Tokenomics

Max Supply

$VOICE - 44,613 $MUTE - To be determined once the NIX swap has completed. Not to exceed ~44,000,000

VOICE

1% fee on all transactions, paid in $VOICE and automatically deducted from the sent amount is redistributed among those providing liquidity for $VOICE on Uniswap. Transaction fees to not apply to tokens coming from Uniswap and the Smart Treasury.

MUTE

1% fee on all transactions, paid in $MUTE and automatically deducted from the sent amount is collected in a vault contract (0xe7ce7b5ee99cb8c1b6872274b9bb4d4c7a646d39), and once 10K has been accrued, redistributed among those providing liquidity for $MUTE on Uniswap. Transaction fees to not apply to tokens coming from the NIX swap contract, Uniswap and the Smart Treasury.

Buy Back and Make

Trading fees on the Mute Switch will likely start at around 0.3%. This fee will be paid in $MUTE and used to market buy both $MUTE and $VOICE from Uniswap and sent to the Smart Treasury where it can then be available for use via successfully passed Governance proposals.

The initial split for buy backs will be as follows: 70% of the DEX trading fees will market buy $MUTE 30% of the DEX trading fees will market buy $VOICE

Governance will have the ability to change all mentioned fee percentages.

Additional Information

You can read more about why we chose this model in the Medium article here.