Tokenomics Overview

Ticker: $CONVERGE

Taxes: 5/5

Total Supply: 10 Million Tokens

LP Tax and Burn: 1% of the transaction tax is allocated to the liquidity pool (LP) and is subsequently burnt to reduce supply and increase scarcity.

Burned Supply: To date, 5.37% of the supply has been burned, further emphasizing our commitment to a deflationary token model that benefits our community and holders.

Our tokenomics are designed with a balanced approach to ensure the long-term viability and sustainability of the Converge ecosystem. The strategic reserve of 5% supports our continuous growth, innovation, and the ability to respond to future opportunities effectively. The implementation of a transaction tax that contributes to the LP and the ongoing burning mechanism are crucial steps toward enhancing value for our token holders by creating a more scarce token over time.