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Tokenomics

FANTA will be a governance token. The token distribution follows a fixed supply, approximately constant emission model.

Launch

  • IDO
    • Allocation: 5,000,000 $FANTA
    • Target: $100,000
    • Price: $0.02 per $FANTA
    • Limit per whitelisted wallet: 10,000 $FANTA (that is $200)
    • $FANTA from IDO can be claimed 24 hours after launch ending
  • Initial liquidity will be 2,500,000 $FANTA & $100,000 of $UST, with price ≈ $0.04

Emissions

Except for IDO, there are no other pre-sales, private sales, or pre-listing allocations of the FANTA token.
All tokens are distributed according to the emission schedule. It means that the dev funds are distributed at the same pace as the LP farms. Every second or block, new FANTA tokens are minted, in which 10% go to the dev funds and 90% go to the LP farming.
  • Max supply: 1,000,000,000 FANTA
  • Emissions per day:
    • Day 1 ~ 2: 3,500,000
    • Day 3 ~ 4: 1,800,000
    • From Day 5: 900,000
    • Then every 30 days reducing 12,500
  • Months to emit: 72

Revenues

  • 0.25% of all trading fees go to the liquidity providers
  • 0.05% of all trading fees go to the xFANTA holders
  • 90% of minted FANTA go to the LP farming
  • 10% of minted FANTA go to the dev funds

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Last modified 1yr ago