An Inflation Protected Native Coin: TAN
TAN is the native utility token of the TAN, designed to fuel the ecosystem with high scalability, low transaction costs, and robust security. With a capped supply of 30 billion coins and an Inflation Protection Model, TAN offers a sustainable and value-driven solution for payments and rewards.
Token Specification
Inflation Protected
TAN coin is inflation protected with fewer tokens entering into circulation, continuously burning, subsidised burning and halving.
30 Billions Max Supply
The TAN coin will have a capped supply of 30 billion tokens. Although through burning supply is set to decrease.
Utility Token
TAN is a utility token and is used by the TAN blockchain to pay transaction fees for processing transactions.
Key Economic Features
The total supply of TAN is capped at 30 billion TAN tokens, ensuring that no more tokens will ever be minted beyond this limit. This prevents inflationary pressures that could devalue the token over time.
A portion of the TAN supply will be minted as rewards for validators and network participants over time. The distribution of these rewards is governed by the BPoS consensus.
TAN's subsidy layer promotes network growth by rewarding key participants. It includes incentives for burning tokens, validators, stakers, holders and developers contributing to the network's growth.
TAN Utility
Staking
TAN holders can stake their tokens to secure the network and earn rewards.
Governance
TAN holders can participate it's unique equal voting based governance.
Smart Contracts
TAN powers apps that automatically executes the term offer contract when it's conditions are met.
Payment System
TAN can be used as payment mode without any hindrance globally.
Transaction Fees
TAN is used to pay for transaction fees on the TAN network.
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