# tokenomics

## &#x20;Ethereum Beta Tokenomics.

![](/files/-MIaTxOh1pOPzHh-3AIz)

As  Uniswap UNI Governance Token  launch has offered us is a view of how using tokenomics you can make a fairshares distribution for the value added when is needed.

The definition of a fairshare distribution model through Tokenomics is the aim of the Ethereum Beta DAO launch.

We have learn from the firsts DAO experiences, the good and the bad things we can do and we aim to offer something nice, fair, and useful.

**yield.finance** smart Vault idea is good when you use **zapper.fi**

We want to get all we want.

We want to do nice, fair and useful tools for smart integration of best We3.0 tools and services ( exchange, swap, campaigns...)&#x20;

Ethereum beta is a cooperative owned project

## The Social Operative System (SOS)&#x20;

Proposal that define the rules of the Community are the following:

```
SOS = FairShare Model(include:all stakeholders)
Stakeholders:
    Founders  earn 30% Governance Tokens 
    Investors earn 30% Governance Tokens
    Community earn 30% Governance Tokens
    Users earn 10% Governance Tokens
    
 Governance:
     Roles
         Gardian = highest Skills Reputation ( form community)
         Founder = fair exit split model = PoolExitCurve
         Investor= ones account one vote For Votings  
         User= if 1% then one account one vote 
     Votings
         proposal = one vote
         vote type
             benevolent dictator
             minimum
             10% aproval
             20% aproval
             30% aproval
             40% aproval
             51% aproval
             75% aproval
             90% aproval
             100% aproval
         Timeclock
             Start vote
                 1 hour vote
                 1 day vote
                 3 day vote
                 5 day vote
                 7 day vote
                 15 day vote
                 1 month vote
             Finish time
         Result
             % aproval
             final result
             Next step
    Next step
        New proposal
        
        Review proposal             
                 
             
```

## **Fair Shares model inspiration:** we are a cooperative owned project.

![](/files/-MIahbYItfGYxGL4QrsB)

We want to be fair and smart with all stakeholders.

Defining a fair rules that reward to all people that add value in one or another way we consider is value.

And many others specific stakeholders that help to develop an antifragile&#x20;

We design a DAO to facilitate the Cooperation of 4 main stakeholders:

Founders that make possible Ethereum Beta Project.

## Basic Tokenomics:

![](/files/-MIaiINGpC0lAVHVjEIp)

There will be 21.585.055 ERC20 no mintable Governance Tokens.

This tokens will allow to propose new strategies and vote.

100.000 ETBA  Fixed Supply Tokens started that will convert to 2.158.505,5 governance tokens. The 10% of the total supply. We allow this tokens to be added as futute right of vote.

This is the 10%&#x20;

You can get ETBA at [ethereumbeta.com](https://ethereumbeta.com). You need the Ether and Metamask extension Wallet for ERC20 & BEP20 Tokens management.&#x20;

## Contract deployer

![](/files/-MIaiYHfPK2vKUymQ4Wo)

Deployer  From tish Smart contract we deploy the ether . <https://etherscan.io/address/0xbe29850b0ceb67fdd242410448c58876c8a40c57#tokentxns>

This contract receives the Ether from de presale

This Ether is used to deploy new contracts

Soon we will add the deployer contract for Binance Smart Chain.

Form this contract we deploy our services and create new tokens.

## ETBA convertible Token Presale

![](/files/-MIajtfmu4xQDb1S3mw7)

## Presale of 100.000 ETBA Tokens

<https://etherscan.io/token/0x4461762456623fBFB2e605bdC7639405e5D2cFeA>

When you buy ETBA accounts with your Metamask account you will be invited to create an you presales investor account at app.ethereumbeta.com.

From this account you will be able to see your investments.

We suggest you to keep this account open because we will send you the ETBA Tokens&#x20;

10% of them will be given to all ETBA token holders through a way to be defined like a Uniswap swap like service.

This means this 100.000 ETBA Tokens will convert to 2.158.505,5 Ethereum Beta governance Tokens.

ETBA Tokens have a fixed price of 1,5€

If you want to start using them to get profit you can add it to the [ETBA/USDC  Uniswap liquidity pool](https://uniswap.info/pair/0x46f158432730f51abb899f7531f15116a3fd8159) and you will your % of the pool Uniswap fees reward that is a 0.03%.&#x20;

>

At the Genesis Launch of the DAO There will be 4 Pools for the distribution of the Governance Tokens.

## &#x20; Governance Tokens Staking Pools

### **Founders Shares Pool**

```
Founder Shares = 30 % Governance Tokens
```

All Contributors that invest at the founder Round form July 15 2020 til December 31 2020

This are shares that will be allocated to the accounts of the developers of the MPV and launch the DAO.

&#x20;Requested Deliverables: Launch DAO, documentation,  MPV.

Requested Skills: Full Stack  cross chain development. Product development. Marketing Strategy and launch. Media creation.

The Dao Will launch when the Presales is reached and the MPV is launched and the source codes of the ethereum core is audited by the community.

The Community launch is also the mission of the founders.

We are API's lovers and love to offer the best user experience for the joy of he descentaliced agile world that with DeFi crazy moment we see  how disruptive this may be for the Fintech ecosystem.

### **Investor Shares Pool**

&#x20;A  20% of all total Governance Tokens will be sold  in 2 ways, at, the presale and as a Liquidity pool provider at Uniswap or other pools that the DAO Strategy gardians may add to the vaults were the collaterals may be locked for best security and bonus rewards

```
Investor Shares = 30 % Governance Tokens
```

#### **Presale Convertible Tokens** info

A presale of the 10% of the Tokens  a fixed price of 1.5€. Sales start 15 September and finish when the 100.000 ETBA tokens or December 31 23:59:59. A additional 10% of the fixed supply of governance Tokens may be sold through liquidity pools, exchanges by asset management services providers of chain , cross chain DeFi and CeFi & web3.0 projects that use smart contracts for agile development of smart projects.

Ethereumbeta will focus on   development  of easy services for final user and developers&#x20;

Ther core development will focus on add new web3.0 DeFi, CeFi and asset management services for final users and developers\*

\*Developers have access to easy snippets creations.

This makes easy to :

**Final users**: Earn and trade their tokens&#x20;

**Startups**: Launch your token.

**Sales and Marketing**: Easy Token sales integrate on their digital media your own tokens sales, exchange, pool, app view&#x20;

**Developers**: Create and add snippets. That's all.

&#x20;The utility of [app.ethereumbeta.com](http://app.ethereumbeta.com) and all the new products that will be added by the community will help spread a easy way to:

for easy creation, management and use  of smart contracts and tokens to create, earn and swap all kind of assets.

### **Community Shares Pool**

```
Community Shares = 30 % Governance Tokens
```

The community DAO governance tokens minting system fill focus on the rewards of the  integration off best chains and  tokens reagh Strategic objectives of the Community.

We talk about community because Governance Tokens help spread cooperative organizations in form of smart mining, stacking, investment and utility pools.

The focus of the Community will be to develop the best controllers, views and strategies for the web 3.0 that is here.

We reward with The use of  smart contracts, cross chain services and other   cost transactions  reducers facilitate the use of blockchains and all kind of triple accounting systems that help reduce costs off agreements and value transactions.

Al value contributions to core project development will be rewarded with a Bonus of x4 x3 X2 at the milestones to be defined. The Grant will be here

This means that if a Grant is rewarded with 1000 shares and this grant has a x3 Bonus you'll get 3000 shares

Shares are a unit of value that can be paired with $, € or another unit of value you may prefer to use.

### **User Shares Pool**

```
User Shares = 10 % Governance Tokens
```

&#x20;User can earn Ethereum Beta governance delivering for grant rewards that will be published at [trello.timefounder.com](http://trello.timefounder.com/).

## Tokens minting&#x20;

To be written.

### **PD**

100 T:F's for @mazinguer for finishing this README page.


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