Tokenomics
Last updated
Last updated
$xFLAME stands as the governing token within the Inferno Protocol, playing a pivotal role in determining the emission dynamics of our farms. As a governance token, $xFLAME empowers our community to actively participate in decision-making processes, ensuring a decentralized and inclusive ecosystem.
It's worth noting that during the testnet phase, users can acquire $xFLAME tokens by actively interacting and participating. This inclusion of the community in the initial stages reaffirms our commitment to transparency and community involvement.
Total Supply: 100,000 xFLAME
Airdrop to testnet Participants : 40,000 xFLAME (40%)
Initial Liquidity Boost Trap : 50,000 xFLAME (50%)
Team : 10,000 xFLAME (10%)
Simultaneously, $FLAME serves as the official incentive token of the protocol and acts as the reward token for our farms. Designed as a booster for engagement, $FLAME incentivizes participants, fostering a vibrant and dynamic community within the Inferno Protocol. This dual-token structure reinforces our commitment to a balanced and sustainable decentralized finance model.
Daily Emission: 11000 $FLAME
90% of the total supply is allocated towards the community through different means such as: Farming, Airdrop, Rewards, Gaming, Quiz Contests, Bounty Hunting, Etc.
10% of the total supply is allocated to the team which will slowly be minted along the total supply.