EGON Migration to Solana:
New Tokenomics & Migration Framework
🔹 Tokenomics Overview
Token Name: (New Token Name)
Blockchain: Solana
Total Supply: 1,000,000,000 (1B)
(Due to
Bonding Curve system)
The new token will operate natively on Solana, leveraging its high throughput, low fees, and vibrant DeFi ecosystem to provide a smooth experience for both existing holders and new adopters
🔹 Migration Framework Ratio
EGON (Egoncoin) → (New Token Name) = 1:1
CST / ECT Tokens → (New Token Name) = 1:1
Egon NFT → (New Token Name) = 1:10
Stake EgonCoin → (New Token Name) = 30%
This ensures fairness: every token you held before migration is fully honored in the new ecosystem.
Staked EgonCoin was emergency unstaked without stake reward hence stakers address will be allocated flat stake reward of as mentioned above. EgonNFT holders are also migrated using the new token.
Partner tokens allocation will be migrated based on current market rate
Migration DApp Flow
The migration process will be executed through a dedicated Migration DApp. Holders simply:
1. Connect EVM Wallet:
The system automatically recognizes your EGON (or CST/ECT) holdings from the verified snapshot.
2. Enter Solana Address:
Holders provide their Solana wallet address (Phantom or Solflare).
3. Automatic Validation:
The DApp checks snapshot records to confirm:
✅ Correct wallet address
✅ Exact token balance at snapshot
4. One-Time Conversion:
Each wallet can migrate only once, receiving 100% allocation of the new token, distribution timeline to be announced.
This prevents abuse and ensures integrity of the migration.
🔹
Market Strategy & Bonding Curve
We are relaunching via a bonding curve model, a transparent, decentralized approach where token value is fully determined by the community
How the Bonding Curve Works:
All 1B supply is seeded (locked) into a bonding curve DEX contract. Community allocation will be paid for by the team
Prices rise as more tokens are bought, and fall when sold.
Similar to Uniswap v2 mechanics, but adapted for Solana through platforms like PumpFun & fourMeme
This means:
No central control of valuation.
No hidden team allocations.
True community-driven price dynamics
🔹 Community Allocation
The team will BUY 150M tokens from the open market after launch.
These tokens will be made immediately available for EGON holders via the Migration DApp.
The remaining 850M tokens stay in the bonding curve DEX
Important:
The team itself has to buy tokens from the open market like everyone else. No pre-minting. No hidden reserves
This ensures:
Transparency: No secret allocations.
Fairness: Holders and team operate under the same rules.
Community power: Token growth depends entirely on market activity
🔹 Listing Path
1. Phase 1:
Pump.fun Listing
Initial bonding curve launch and organic growth driven by the community
2. Phase 2: Raydium DEX
After establishing a strong base, liquidity will expand to Solana’s leading DEX for broader access.
3. Phase 3: Tiered Listings
Depending on market performance, listings on major DEXs and CEXs will follow
🔹 Use Cases & Value Drivers
The new token will evolve beyond migration into a utility-focused ecosystem:
1. Community Governance: Holders influence future ecosystem developments.
2. Ecosystem Currency: The token will serve as the foundation for upcoming dApps, DeFi integrations, and community-driven products on Solana
3. Liquidity Expansion: As adoption grows, liquidity pools and integrations with broader Solana DeFi protocols will drive demand.
4. Cross-Chain Utility: Bridges will enable interactivity with EVM and other ecosystems in the future.
🔹 Closing Note
This migration is more than just a swap, it’s a rebirth. By moving to Solana and launching through a bonding curve model, we are becoming a true community-owned token.
Every holder has equal access.
Every token’s value is decided by market action, not by insiders
The migration ensures no one is left behind, while setting up a transparent, scalable, and decentralized future
The future of EGON now belongs entirely to its community