BitSmiley

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BitSmiley Info

Discover BitSmiley's $SMILE Tokenomics—revolutionizing Bitcoin DeFi with stable coins, lending, and insurance solutions through innovative BTC partnerships.

Ticker
$SMILE
Listing Price
$0.381
Total Supply
210,000,000
Niche
  • DeFi
TGE Date
2024-11-05
Tier 2
Tokenomics
Economy
Audit
Tokenomics
Audited
Investor
Information

Tokenomics Rating

Rank
#500
Percentile
Top 28%
12
7
3
Economic Policies
71.91
Investment & Valuation
74.98
Utility & Value Flow
-
Market Makers
-
Distribution Fairness
61.33

Tokenomics Information

Allocation Distribution

Pool Name
Percentage
Vesting Information
bitSmileyDao26.00%12.2% at TGE , 48 Month Linear Vesting
User Incentive21.50%14.0% at TGE , 48 Month Linear Vesting
Staking12.50%14.4% at TGE , 24 Month Linear Vesting
Team & Advisor12.50%24 Month Cliff, 48 Month Linear Vesting
Round1 Investor10.00%5.0% at TGE , 6 Month Cliff, 12 Month Linear Vesting
Liquidity7.50%37.3% at TGE , 12 Month Linear Vesting
Round2 Investor6.00%5.0% at TGE , 5 Month Cliff, 12 Month Linear Vesting
bit-Disc Airdrop3.00%33.3% at TGE , 2 Month Cliff, 3 Month Linear Vesting
People's Launchpad1.00%50.0% at TGE , 3 Month Cliff, 1 Month Linear Vesting
Showing 1-9 out of 9

Category Score
61.33out of 100
Percentile
Top 59%

Allocation Distribution Indicators

Highlights
1
Warnings
1
Alerts
1

Distribution Fairness

Distribution Fairness Benchmarks

Deviation from Best Performers

Deviation Status

Public Sale
-5.3%
Medium
Community
-0.2%
Low
Foundation
+12.9%
High
Insiders
-4.6%
Low
Investors
-2.6%
Low

Deviation from Best Performers

This section analyzes whether the token distribution is balanced by comparing it to best-performing projects in the same niche. It highlights low, medium, or high deviation levels across stakeholder groups and evaluates how closely the overall allocation aligns with proven benchmarks.

Overall Deviation Status

Medium

Category Score
—out of 100
Percentile
—

Governance Indicators

Highlights
1
Warnings
1
Alerts
1

Token Power

Token Power

This section analyzes who holds actual control over the circulating supply year over year, with a focus on early stages where governance risk is highest. It assesses whether the governance power is centralized or decentralized, and flags any dominance by insiders or investors.

Token Control Status

Launch
Semi-Centralized
Year 1
Semi-Centralized
Year 2
Semi-Centralized
Year 3
Semi-Centralized
Year 4
Semi-Centralized

Insider Dominance Test

Failed

Investor Dominance Test

Passed

Category Score
78.42out of 100
Percentile
Top 18%

Inflation Indicators

Highlights
2
Warnings
2
Alerts
0

Emission Type

Circulation

Inflation

Here we analyze whether inflation rates are sustainable, how balanced the vesting release schedule, how they compare with top-performing projects annually, and how this inflationary pressure might impact token value.

Year 1 Inflation

256.0%

Year 2 Inflation

62.5%

Year 3 Inflation

17.4%

Year 4 Inflation

14.8%

Inflation YoY

Category Score
73.83out of 100
Percentile
Top 32%

Supply Shock Indicators

Highlights
1
Warnings
0
Alerts
0

Emission Type

Circulation

Monthly Supply Shocks

Supply Shocks

Here we track the timing and size of every supply shock, we flag high, mid, and low risk supply shocks, we showcase the exact date of the largest dilution event, and enable unlocks and emissions visualization.

Supply Shocks Counter

2 Low Risk
0 Mid Risk
0 High Risk

Highest Supply Shock

16.7%
at Month 4

Detailed Information

Category Score
55.07out of 100
Percentile
Top 28%

Risk of Dilution Indicators

Highlights
1
Warnings
0
Alerts
1

Initial Float / Circulating Supply

This section assesses whether the TGE float is appropriately sized, what dilution it introduces, and how it compares to best performing projects. The float is also known as circulating supply and just because tokens are unlocked does not mean they enter circulation.

Initial Float

10.26%

Best Performer Float

12.34%

Team Float Control

77.6%
Low Control
Mid Control
High Control
At launch, the team controls 77.6% of the circulating supply, reducing the real initial float to 2.30%.

Circulating Token Supply (YoY)

Vesting Release Schedule

Category Score
74.98out of 100
Percentile
Top 60%

Terms and Conditions Indicators

Highlights
1
Warnings
0
Alerts
0

Investor Round Details

Investors Terms and Conditions

Here we focus on everything that matters to public and private investors, how the rounds are structured, what your payback looks like at TGE, and how fairly the different rounds are balanced mapping entry price, unlocks, vesting terms, and overall exposure.

Vesting Details

Hover to see the details.
Round1 Investor
Round2 Investor
People's Launchpad

Target Hardcap

$8.6M
17.0%
83.0%
BitSmiley is selling 17.0% of its total token supply to investors in order to raise $8.6M in funding.

Category Score
84.4out of 100
Percentile
Top 52%

Valuation Indicators

Highlights
2
Warnings
1
Alerts
0

Valuation Comparison

This section compares the tokens valuation and performance to other projects within the same niche. It includes ROI benchmarks from the past year, the last 15 launches, and the top 5 competitors.

Niche ROI (Past Year DeFi)

+24.39%

Niche ROI (Last 15 DeFi)

-9.42%

Project FDV Status

Fairly Valued
Under
Fairly Valued
Over
BitSmiley is listing at 39.2% lower FDV compared to benchmark listing and current valuation averages.

Valuation Comparison

Valuation (FDV vs VDV)

We compare investor valuations using both Fully Diluted Valuation (FDV) and Vested Diluted Valuation (VDV) models to assess pricing from two key perspectives.<br /><br />The round that ranks highest across both valuation models is considered the best-valued round.

Preferred Round

Round1 Investor
Best
Out of 3
1
Ranked 1st by FDV
2
Ranked 2nd by VDV

Rounds Ranked by FDV

1
Round1 Investor
$30.0M FDV
2
Round2 Investor
$80.0M FDV
2
People's Launchpad
$80.0M FDV

Rounds Ranked by VDV

1
People's Launchpad
$13.9M VDV
2
Round1 Investor
$15.5M VDV
3
Round2 Investor
$39.5M VDV

Investor FDV vs VDV

VDV Valuation Model

Category Score
51.87out of 100
Percentile
Top 69%

Break Even Indicators

Highlights
2
Warnings
1
Alerts
0

Break Even Analysis

Here we analyze how balanced private rounds are, which round breaks even first and which breaks even last by tracking cumulative ROI from unlocked tokens against the initial investment, and flag the month when ROI turns positive to define each project's payback period.

Fastest Rounds to Break Even

1
People's Launchpad
in 4 months
2
Round1 Investor
in 11 months
3
Round2 Investor
in 17 months

Who Breaks Even First?

People's Launchpad
in 4 months

Who Breaks Even Last?

Round2 Investor
in 17 months

Break-Even Analysis Chart

Investment Recovery at TGE

Price Performance to Break Even at TGE

Category Score
—out of 100
Percentile
—

Conclusions Indicators

Highlights
1
Warnings
1
Alerts
0

Overall Investor Round Ranking

Shows the overall ranking of investment rounds based on combined metrics, including break-even speed, investment recovery at TGE, Fully Diluted Valuation (FDV), and Vested Diluted Valuation (VDV). The conclusion is the ranking of rounds from best to worst conditions.

Most Favorable Round

People's Launchpad
Best
Out of 3
1
Ranked 1st by TGE Recovery
1
Ranked 1st by Vesting Speed
1
Ranked 1st by VDV
2
Ranked 2nd by FDV

Least Favorable Round

Round2 Investor
Worst
Out of 3
2
Ranked 2nd by FDV
3
Ranked 3rd by TGE Recovery
3
Ranked 3rd by Vesting Speed
3
Ranked 3rd by VDV

Investor Round Ranking

About BitSmiley

BitSmiley's $SMILE tokenomics underpins its groundbreaking DeFi ecosystem tailored for the Bitcoin network. As the MakerDAO and Compound equivalent for Bitcoin, BitSmiley addresses critical gaps in the BTC ecosystem, notably in stability coins, lending structures, and decentralized financial tools. By introducing stable coins in the bitRC20 format, which are over-collateralized by BTC, and creating cutting-edge peer-to-peer lending opportunities leveraging the BRC20 protocol, BitSmiley provides users with unmatched financial flexibility. $SMILE token acts as the backbone of the ecosystem, enabling key functionalities such as transaction processing, governance, and incentivizing participation within BitSmiley’s platform. Supporting financial resilience, $SMILE further integrates with BitSmiley's insurance products and credit default swaps (CDS), offering robust solutions for managing risk and securing assets in the volatile crypto market. Collaborations with several BTC Layer2 projects make BitSmiley a pivotal player in the growing Bitcoin DeFi space. These strategic alliances facilitate the distribution of stable coins, enhance interoperability, and expand the reach of BitSmiley’s innovative DeFi solutions. With a technical foundation rooted in security and efficiency, BitSmiley is creating a seamless bridge between traditional Bitcoin holders and modern decentralized finance, streamlining lending, borrowing, and risk management under one ecosystem. Experience a next-generation decentralized finance system designed exclusively for the Bitcoin ecosystem with $SMILE tokenomics at its core—bringing stability, liquidity, and innovation to BTC holders worldwide.