VARES Token
VARES is our native token that powers the Vares ecosystem and rewards our community members.What is VARES?
VARES is a utility token built on the Solana blockchain that provides:- Reduced Fees - Lower transaction costs for charging
- Loyalty Rewards - Earn VARES with every transaction
- Exclusive Benefits - Access premium features and perks
- Governance - Vote on platform decisions and improvements
- Community - Join an exclusive network of EV and crypto enthusiasts
Token Economics
Supply
- Total Supply: 1,000,000,000 VARES
- Circulating Supply: Gradually released through rewards and sales
- Burn Mechanism: 1% of transaction fees burned to reduce supply
Distribution
| Allocation | Percentage | Purpose |
|---|---|---|
| Community Rewards | 40% | Earned through transactions and participation |
| Team & Development | 20% | Locked for 2 years with gradual vesting |
| Early Investors | 20% | Vested over 3 years |
| Treasury | 15% | Platform development and operations |
| Partnerships | 5% | Strategic partnerships and integrations |
Benefits of Holding VARES
Charging Discounts
- 10% Discount - All charging fees reduced by 10%
- Stacking Rewards - Combine with other promotions
- No Minimum Hold - Discount applies even with small amounts
Loyalty Rewards
- 2x Earning Rate - Earn double loyalty points on transactions
- Bonus Multipliers - Additional rewards during special events
- Referral Bonuses - Earn VARES by referring friends
Exclusive Features
- Priority Support - VIP customer support channel
- Early Access - New features and stations before public release
- Premium Analytics - Advanced charging statistics and insights
- Exclusive Events - Community events and meetups
Governance Rights
- Vote on Proposals - Shape the future of Vares
- Feature Requests - Influence development priorities
- Partnership Decisions - Vote on new integrations
- Fee Adjustments - Community decides on fee structures
How to Earn VARES
Charging Transactions
Earn VARES every time you charge:- Base Rate: 0.5% of transaction amount in VARES
- Bonus Multiplier: Up to 3x during promotional periods
- Referral Bonus: 5% of referred user’s earnings
Staking
Lock your VARES to earn additional rewards:- 30-Day Lock: 5% APY
- 90-Day Lock: 10% APY
- 365-Day Lock: 20% APY
Community Participation
- Bug Reports: Earn VARES for reporting security issues
- Content Creation: Rewards for tutorials and guides
- Community Moderation: Help moderate our community channels
VARES at Tesla Superchargers
Maximize your benefits when using VARES at Tesla Superchargers:15% Total Savings
Combine 10% token discount with 5% Tesla bonus
3x Rewards
Earn triple loyalty points at Tesla locations
Priority Access
Skip queues at busy Tesla Superchargers
Premium Speeds
Access to fastest charging speeds available
Token Security
VARES is secured by:- Solana Blockchain - Industry-leading security and speed
- Smart Contract Audits - Third-party security audits completed
- Multi-Sig Wallets - Treasury protected by multiple signatures
- Regular Updates - Security patches and improvements
Getting VARES
Purchase
Buy VARES on major cryptocurrency exchanges:- Raydium (Solana DEX)
- Jupiter Aggregator
- Major CEX listings coming soon
Earn Through Vares
Start charging with any cryptocurrency and earn VARES rewards immediately.Staking
Lock your VARES in our staking program to earn passive income.Ready to join the VARES community? Start Charging