# 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](https://minipanther.gitbook.io/farmerland-v1/game/wheat-market/daily-auction) section
* The daily amount of WHEAT and rate of decrease can be changed by admin&#x20;

In addition to the WHEAT minted by the daily auction, the following WHEAT amounts are minted:

* 10% of daily lobby amount to [Stable](https://minipanther.gitbook.io/farmerland-v1/game/farmer-land-tool-nfts/staking-stable) NFT Staking pool
* 10% of daily lobby amount to Dev/infrastructure
  * Can be staked to earn USDC for [Passive Income Generation](https://minipanther.gitbook.io/farmerland-v1/basics/passive-income-generation)
* Bonus WHEAT tokens for staking NFTs in the [Field](https://minipanther.gitbook.io/farmerland-v1/game/farmer-land-tool-nfts/boosting-field)
* Bonus WHEAT tokens for redeeming [stakes](https://minipanther.gitbook.io/farmerland-v1/game/wheat-market/staking)
* [Referral](https://minipanther.gitbook.io/farmerland-v1/game/wheat-market/referral) bonuses

### USDC

USDC that enters the protocol is handled according to the description in the [Daily Auction](https://minipanther.gitbook.io/farmerland-v1/game/wheat-market/daily-auction) section.
