Tokenomics

WHEAT
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
See emission chart in Daily Auction section
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 Stable NFT Staking pool
10% of daily lobby amount to Dev/infrastructure
Can be staked to earn USDT for development and Passive Income Generation​
Bonus WHEAT tokens for staking NFTs in the Field​
Bonus WHEAT tokens for redeeming stakes​
​Referral bonuses
USDT
USDT that enters the protocol is handled according to the description in the Daily Auction section.
The Team will contribute $36,000 USDC spread over the first 16 days of auction lobbies! 

Airdrop Event

Next - basics

Passive Income Generation

Last modified 8mo ago