📎
Tokenomics and Distribution
DEER distribution
- Initial supply: 2,000,000 DEER
- 300,000 DEER will be used to Pegasus Lauchpad
- 100,000 DEER used to form initial DEER LP.
- 1.600.000 DEER send to Dao fund. The main function of the DAO fund is to keep the price stable from the beginning.
- Lauchpad Start: 5th May, 6:00 am UTC
- Lauchpad End: 5th May, 9:00 am UTC
XDSHARE has a maximum total supply of 100,000 tokens
- 20,000 XDSHARE will be allocated to DAO Fund
- 17,500 XDSHARE will be allocated to Insurance Fund
- 12,500 XDSHARE will be allocated for the development (marketing, audits, dev rewards, community engagements and other expenses)
- The remaining 50,000 XDSHARE will be allocated to incentivize Liquidity Providers
All are farmed or vested linearly over 731 days (~2 years)
Reward rate for Share Bank pool (Deposit LPs in Banks to earn XDSHARE) 5th May, 10:00 am UTC:
[1] MMF-LP DEER/USDC (50x) — no lock
After 4 hours:
[2] MMF-LP XDSHARE/USDC (35x) — no lock
- Rate : 69.34 XDSHARE per day
Last modified 11mo ago