Token keys
Overview
Due to the initial bootstrap phase of the HbarSuite Smart-Node Protocol, we reseved the right to have most $HSUITE Token Keys active. This was a strategic decision, taken to ensure full accommodation of operations in line with the token's utility needs and the overarching tokenomics v1 strategy.
Note: For the Tokenomics v2 launch, the team aims to either permanently remove most of the keys, or integrate them with a Multi-Signature protocol in concomitance with the Smart-Node v2 release.
Key features and Functionalities
Freeze Key
Purpose: To facilitate Token Sales with a vesting period.
Implementation: Immediate-Pledge-Order Buyers, as well as the core team, have their tokens locked. Notably, the core team's tokens are frozen until March 2024.
Wipe Key
Purpose: To enable token wipes on frozen accounts when vesting period over, specifically for Immediate-Pledge-Order (IPO) buyers.
Function: This key provided the team with the necessary control over the initial distribution and maintenance of the token's integrity during the early stages.
Admin Key
Purpose: To be able to delete extra Token Keys once not necessary anymore
Function: Allows to update/delete Token Keys
Fee Schedule Key
Purpose: To be able to potentially introduce Custom Token fees within the token, which may or may not be necessary for a revampment of $HSUITE Tokenomics
Function: Allows to implement/update/delete Custom Token Fees
Pause Key
Purpose: To be able to pause all the Token Operation in case of Major Ecosystem Updates
Function: Allows to pause all the $HSUITE operations for major changes
Supply Key
Purpose: To be able to re-mint wiped tokens from IPO frozen accounts
Function: Allows to mint tokens up to the Token Max Supply inside Token Treasury
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