🪙Tokenomics

Emission rate

Per block

Metric

Emission/block (WAP)

Emission/day (WAP)

Emission

0.16

4,608.00

Burned (Inactive Lottery Fund)

0.008

-230.40

Effective Emission

<0.152*

4,377.60*

*Effective Emission is 0.152 WAP as 230.40 WAP per day is diverted to the lottery wallet, and burned (It will be burned every week until we start our lottery feature).

Distribution

Distributed to

Reward/block (% of emission)

Reward/block (total WAP)

Reward/day

Farms

60%

0.0912

2,626.56 (approx)

Staking Pools

40%

0.0608

1,751.04 (approx)

Total Daily WAP Emission

4,377.60 (approx)

Other Deflationary Mechanics

At present, WAP is also burned in the following ways:

  • 0.05% of every trade made on WapSwap.

  • 0.5% of every cross chain swap transaction made on WapSwap.

  • 100% of farming and staking pool rewards if unstake, harvest or compound is done before 168 hours (7 days) after staking.

  • 50% emissions will be reduced every 4 years until it reaches max supply.

  • 230.40 WAP per day is diverted to the lottery wallet, and burned (It will be burned every week until we start our lottery feature).

The burning process is currently manual.

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