# EURO Token

### Information

* Token Symbol: EURO
* Contract Address: [0x4d0B6356605e6FA95c025a6f6092ECcf0Cf4317b](https://polygonscan.com/address/0x4d0B6356605e6FA95c025a6f6092ECcf0Cf4317b)
* Initial Supply: 210
* Initial Liquidity: 200 EURO + 3000 USDC (10 EURO kept for the pre-launch giveaway)
* Start Price: 15$
* New EURO/block: 0.5
* Max Supply: Unlimited

### Emission Rate

Initial emission rate: 0.5 EURO/block . The emission rate will be adjusted gradually until sustainability is reached.

### Buyingback Burning Mechanism

A 4% fee will be charged at staking in non-EURO pools.\
This is done in order to give an incentive to keep and farm EURO, reducing the overall volatility of the APRs.

* 1% will be used to purchase EURO and be burnt
* 1% is used to bootstrap the ecosystem
* 1.5% will go to supporting Liquidity
* 0.5% allocated to the team members & founder


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