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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.
Last modified 7mo ago
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