AERE Token Overview
The AERE token is the native utility token of the AERE Network, serving multiple purposes within the ecosystem. As an ERC-20 compatible token as an independent Layer 1, AERE features a deflationary mechanism inspired by Bitcoin's halving concept combined with a transaction fee burning process.
Token Details
- Name: AERE Token
- Symbol: AERE
- Network: AERE Network (Chain ID: 2800)
- Token Type: ERC-20 Compatible
- Total Supply: 2,100,000,000 AERE (2.1 billion)
- Initial Supply: 100,000,000 AERE (100 million pre-minted for marketing, listing and liquidity)
- Mining Supply: 2,000,000,000 AERE (2 billion to be mined through AERE Mining Bot Protocol)
- Decimals: 18
Deflationary Mechanisms
AERE implements a comprehensive deflationary mechanism to maintain scarcity and increase token value over time:
Deflationary Burn Protocol
The AERE Network implements a robust Deflationary Burn Protocol established through multiple channels:
- Transaction Fees: Up to 50% of transaction fees are permanently burned, removing these tokens from circulation.
- Trading Fees: A percentage of DEX trading fees contributes to the burn mechanism.
- Third-Party Fees: Fees from integrated products and services also feed into the burn protocol.
This multi-layered approach creates significant deflationary pressure, especially as network usage increases, effectively reducing the token supply over time.
Deflationary burn mechanism creates continuous reduction in token supply
Bitcoin-Inspired Halving
AERE's mining rewards follow a halving schedule similar to Bitcoin. Every 125 million blocks, the mining reward is reduced by 50%. This creates predictable scarcity and rewards early participants in the network.
| Phase | Block Range | Reward (AERE/block) | Duration (approx.) |
|---|---|---|---|
| 1 | 0 - 125,000,000 | 16.0000 | Phase 1 |
| 2 | 125,000,001 - 250,000,000 | 8.0000 | Phase 2 |
| 3 | 250,000,001 - 375,000,000 | 4.0000 | Phase 3 |
| 4 | 375,000,001 - 500,000,000 | 2.0000 | Phase 4 |
| 5 | 500,000,001+ | 1.0000 | Phase 5+ |
Token Allocation
The AERE Network's total supply of 2.1 billion tokens is allocated through a sustainable distribution model:
Initial Pre-minted Supply Distribution
The initial 100 million pre-minted AERE tokens are distributed for strategic purposes:
Token Burn Simulator
Experience the deflationary effect of AERE's burn mechanism with this interactive simulator.
Halving Rewards Calculator
Calculate mining rewards based on the halving schedule.
Token Supply Comparison
Compare AERE's supply with other cryptocurrencies:
Deflationary through burn mechanism and halving
Capped supply with halving mechanism
Deflationary through EIP-1559 burn mechanism
Utility & Use Cases
The AERE token serves multiple functions within the ecosystem, making it an essential component of the network:
Transaction Fees
AERE is used to pay for transaction fees on the network, creating consistent utility and demand.
Mining Rewards
Miners receive AERE tokens as rewards for validating transactions and securing the network.
Governance
AERE tokens grant voting rights in the DAO governance system, allowing holders to influence network decisions.
Staking
Holders can stake AERE tokens to earn passive income and secure the network.
DEX Liquidity
AERE tokens can be provided as liquidity on DEXes to earn trading fees and liquidity rewards.
Mining Subscriptions
Access to premium mining bot subscriptions requires AERE tokens, creating additional utility.