Then, there is its token, SNORT, which is a multi-chain project on Solana and Ethereum, featuring a dual-chain launch. It exists as both an SPL token on Solana and an ERC-20 token on Ethereum, and many have speculated that it could be the next Breakthrough crypto.
It also offers seamless bridging, staking pools, and full contract audits completed by Coinsult and SolidProof - two highly reliable third parties.
It comes with a fixed supply of 500 million tokens that are pre-minted at deployment, so no further minting will be possible.
As for its 500 million supply, it will be distributed in the following way:
25% will be used for Product Development (125 million)
20% will be used for Marketing (100 million)
20% will be used for Exchange Liquidity (100 million)
10% will be used for Community Rewards (50 million)
10% will be used for Airdrops (50 million)
10% will be used for Treasury (50 million)
5% will be used for Staking Rewards (25 million)
Why Buy SNORT Token?
Snorter’s SNORT token is currently still in presale, but it won’t be for much longer. Once it goes live, it will act as the economic key that unlocks the full Snorter Bot ecosystem. Holding a minimum balance on the blockchain will automatically reduce the trading fee from 1.5% to $0.85%, while simultaneously removing daily sniping limits.
Staked tokens participate in a 25 million token reward pool distributed block-by-block every 12 months, giving a tangible yield to long-term supporters. At the same time, this will signal their commitment to the platform.
In time, the project will also activate the governance module for the holders, allowing them to vote on important decisions and proposals that range from adding new blockchains to adjusting bot fees and treasury spend.
As mentioned, the token is currently in presale, but the ICO is scheduled to end in only a little over five days, meaning that this week is your last chance to buy it at its ICO price of $0.1079.