Token Categories

Fixed Supply Token

Fixed Supply Tokens have a predetermined total supply that does not change over time. Once created, no additional tokens can be minted, and the total supply remains constant.

Characteristics

• Immutable Supply: The total number of tokens is set at the time of creation and cannot be altered.

• Security: Reduces the risk of inflation or manipulation by ensuring no additional tokens can be introduced.

• Use Cases: Ideal for projects that require a stable, unchangeable total token supply, often used for creating digital collectibles, stablecoins, or governance tokens.

Minting & Burning Token

Minting & Burning Tokens allow for the dynamic adjustment of the token's total supply through minting (creating new tokens) and burning (destroying existing tokens).

Characteristics

• Dynamic Supply: The ability to increase or decrease the total token supply.

• Controlled Inflation/Deflation: Useful for projects that need to manage token supply actively, based on certain criteria or events.

• Use Cases: Commonly used in decentralized finance (DeFi) projects for rebasing currencies, algorithmic stablecoins, or tokens with a deflationary mechanism.

Standard Token

Standard Tokens are basic Fiero20 tokens without additional functionalities like minting, burning, or automatic liquidity generation. They represent the most straightforward form of a token.

Characteristics

• Simplicity: Offers the essential functionalities of a token without additional complexities.

• Compatibility: Highly compatible with various wallets and exchanges.

• Use Cases: Suitable for straightforward applications like digital currencies, rewards tokens, or simple utility tokens in applications and games.

Liquidity Generator Token

Liquidity Generator Tokens automatically contribute a portion of each transaction to the token’s liquidity pool, enhancing market stability and reducing price volatility.

Characteristics

• Automated Liquidity: A fraction of each transaction is locked in liquidity pools.

• Reduced Volatility: Helps in maintaining a more stable market for the token.

• Use Cases: Beneficial for tokens that require a consistently high level of liquidity, such as tokens used in high-frequency trading or DeFi platforms.

Baby Token

Baby Tokens typically have a lower total supply and are often community-focused or meme-based. They may include unique features like reflections or automatic yield generation.

Characteristics

• Lower Total Supply: Typically, these tokens have a smaller number of tokens in circulation.

• Community Driven: Often used in projects with a strong focus on community involvement and engagement.

• Use Cases: Suitable for niche projects, community tokens, and experimental or social tokens.

Buyback Baby Token

Buyback Baby Tokens include an automated buyback feature, where a portion of the transaction fees is used to buy back tokens from the market, often burning them afterward.

Characteristics

• Automated Buyback: Regular buybacks of the token from the open market using collected fees.

• Deflationary Pressure: Reducing the circulating supply through buybacks and burns.

• Use Cases: Ideal for projects aiming to create a deflationary token model, increase investor confidence, and provide long-term value.