Tracer White Paper v0.99 A
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Tracer White Paper v0.98
Tracer White Paper v0.98
  • 👋Welcome to Tracer
  • Overview
    • ⏩Summary
    • 🍀Why are we doing this
      • Market background
      • The opportunity
    • ✨What is Tracer
      • Technical overview
      • Dual-Token System
      • The Tracer Token (TRCR)
      • The Carrot Token (CRRT)
      • Tracer applications
    • 📢Tracer DAO
    • 🧲Market adoption
      • Empowering the supply side
      • Attracting developers
      • Incentivizing (re)sellers
      • Tracer's DAO: scaling growth and adoption
      • Roadmap
    • 📊Tokenomics
      • Tracer token distribution
      • Token release schedule
      • Total circulating supply
      • Token burn
      • Use of proceeds
      • Regulatory compliance
    • 🏆Team and advisors
  • 📧Get in touch
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  1. Overview
  2. What is Tracer

The Tracer Token (TRCR)

PreviousDual-Token SystemNextThe Carrot Token (CRRT)

Last updated 11 months ago

The Tracer token (TRCR) is an ERC20 token with a pre-minted supply. Key features and functions of the Tracer token include:

  • Governance: TRCR token holders can vote on protocol decisions, such as upgrading smart contracts, granting or revoking Endorser NFTs, and managing the Tracer DAO treasury, ensuring decentralized control and community-driven development.

  • Sybil resistance: To protect against Sybil attacks and ensure fair governance, only owner locked TRCR tokens can vote.

  • Deflationary mechanism: A portion of the fees collected during the minting of Carrot tokens is used to buy back and burn TRCR tokens, creating deflationary pressure.

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