Comment on page
🌾
Tokenomics
Initially minted: 89,000 WHEAT
- FarmerLand v1 user balances: 55,263.02 WHEAT
- Compensation for negative USDC ROI in v1: 10,735 WHEAT
- DAO share: 7,500
- Promotions and Incentives: 1001.98 WHEAT
- Leftover (only distributed to v1 participants whom the script missed): 14500 WHEAT*
- *To be burned after confirmation of airdrop receipt by v1 participants
Minted by daily auction: 5,000 WHEAT initially, then decreases by 1% each day
- The daily amount of WHEAT and rate of decrease can be changed by admin
In addition to the WHEAT minted by the daily auction, the following WHEAT amounts are minted:
- 10% of daily lobby amount to Dev/infrastructure
The Team will contribute $36,000 USDC spread over the first 16 days of auction lobbies!
Last modified 8mo ago