$HANDL Tokenomics

$HANDL is the core asset powering the Handl Pay ecosystem. Our token’s goal is to support our UX while incentivizing early adoption & building a product-centric community.

Utility Summary:

⛽ Gas abstraction:

Users can execute cross-chain payments across any supported network using only $HANDL in their wallet. How does it work? We purchase $HANDL from the user at open market rates and subsidize gas fees with it on the underlying chain. This process removes complexity for the user while introducing net buying pressure for the token.

👑 Accessing premium tiers:

Staking $HANDL in premium pools provides access to exclusive features, such as:
- “Set up inbound rules” (e.g. auto-convert all incoming payments to USDC, convert X% to BTC, etc.)

- Eligibility for airdrops of new tokens added to the network

- Customizable payment pages (e.g. branded)

Tokenomics Summary:

The total supply is 1 billion $HANDL with 17% allocated to liquidity. The token has been designed to sustain a steady value appreciation and to incentivize adoption through the following mechanisms:

1. Diminishing supply

$HANDL will be burnt for every transaction received by a social media username. The burn rate reduces over time.

2. Usage incentives

3. Buybacks

More information such as vesting timelines and FDVs can be found in our docs here.