Token
Details about the $ARMR token
Token Basics
Supply and distribution
Armor will be having an initial presale of 50% of the tokens sold in 4 rounds, each round increasing the quantity sold and the price of the token. The presale will have a limit per wallet but the goal is to add as many users as possible on launch day with a max presale limit of $6.58m. 10% of the presale will be used as liquidity and market making and DEX LP will have a 6-month lockup.
Airdrop tokens will be claimable by holders on launch day. The team will have a 5% released 6 months after TGE with a 3-month linear vesting.
Use of proceeds is as follows:
Token distribution
Vesting Schedule
AI Units
The ARMR token is used to meter the use of Armor AI, it consumes AI units (a mix of compute and data units). Users will spend the ARMR token every time they interact with the AI assistant. Fees and pricing chart to come.
There are three ways users can pay with AI units. First, you have ARMR in your wallet, and it will be debited as you use it in the wallet as you use Armor AI. The second option is to stake a significant amount of ARMR tokens (8 million), which will entitle you AI units to spend. Third, is through a subscription service similar to web2 products where you pay a monthly fee and can use Armor Wallet.
Example Fees (Not Final)
Fee
0.1 ARMR
0.5 ARMR
0.7 ARMR
1 ARMR
1 ARMR
ARMR Token Gating
Users that hold large amounts of ARMR are rewarded with almost unlimited AI units. These discounts are calculated on a monthly basis and rollover (non-cumulative) month by month. For the discount to be applied the users need to have staked ARMR tokens.
Discount on the first 1000 queries (NOT FINAL)
Discount
100%
Wallet Subscription
Users has a second way to use Armor Wallet which is a simple monthly subscription fee. With a subscription you get a fixed amount of Armor AI credits per month so you don't have hold the ARMR token at all. The fee gives users access to special rewards and the higher tiers have a discount on their trading fees.
Subscription Fees (NOT FINAL)
Monthly Fee
$49
$79
$119
$349
Monthly w/referral
$39
$59
$99
$299
AI Units
10,000
30,000
100,000
300,000
Crypto Rewards
Small
Medium
Large
X Large
Trading Fee
1%
1%
.85%
.65%
Last updated