# 3. Token Economics APRIL Token is deployed on the below blockchains under the ERC20 token standard. **Name:** April Token **Symbol:** APRIL **Decimal:** 18 **Max Token Supply:** 125,000,000 Our token supply is shared across all chains that form our multi-chain network. **Token Addresses:** **BNB Chain:** 0xbfea674ce7d16e26e39e3c088810367a708ef94c **OpBNB:** 0x7EE8AF92C7cc4AeEa1fEFe6B7b78D9b13eff0671 **Celo:** 0x18719D2e1e57A1A64708e4550fF3DEF9d1074621 **Polygon:** 0x18719D2e1e57A1A64708e4550fF3DEF9d1074621 **Optimism:** 0x18719D2e1e57A1A64708e4550fF3DEF9d1074621 **Arbitrum:** 0x18719D2e1e57A1A64708e4550fF3DEF9d1074621 **Base:** 0x18719D2e1e57A1A64708e4550fF3DEF9d1074621 **Kava:** 0x18719D2e1e57A1A64708e4550fF3DEF9d1074621 **Avalanche:** 0x18719D2e1e57A1A64708e4550fF3DEF9d1074621 **Moonbeam:** 0x18719D2e1e57A1A64708e4550fF3DEF9d1074621 **Fantom:** 0x18719D2e1e57A1A64708e4550fF3DEF9d1074621 **Mantle:** 0x18719D2e1e57A1A64708e4550fF3DEF9d1074621 **Linea:** 0x18719D2e1e57A1A64708e4550fF3DEF9d1074621 **Scroll:** 0x18719D2e1e57A1A64708e4550fF3DEF9d1074621 **Token Audit:** Completed **Auditor:** QuillAudits **Results:** **KYC:** ![](https://3505906887-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MXgjXcdBnf9wfGibY6y%2F-MaOh--meCrT9IoTGUnQ%2F-MaOidvMuxXATiZK0r4k%2FScreen%20Shot%202021-05-23%20at%2010.55.49%20AM.png?alt=media\&token=bded185f-d082-46d6-85f4-3c5f5749b257) **Coinmarketcap:** **Coingecko:** **Trading:** We are currently trading on the below exchanges. Pancakeswap BSC: Pancakeswap OPBNB: Lbank: Bilaxy: Uniswap Polygon: Uniswap Celo: ### **Governance:** APRIL governance token is the primary use case and method for holders to guide the direction of April. The governance aspect is critical in enabling April to grow and prosper over the years to come. We are building April for long term success and we hope the community as a whole will make effective decisions that maximize that possibility. The APRIL governance token allows each holder to play their part in facilitating the process of effective decision making via voting. ### **Token Distribution Breakdown:** The total APRIL token supply base is 125,000,000. Token distribution is as follows. | Token Model | % | Number of token | | -------------------------------------- | --- | --------------- | | **Marketing Fund (Long-term)** | 26% | 32,250,000 | | **Development Fund (Long term)** | 20% | 25,000,000 | | **Ecosystem Development (Reap)** | 10% | 12,500,000 | | **Ecosystem Rewards** | 10% | 12,500,000 | | **Liquidity Mining Program** | 10% | 12,750,000 | | **Airdrops & Promotions (Short-term)** | 11% | 13,500,000 | | **ILO/IDO** | 6% | 8,000,000 | | **Lock Liquidity Pool Tokens** | 5% | 6,500,000 | | **Seedswap** | 2% | 2,000,000 | ### **Long-term Token Lock & Release Schedule:** To maintain strong tokenomics and not flood the market with unnecessary supply we shall implement a multi-year token locking schedule. | Number of tokens | Token release schedule | | ---------------- | ------------------------------------------------------------------------------------------------------ | | 25,000,000 | April, 2021 (20% circulating supply) | | 18,500,000 | October, 2021 (**3.5 million airdrop allocation to be burned and equals 2.8% of total token supply**) | | 15,000,000 | April, 2022 | | 15,000,000 | October, 2022 | | 17,000,000 | April, 2023 | | 17,000,000 | October, 2023 | | 17,500,000 | April, 2024 | We have used Wault Finance as our long-term token locker, please see the below links for further details. **Wault Finance**: [https://wault.finance](https://wault.finance/) & **Wault Token Locker**: **Lock transaction for 18,500,000 APRIL** **Lock transaction for 15,000,000 APRIL** **Lock transaction for 15,000,000 APRIL** **Lock transaction for 17,000,000 APRIL** **Lock transaction for 17,000,000 APRIL** **Lock transaction for 17,500,000 APRIL** ### **APRIL Token Buy & Burn Mechanism:** All revenues generated minus expenses will be used to buy APRIL tokens from the market. Any APRIL tokens bought from the market will be **burned** to reduce the circulating supply base and contribute to the appreciation of token value. APRIL token is not a security nor does it provide dividends, profit sharing or any other monetary entitlements.\
### **Marketing & Development Fund:** We hold marketing & development efforts in high regard so that is why we have set aside large portions of the token base for these efforts over the next coming years. 26% will be allocated for our marketing efforts which will be a priority for making April a leading project in this space. 20% will go towards development work of the project which will be lean, impactful and innovative so that we can maintain our competitive edge.
### **Early Members SeedSwap & ILO:** Centralized Seedswap via BNB <> APRIL direct token swap. Seedswap was completed on April 15th 2021 with **44.85 BNB** being swapped for APRIL tokens. Decentralized ILO/IDO, we will be offering 6% or 8,000,000 tokens. Our IDO is completed. It was done on Unicrypt Launchpad with **445 BNB** being swapped within 3 minutes for April tokens. The market on Pancakeswap was initiated upon completion of the IDO. ### **Liquidity Mining Program:** Farming of APRIL tokens is now closed and will be rolled into our REAP in app staking programs. ###