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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
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).
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) |
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.
Last modified 2yr ago