🌾Tokenomics

WHEAT

Initially minted: 8,500 WHEAT

• Community Bootstrap Event: 8,000 WHEAT

• Promotions and Incentives: 500 WHEAT

Minted by daily auction: 3,000 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 USDC for Passive Income Generation

• Bonus WHEAT tokens for staking NFTs in the Field

• Bonus WHEAT tokens for redeeming stakes

• Referral bonuses

USDC

USDC that enters the protocol is handled according to the description in the Daily Auction section.