TurboWallet Top-Up and Burns

We have an important update prior to listing.

100 m additional $DPZs are transferred and locked in TurboWallet.

This is to ensure the sustainability of the TurboWallet and also reduce team control over the project and ensure the safety and trust of the pricing mechanisms.

As it stands, after the listing, the estimated holder/control structure will be as follows.

  • ~ appx 625 m, Crowding Pool
  • ~ appx 125 m internal burn (Total Supply will reduce to 875m from 1b)
  • ~ appx 200m TurboWallet Financing
  • ~ appx 50m in circulation including PancakeSwap LP and TurboWallet Stake

You can easily verify the holder structure by checking out here.

In terms of price potential, it is very exciting to see that our biggest unstaked holder holds only 250k DPZs which is 0.025 per cent of the total supply and 5% of the total expected circulation.



Chief Blockchain Officer — DeepMaze Foundation

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store