Tokenomics

Introducing BID token

BID is the principal governance token of BondBid’s ecosystem. The design of BID tokens is centered on promoting protocol engagement and rewarding liquidity providers, which is essential for maintaining a robust and efficient marketplace.

BID Token Supply Dynamics

The circulation of BID tokens will be dynamic, influenced by vested token releases and the allocation for marketing and strategic partnerships.

The anticipated maximum supply cap for BID tokens is set at 1,000,000,000,000,000,000,000.

Any minting that exceeds this cap is governed by a stringent 28-day timelock to enforce transparency and predictability. Minting above the threshold will be considered only to support new product introductions or liquidity mining initiatives, subject to the approval of the community through a governance vote. This ensures that the token supply remains aligned with user interest and protocol growth.

The composition of BID is listed as follow:

	Supply
Team	20%
IDO	5%
Seed Round	5%
Treasury/Partnership/Marketing	20%
Angel Round	5%
Liquidity Incentives	45%
Total	100%

BID is a BEP20 token on Binance Smart Chain.

The possibility of an indefinite increase in token issuance is under consideration, as adjustments to the economic model and distribution mechanisms are explored