YMWK(Yamawake DAO Token)

What is YMWK？

YMWK(Yamawake DAO Token) is utility token embeded to Yamawake. Initial issuance is 450,000,000, with 55,000,000 issuance in the first year and annual diminishing issuance of 10% over 235 years. Max supply is 1,000,000,000.

Ticker：YMWK

Token Address：0x15Dac05C93e1c5F31a29547340997BA9f6ec4F87 https://etherscan.io/address/0x15dac05c93e1c5f31a29547340997ba9f6ec4f87

DEX link：TBA

Allocation

Percentage(%)	For	Note
5	Developer Incentives
5	Initial investors	Airdrop to TXJP holders
5	DEX LP & Auctions	TXJP pair on Uniswap & Curve, two public auctions
5	Community Treasury	safe.defigeek.eth
5	Early User Rewards
10	CurveLP Budget	5 years vesting
10	Phase 2 investors	3 years vesting with 2 year cliff
55	User Rewards	5.5% at year 1. diminishing 10% p.a.(i.e.4.95% for year 2) for 234 years

What is veYMWK?

A veYMWK is a non-transferable token obtained by locking a YMWK.

1 YMWK = 1 veYMWK for a lock of up to 4 years.

For a one-year lock, 1YMWK = 0.25 veYMWK.

Decays over time.

The lock period can be extended to a maximum of four years at any time, but cannot be shortened or cancelled.

veYMWK utility

Protocol fee YMWK rewards Others TBD