Farming

For the initial 30 days after protocol launch there will be farming for users trading on the protocol. The rewards will be up to 3% of the entire token supply (264,000,000), equally split between all trading during the period.

These rewards will be split between traders based on their share of trading throughout the month. For example, if one person trades $100,000 during the 30 days and there is $10,000,000 traded total, they will receive 1% of the 3% of tokens, or 2,664,000 tokens.

3% is the maximum amount of tokens that will be distributed. If under $3M in volume occurs, 1% will be distributed. Between $3M and $6M in cumulative volume 2% will be distributed. If cumulative volume is over $6M, all 3% will be distributed.

Rewards will be recorded and at the end of the 30 days and tokens will be vested over 1 month to anyone who traded during the initial period.

These tokens will not be newly minted but rather come from team funds.

Farming will no longer be part of the protocol after the initial 30 days.