# Tokenomics

#### SHELL

<figure><img src="/files/PkSCiz1LKp2uiFv59Xxd" alt="" width="188"><figcaption></figcaption></figure>

&#x20;Meme coin DEXs are characterized by significantly higher trading volumes compared to traditional DEXs. By providing liquidity to a pool within the DEX, users can earn transaction fee rewards based on their LP ownership share in the pool. The higher the trading volume, the greater the accumulated fee rewards. Transaction fees are deposited into the pool and can be withdrawn, including accrued fees, based on the exchange rate at the time of withdrawal. (50% of the transaction fees are allocated to LP providers, while the remaining 50% is used for SHELL buybacks.)

The AquaSpace ecosystem is built on a deflationary tokenomics model.

Meme coins that successfully migrate can be deposited into AquaSpace DEX to receive rewards. All transaction fees, excluding LP rewards, are fully allocated to SHELL buybacks, driving SHELL's deflationary mechanism.

As the PumpSpace ecosystem grows, the scale of SHELL buybacks will increase over time.

Additionally, no SHELL is allocated to the team in this process.

#### **SHELL Contract Info**

| **Property**         | **Value**                                  |
| -------------------- | ------------------------------------------ |
| Name                 | Shell Token (Stargate)                     |
| Symbol               | SHELL                                      |
| Format               | Fungible-Token(ERC20)                      |
| Total Supply         | 7,000,000,000                              |
| Contract (Avalanche) | 0xaD4CB79293322c07973ee83Aed5DF66A53214dc6 |
| Contract (Kaia)      | 0x173349097266d1a8f7b8eef3e991043044a8e7ab |

#### **SHELL Token Distribution**

| Category             | Ratio  | Supply (SHELL) |
| -------------------- | ------ | -------------- |
| Pre Sale Volume      | 2.86%  | 200,000,000    |
| VC (Core Backer)     | 5.71%  | 400,000,000    |
| Growth\&Strategy     | 17.37% | 1,216,000,000  |
| Ecosystem Incentives | 74.06% | 5,184,000,000  |
| Total                | 100%   | 7,000,000,000  |

* **Pre-Sale Volume (2.86%, 200,000,000 SHELL):** Distributed through CLAMBANK as a 1:1 exchange with KRILL.
* **VC (Core Backer, 5.71%, 400,000,000 SHELL):** Allocated to key institutions driving ecosystem growth. Subject to a 6-month lock-up, followed by linear distribution over 15 months.
* **Growth & Strategy (17.37%, 1,216,000,000 SHELL):** Reserved for strategic initiatives, such as listings and PumpSpace's growth activities. These funds will not be used for operational expenses.
* **Ecosystem Incentives (74.06%, 5,184,000,000 SHELL):** Dedicated to rewarding community contributions to the PumpSpace ecosystem. A total of 864,000 SHELL will be mined daily and distributed over 6,000 days.
* **Contributors (0%):** No allocation is designated for the PumpSpace team.

#### Ecosystem Incentives

| Ecosystem Incentives | Ratio   | Supply (SHELL) | Lock-up |
| -------------------- | ------- | -------------- | ------- |
| - SHELL Staking      | 5.00%   | 259,200,000    | 7 Days  |
| - BWPM Staking       | 20.00%  | 1,036,800,000  | -       |
| - ADOL Staking       | 20.00%  | 1,036,800,000  |         |
| sBWPM-SHELL          | 6.00%   | 311,040,000    |         |
| sADOL-SHELL          | 6.00%   | 311,040,000    |         |
| SHELL-USDT           | 4.00%   | 207,360,000    |         |
| PEARL-SHELL          | 4.00%   | 207,360,000    |         |
| BOOSTING POOL        | 35.00%  | 1,814,400,000  |         |
| Total                | 100.00% | 5,184,000,000  |         |

**BOOSTING POOL:**

The trading volume is measured over a 24-hour period, and the top 35 pools with the highest trading activity each receive 8,640 SHELL daily. The distribution takes place at the following times:

* **9:00 AM KST** (Korea Standard Time, UTC+9)
* **12:00 AM UTC**

#### **Initial Token Price**

1 SHELL = 0.001 usdt


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