2LYP Tokenomics

Welcome to the official repository for the 2LYP Token — a deflationary utility token designed to power the 2LYP decentralized ecosystem.

This repository documents the economic design and technical structure of the 2LYP Token:

• 📄 Tokenomics report in LaTeX and PDF format
• 💡 Visual graphs for vesting schedules and burn mechanisms
• 🔐 Secure and well-documented ERC20 smart contract
• 📦 Airdrop, faucet, and burn mechanisms
• 🛡️ Access control mechanisms built in

🧾 Token Overview

Property	Value
Token Name	2LYP Token
Symbol	2LYP
Total Supply	10,000,000 (10 Million)
Initial Supply	500,000 (5%)
Max Supply	10,000,000 (Capped)
Decimals	18
Type	ERC20 (custom)
Network	Polygon Amoy Testnet
Burn Rate	1% Quarterly deflation + 2% on transfer (default)

📉 Token Distribution

• Team & Founders: 20% (2,000,000 tokens)
• Advisors: 10% (1,000,000 tokens)
• Investors: 15% (1,500,000 tokens)
• Community & Ecosystem: 45% (4,500,000 tokens)
  • Airdrops: 10%
  • Liquidity Mining & Staking: 20%
  • Community Rewards & Incentives: 7.5%
  • Ecosystem Development: 7.5%
• Reserve Fund: 10% (1,000,000 tokens)

📆 Vesting Schedules

Team, advisors, and investors follow structured vesting schedules with cliffs and monthly releases.

Team Vesting

• Total: 20% (2,000,000 tokens)
• Cliff: 6 months
• Vesting Period: 24 months
• Monthly Release: ~83,333 tokens/month

Advisors Vesting

• Total: 10% (1,000,000 tokens)
• Cliff: 6 months
• Vesting Period: 10 months
• Monthly Release: 100,000 tokens/month

Investors Vesting

• Total: 15% (1,500,000 tokens)
• Cliff: 3 months
• Vesting Period: 12 months
• Monthly Release: 125,000 tokens/month

📊 See vesting visuals in 2LYP-Tokenomics.pdf

Deflationary Model

• 🔁 Quarterly Burn: 1% of the total supply burned every 3 months
• 🔥 Transfer Burn: 2% of each transaction is burned (default, configurable)
• 🔍 Transparent and auditable on-chain
• 📉 Results in decreasing supply over time → increased scarcity

🎁 Airdrop

• Total Allocation: 10% (1,000,000 tokens)
• Distributed over multiple rounds
• Eligibility based on early participation and project-defined criteria

🛠 Smart Contract

The 2LYP Token is implemented as an advanced ERC20 smart contract with added deflationary mechanics, faucet minting, vesting schedules, and airdrop logic. It is built on top of OpenZeppelin’s secure libraries.

Key Features:

• Quarterly Deflation

  Manually trigger a 1% burn every 90 days via triggerQuarterlyBurn().

• Ownership & Supply Cap

  Only the owner can mint tokens, up to the defined MAX_SUPPLY.

• Faucet Minting

  Users can claim fixed test tokens at intervals via faucetMint(), with cooldown and drip settings adjustable by the owner.

• Airdrop Claim System

  Owner can set eligible users and token amounts; users claim via claimAirdrop().

• Vesting Logic

  Owner sets custom vesting schedules per user, with cliffs and durations. Users call releaseVestedTokens() to unlock vested tokens.

• Token Rescue Mechanism

  Owner can recover wrongly sent ERC20 tokens (excluding this token) via rescueERC20().

Full Tokenomics

Refer to 2LYP-Tokenomics.pdf for:

• Full supply details
• Allocation rationale
• Vesting models
• Deflationary graph
• Governance plans
• Utility use cases

License

This project is licensed under the MIT License.

Authors

Developed and maintained by 2LYP Computations