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NESS Tokenomics and Liquidity Mining
The total supply of NESS tokens is 800,000,000:
400,000,000 (50.00%) will be distributed to the Community via a liquidity mining program in the duration of 96 months.
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100,000,000 (12.50%) will be distributed to the Insurance Fund in the duration of 96 months. It will convert all assets to CRO which is a backed asset for NESS tokens.
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For example if the supply of NESS is 100,000,000 and Insurance Fund has 2,000,000 CRO, NESS holders can always burn 1 NESS and receive back 0.02 CRO at any time.
200,000,000 (25.00%) will be reserved for the development (marketing, audits, dev reward, community engagements and other expenses) and released gradually over a period of 48 months.
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90,000,000 (11.25%) will be reserved for the strategist partnerships and confounding advisors and released gradually over a period of 24 months.
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10,000,000 (1.25%) will be used for seeding distribution via DarkBoost and initial liquidity by DarkCrypto Dao Fund.
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Liquidity mining program has 5 incentivized lps: details of reward distribution are following:
- LP NESS/CRO: 50x
- LP DUSD/USDC: 20x
- LP DARK/CRO: 10x
- DARKSWAP-LP 3-POOL: 10x
- DARKSWAP-LP 4-POOL: 10x
Last modified 1yr ago