๐Ÿ’šSTA Token Full Detail

Introduction ๐Ÿ‘

$STA Token is the reward and utility token of the TradeSta Exchange, a new type of Exchange where users retain full self-custody control of their assets, yet ultimately will receive the full functionality of a leading CEX (centralised custody exchange). $STA Token is built on the Ethereum blockchain using the ERC-20 standard. Launched on April 29, 2024, it empowers holders by allowing them to share in the net revenue of the TradeSta Exchange.

Problem Statement ๐Ÿ˜ณ

The Crypto exchange market is plagued by custodial issues, with inherent risk from CEX exchanges custodying funds on behalf of users. Furthermore the decentralised exchange (DEX) self-custody enabled crypto exchange market often lacks transparent profit-sharing mechanisms that benefit its users and is hugely expensive compared to CEX trading.

TradeSta aims to address this gap by introducing the $STA token, which brings a transparent and equitable revenue-sharing model to the ecosystem, whilst driving continued development from the original Swap product to enable enormous steps forward in the self-custody trading sector, such as introducing leverage and other key attractive functionality desired by users

STA Token Wallets ๐Ÿ’ผ

StaToken ($STA) Contract

0xC9Ddde2099f17c429236eA471c7115f34CCa2Ee5

STA Token ETH Wallet

0x917f8Bb122B4AA627b9A8F80fAC9f936Fc056bb5

STA Marketing Wallet

0x901fc049fa5b3189d420193640719342C394f69a

STA Token Private Sale Wallet

0x840C4Ce884bdF67A82D45Be281D0207ca0bF2f7C

Benefits for Holders ๐Ÿค›

Profit Sharing & Revenue Commitment

STA token allows holders to share in TradeSta's net revenue. 100% of net revenue is used to purchase STA tokens from the open market.

Equitable Distribution ๐Ÿ‘

Tokens distributed to holders of $1000+ in STA, proportional to their investment.

Community Governance ๐Ÿ‘‘

Emphasizes community ownership, belonging, and mutual success.

Token Functionality ๐Ÿ˜Ž

Revenue Sharing

Holders of over $1000 worth $STA tokens are eligible to receive a share of the net revenue generated by the TradeSta Exchange.

Governance

Holders with $2,500 or more in $STA tokens have voting rights on key platform decisions based on the amount of $STA tokens they hold

Referral and Ambassador Program

A 2% allocation from the marketing wallet supports this program.

Token Economics ๐Ÿ“ˆ

Supply and Distribution

The total supply is 25 billion tokens, all of which are in circulation.

Burn Mechanism

A planned burn of 5 billion tokens over five years, starting in December 2024, to reduce supply and increase value.

Token Unlock Schedule ๐Ÿ”’

No Unlock Schedule: All tokens were unlocked at launch.

Private Sale Unlock Schedule ๐Ÿ”

Tokens bought during the private sale unlock gradually over 12 months, with 25% of the purchased supply released every 3 months.

Token Distribution โ›“๏ธโ€๐Ÿ’ฅ

Marketing Wallet: 10% for marketing

Referral & Ambassador Program: 2%

Airdrop: 5% across two initiatives: 2%: Upon TradeSta ERC20 Swap launch // 3%: Upon TradeSta Leverage Exchange launch

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