YMWK(Yamawake DAO Token)
Last updated
Last updated
ERC20 token based on philosophy of Curve Dao Token. 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
DEX link：TBA
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.
Protocol fee YMWK rewards Others TBD
| Percentage(%) | For | Note |
|---|---|---|
5
Developer Incentives
5
Initial investors
Airdrop to TXJP holders
5
DEX LP
Uniswap v3 YMWK-ETH Pool $0.1~$1
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
