Ecosystem

StyleChain tokenomics consists of $STP, $eSTC, and $STP. The reason for using three tokens is to prevent inflation by distinguishing between $STP, which is freely tradable outside the platform, and $eSTC and $STP, which are rewarded and used within the platform. Furthermore, we differentiate rewards based on the level of contribution to the platform. $eSTC is given to users who contribute directly to the purpose of the platform, such as registering rental products, while $STP is given for other activities.

With this structure, we create a token circular economy that is healthy for the long term. Users buy $STC tokens on exchanges and spend them on StyleChain services. StyleChain reclaims about 70% of these $STC back from the market, gradually reducing the amount in circulation. Naturally, the price of $STC tokens increases.