns.

In-Wallet Swaps: Trading Loot

Base Fee: 0.3% of the transaction value.

Discount for Bandit Holders:

  • 10% discount if fees are paid in Bandit coins → Effective Fee: 0.27%.

  • Tiered Discounts based on Bandit coin holdings:

Tier 1: Hold 1,000 Bandit coins → 10% discount.

Tier 2: Hold 10,000 Bandit coins → 15% discount.

Tier 3: Hold 50,000 Bandit coins → 20% discount.

Fiat On/Off-Ramps: Bridging Two Worlds

Base Fee: 2.5% of the transaction amount.

Discount for Bandit Holders:

  • 10% discount if fees are paid in Bandit coins → Effective Fee: 2.25%.

  • Tiered Discounts:

Tier 1: Hold 1,000 Bandit coins → 10% discount.

Tier 2: Hold 10,000 Bandit coins → 15% discount.

Tier 3: Hold 50,000 Bandit coins → 20% discount.


2. Coin Burn Mechanism: Into the Fire

Bandit’s coin burn is a spectacle worthy of a gunslinger showdown. Every fee paid in Bandit coins contributes to reducing the supply—a burning process that immortalizes each transaction.

  • Fee Payment in Bandit Coins: Users can opt to pay discounted fees using Bandit coins.

  • Tool Unlock Burn Model: Bandit tools, including the airdrop tool, shared staking, and trade tools, will be unlockable using Bandit coins.

  • Burn Wallet Accumulation: All Bandit coins collected as fees and unlocks are transferred to a publicly visible burn wallet.

  • Scheduled Burns: Coins are burned monthly or quarterly, ensuring transparency and creating consistent events for community engagement.

Example Calculation:

If the wallet generates $1M in monthly fees and 25% of users pay in Bandit coins:

  • $250,000 worth of Bandit coins are collected.

  • These coins are permanently burned, reducing the circulating supply significantly over time.


3. Incentives for Bandit Holders: Rewards for the Brave

Bandit’s tokenomics rewards those bold enough to stake their claim:

  • Fee Discounts: Reduced fees for in-wallet swaps and fiat ramps, encouraging more transactions.

  • Loyalty Rewards: Exclusive perks for long-term holders, such as airdrops, premium features, or higher staking yields.

  • Community Recognition: Leaderboards and badges for top contributors who drive significant burns.


4. Transparency and Community Engagement: A Clear Path to Glory

Bandit ensures transparency in its tokenomics and actively engages the community in its journey to scarcity:

Burn Tracker: A live dashboard on Bandit.city shows:

  • Total Bandit coins burned.

  • Impact of burns on the circulating supply.

Scheduled Burn Events:

  • Regularly publicized burn events with countdown timers to build anticipation.

  • Post-event summaries detailing the number of coins burned and updated supply metrics.

Community Challenges:

  • Goals tied to ecosystem milestones (e.g., burning 1M Bandit coins unlocks exclusive rewards for participants).


5. Gamified Ecosystem: The Thrill of the Chase

Bandit gamifies the user experience to keep the excitement alive:

  • Dynamic Discounts: Adjust fee discounts based on market conditions or ecosystem activity.

  • Burn Milestones: Celebrate significant burn achievements (e.g., "10% of supply burned") with special events or NFT drops.

  • Referral Programs: Encourage users to bring new participants into the ecosystem by rewarding both referrers and referees with bonus Bandit coins.


Bandit’s Eternal Flame

Bandit’s tokenomics aligns with its mission to create a thriving, engaged ecosystem built around utility and scarcity. By integrating fee discounts, regular burns, and community-driven incentives, Bandit ensures long-term sustainability and value for its holders and users. The transparent and gamified approach makes Bandit not just a meme coin but a pivotal part of the Zano ecosystem.

Stake your claim and join the Bandit revolution. Explore more at Bandit.city and be part of the legend!

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