THE STOBOX TOKEN:DEMAND,SUPPLY AND CIRCULATING VOLUME

STOBOX UTILITY TOKEN

As tokens come and go,this one has come to stay. Stobox token is a utility token, with a ticker of STBU, based on the smart contract of the Ethereum blockchain.Total supply is currently 100 million after 900 million was burned from the previous 1 billion tokens. It will be released gradually based on the demand for tokens, with a circulating supply of about 33 million. This circulating supply on the first month of exchange operations should not exceed 6M STBU.But we should all know that STBU is not classified as securities under any regulation by any SEC and thus legally the Stobox team need not provide any promises of future token appreciation. The token is issued as a “consumer good” used to create additional incentives for the users of our products, mainly the crypto exchange.

A little background history won't hurt…
Stobox is an Estonia domiciled, award-winning blockchain based project that provides technology tools and consulting services to streamline all operations with digital assets and tokenized securities with high-end tokenization services and digital securities for business. Stobox offers a set of technology tools as well as industry and legal expertise in the fields of fintech and digital securities. All these services are required to be paid for by the Stobox Utility Token.

*Market Forces on Stobox utility token#
Stobox introduces a clear vision for tokenomics and financial model to support it, which is based on a set of assumptions that come from research and market experience, and will be updated based on real-life data after the launch in the first quarter of 2021.

USE CASES

It may be used solely for privileged access and lower fees when using the products like Crypto Exchange, DS Dashboard and DS Swap.
The total Stobox Token supply will be released based on the economics of its users and will adjust projected supply only based on consultations with the community. An initial price of $0.15 due to the nature of a token as a consumer good and not an investment vehicle. However, in practice STBU is freely traded on Probit and other soon to be announced exchanges, so its price may vary depending on the market conditions, in particular mismatch between supply and demand. The first STBU trade was done via Uniswap on September 9th 2020. The initial price was set at 2 cents, whereas Stobox Tokenomics Model projections were calculated with a price assumption of $0.1 per STBU. A month later STBU has 300+ token holders and is traded way higher than the initial price.
Holding does not mean staking. A user has to have a certain amount of STBU tokens to experience low fees and bet additional bonuses. Users will be incentivized to hold STBU as it will provide them with better fee rates.
In this calculation, it is assumed that trading volumes will rise at a certain pace, taken from the practice of other exchanges (~100th place by trading volume). During the first 6 months, High Growth Rate is assumed. After that, it is assumed Low Growth Rate. These figures are only projections and will be adjusted based on the real-life data. These figures do not represent the figures we are aiming to achieve, rather what is realistic to expect based on market practice.
The trading fee revenue would be shared thus:
40% of the trading fees will be distributed as referral commision,
30% remain as a revenue of the exchange.
30% will be burned
The concept of Effective Average Fee is utilized in further calculations provided. It is an average commission that a user spends using an exchange, which takes into account different Membership Ranks.
Standard fee is set to 0.1%. However users can obtain higher Membership Rank, which reduces their commissions.

Staking

To provide our community with even more opportunities for passive income, the project is launching Staking of Stobox Token, where you can stake them and earn rewards according to the amount of your stake.
STBU staking pool size is 1M STBU tokens and will be divided between all the participants according to their stake.
The average general reward of the whole pool will constitute ±400 STBU per hour and your personal reward will depend on the percentage of the pool you own. The bigger the portion of the pool owned – the higher the reward.
However, the reward size is fixed to proportion to the number of participants and their stakes.