Grip AI
  • Introduction
  • Getting Started
    • Quick Start: User
    • Quick Start: Creator
  • Core Features
    • AI Agents / Characters Creation
    • Monetization
    • Community-driven AI Interactions
    • Deflationary & Sustainability
    • Security and Privacy
    • Community & Verified AI Agents
  • Decentralized Revenue
    • AI Creator Program
    • Ambassador Program
    • Staking Program
    • Buying & Selling AI Agents
  • Tokenomics
    • Use Case of GRIP Token
    • ERC20 Token
    • Token Distribution and Allocation
    • Energy System for Interactions
  • Blockchain
    • Why Ethereum?
    • Why Bittensor?
    • Mining Subnet
  • RoadMap
    • Roadmap & Future Developments
  • FAQ
    • General Questions
    • GRIP Token & Economy
    • Monetization & Earning
    • Security & Privacy
    • Staking & Sustainability
    • Participation & Future Plans
Powered by GitBook
On this page
  1. Tokenomics

ERC20 Token

The GRIP token is implemented as an ERC-20 token on the Ethereum blockchain due to its proven security, compatibility, and extensive ecosystem support. ERC-20 is the most widely adopted token standard, ensuring seamless integration with wallets, exchanges, and DeFi applications.

Key Reasons for Choosing ERC-20

  1. Security & Reliability – The ERC-20 standard is well-audited and has been used for numerous successful token projects.

  2. Interoperability – ERC-20 tokens are supported by most Ethereum-based platforms, including exchanges, liquidity pools, and decentralized applications (dApps).

  3. Smart Contract Flexibility – Allows for the integration of tax mechanisms, staking, and automated incentives without requiring a custom blockchain.

  4. DeFi & Liquidity – ERC-20 tokens can be easily listed on DEXs (like Uniswap) and CEXs, enabling smooth trading and liquidity provision.

  5. Ease of Use – Users can store and manage GRIP using wallets like MetaMask, Trust Wallet, and Ledger.

GRIP Token Mechanics & Tax Integration (4% Tax Model)

To ensure the sustainability and long-term development of the Grip AI ecosystem, every transaction (buy, sell, or transfer) of the GRIP token will incur a 4% tax. This tax is strategically allocated to different areas of the project to maintain growth, development, and infrastructure stability.

Breakdown of the 4% Tax:

  • 1% Partnership Fund – Used for strategic collaborations, marketing, ambassador programs, and onboarding new partners to expand Grip AI’s reach.

  • 1% Development Fund – Allocated for continuous platform improvements, AI model upgrades, security audits, and innovation within the ecosystem.

  • 2% Infrastructure Coverage – Supports server costs, Bittensor subnet rewards for computational power, and maintaining decentralized AI processing.

Advantages of the Tax Model

  • Sustainable Liquidity – Ensures that trading remains fluid, reducing volatility and price manipulation risks.

  • Ongoing Development Funding – Provides continuous financial support for Grip AI’s expansion.

  • Deflationary Pressure – The burn mechanism gradually decreases total supply, increasing token scarcity over time.

GRIP Token Details

  • Token Standard: ERC-20

  • Blockchain: Ethereum

  • Total Supply: 1,000,000,000 GRIP

  • Transaction Tax: 4% (Partnership, Development, Infrastructure)

  • Use Cases: Purchasing Energy, Incentives, Swapping for Computational Power (Bittensor Subnet), Staking, AI Agents Marketplace and Governance (future implementation)

  • Wallet Support: MetaMask, Trust Wallet, Ledger, and other ERC-20 compatible wallets

  • Liquidity & Exchangeability: Tradeable on DEXs like Uniswap and planned integration into CEXs for broader accessibility

By implementing the GRIP token as an ERC-20 asset with a 3% tax model, Grip AI ensures sustainable tokenomics, stable liquidity, and long-term ecosystem support while keeping the infrastructure decentralized and secure.

PreviousUse Case of GRIP TokenNextToken Distribution and Allocation

Last updated 3 months ago