# Tokenomics

Udego Finance - Reinventing Decentralised Finance on Binance Smart Chain

* **Chain Network:** BSC
* **Token Name:** Udego Finance
* **Token Ticker:** UDE
* **Initial Supply:** 110,000,000 UDE
* **New Token emissions:** 1 UDE per block
* **Fair Launch:** Yes

## **Emission rate** <a href="#emission-rate" id="emission-rate"></a>

### **Per block**

| **Metric**                     | **Emission/block (UDE)** | **Emission/day (UDE)** |
| ------------------------------ | -----------------------: | ---------------------: |
| Emission                       |                        1 |              28,800.00 |
| Burned (Inactive Lottery Fund) |                     0.05 |               -1440.00 |
| **Effective Emission**         |              **<0.95\*** |        **27,360.00\*** |

\*Effective Emission is 0.95 UDE as 1440 UDE per day is diverted to the lottery wallet, and burned (It will be burned every week until we start our lottery feature).

## Distribution <a href="#distribution" id="distribution"></a>

| Distributed to               | Reward/block (% of emission) | Reward/block (total UDE) |             Reward/day |
| ---------------------------- | ---------------------------: | -----------------------: | ---------------------: |
| Farms                        |                          60% |                     0.57 |     16,416.00 (approx) |
| Staking Pools                |                          40% |                     0.38 |     10,944.00 (approx) |
| **Total Daily UDE Emission** |                              |                          | **27,360.00 (approx)** |

## **Other Deflationary Mechanics** <a href="#other-deflationary-mechanics" id="other-deflationary-mechanics"></a>

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

* **0.05%** of every trade made on Udego Swap.
* **100%** of farming and staking pool rewards if unstake, harvest or compound is done before 168 hours (7 days) after staking.
* **1440** UDE 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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