Supply Distribution
Last updated
Last updated
We remain committed to ensuring that $GORPLE stands out from the predatory tactics that dominate the memetoken world today. Unlike our competitors, our transparent distribution mechanics set us apart. More of the supply will now be given to the community, while many tokens are locked up forever, ensuring that the community always wins.
The maximum total supply of $GORPLE has been finalized at 680 million tokens, representing a reduction of 320 million from the initial tokenomics. As more tokens are burned daily, the circulating supply continues to decrease, enhancing scarcity.
Once the Gorple Games conclude, the minting function will be disabled, and remaining LP tokens on Solana will be burned, permanently locking the total supply.
One of the most critical components of Gorple's deflationary mechanism is the burning of surplus supply. Recently, 23.24M $GORPLE (6.26% of total supply) was burned, including proceeds from a 1000 SOL buyback and arbitrage trading fees. This reduces the overall supply and ensures that inflation is kept in check. Every transaction also burns a portion of $GORPLE, creating a hyper-deflationary loop.
A total of 250M $GORPLE has been allocated for the Gorple Games. These tokens will be distributed to players during the 70-day game, which has been streamlined to reduce inflation and expedite rewards. As players participate and bridge tokens across chains, they stand a chance to unlock the coveted Gorpless Artifact.
In the Gorple Games, liquidity provision has been simplified with single-sided pools. Players can stake their $GORPLE tokens without having to sell them, allowing them to earn yield while retaining ownership of their tokens.
As part of the community engagement initiatives, 13.74M $GORPLE tokens have been allocated through the Gorpopolis Stimulus Programme. A total of 465 whitelist allocations were distributed to participants, and the tokens will be released in three waves. Players who actively use their first allocation of tokens in the games will be rewarded with the remaining two-thirds in subsequent weeks.
Initially, 10% of the total supply was reserved for team members, but in line with Gorple’s commitment to community-driven success, this has been further reduced. Now, only 35M $GORPLE (3.5% of the total supply) will be allocated to the team, and these tokens will not be distributed until after the Gorple Games, ensuring no influence on the game’s dynamics.
The recent GALXE campaign distributed 20.25M $GORPLE tokens, rewarding participants for their engagement. Additionally, 20M $GORPLE will remain unminted until the conclusion of the Gorple Games, when they will be allocated for community-driven initiatives.