📎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 (DEER Share) distribution
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 updated