Metaple Finance

thor890 (39)in #metal • 2 years ago

Tokenomics
Metaple Finance - The World's First Multi-Staking Protocol
Tokenomics
Details
Chain Network
BSC
Token Name
Metaple Finance
Token Ticker
MLX
Sale Quantity
125,000,000 MLX
Total Supply
500,000,000 MLX
Supply For Game
2000000 MLX
New Token emissions
0.16 per block
Fair Launch
Yes
Emission rate
Per block
Metric
Emission/block (MLX)
Emission/day (MLX)
Emission
0.16
4,608.00
Burned (Inactive Lottery Fund)
-0.016
-460.80
Effective Emission
<0.144*
4,147.20*
*Effective Emission is 0.144 MLX as 460.80 MLX per day is diverted to the lottery wallet, and burned (It will be burned every month until we start our lottery feature).
Distribution
Distributed to
Reward/block (% of emission)
Reward/block (total MLX)
Reward/day
Farms
60%
0.0864
2,488.32 (approx)
Staking Pools
40%
0.0576
1,658.88 (approx)
Total Daily MLX Emission

27,360.00 (approx)
Other Deflationary Mechanics
At present, MLX is also burned in the following ways:
0.05% of every trade made on MetapleSwap.
460.80 MLX per day is diverted to the lottery wallet and burned (It will be burned every month until we start our lottery feature).
The burning process is currently manual.