Tokenomics
Last updated
Last updated
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 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 NFT Staking pool
10% of daily lobby amount to Dev/infrastructure
Can be staked to earn USDC for
Bonus WHEAT tokens for staking NFTs in the
Bonus WHEAT tokens for redeeming
bonuses
USDC that enters the protocol is handled according to the description in the section.