🔦Tokenomics

To efficiently facilitate community rewards as well as governance, there will be two classes of tokens associated with Yield 24: Y24, the utility and Governance token of the Y24 DAO.

▶ Token ticker: Y24 ▶ Total supply: 50,000,000 Y24

The distribution of Y24 tokens adheres to a fixed supply, decaying emission model. Over time, the emission diminishes according to a predetermined schedule, serving as a method to reward our early liquidity providers. The initial weeks following the launch are dedicated to bootstrapping liquidity for the protocol (refer to the next chapter) and establishing governance through the Y24 DAO. Once the DAO is in place, it will conduct votes to determine the future emission trajectory.

• Liquidity Provider rewards (18,000,000 Y24) are used to bootstrap liquidity and reward Yield 24 LPs.

• Community incentives (17,000,000 Y24) will be used for various campaigns and mechanisms to focus on user acquisition, user retention and most importantly trading volume growth. For example, the “Refer & Earn” campaign will let users create their unique personalized referral link and send it to friends and followers to start earning Y24 tokens. Likewise, the “Trade & Earn” campaign rewards trading activity, where users will receive rewards based on the realized trading volume.

• Presale Allocation (7,500,000) We intend to secure funds through a launchpad to allocate resources for initial liquidity, marketing, and development expenses.

• Strategic Partnership (2,500,000 Y24) has been set aside for high-profile external contributors who can not only help Yield 24 financial but also help on strategic matters (partnerships, CEX listings, BNB Ecosystem . If you would like to contribute to the Yield 24 project.

• Team allocation (5,000,000 Y24) has a 4-year unlock duration and is used to incentivize and align some of the most capable minds in the industry. Team tokens unlock starts in 12 months, in December 2023.