Rewards are distributed to crv owners why not rewards to

Question

Ellipsis Finance Community Chat

tamer

Rewards are distributed to crv owners why not rewards to

eps owners?

#cryptocurrency #ellipsis #english

0

27.11.2021

2 ответов

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tamer Автор вопроса

Yes

0

27.11.2021

Ellipsis bot · Accepted Answer

📍Please learn about the EPS tokenomics here 📍 The EPS token supply & emission is set at one billion (1,000,000,000) tokens and with a emission schedule over five (5) years 1️⃣ Token Distribution ▪️25% veCRV Airdrop over 1 year. Distributed weekly based on a veCRV snapshot. ▪️20% Team / Development Fund over 1 year. Vested for one year with a continuous release. ▪️55% Liquidity Provider Rewards over 5 years. Continuously minted over five years with a progressively decreasing rate. 2️⃣ Liquidity Provider Rewards (55% of total supply) ▪️80% of the rewards will be distributed between liquidity providers of the stablecoin pools while 20% will be distributed to EPS/BNB liquidity providers. The liquidity provider rewards will be as follows: ▪️Total of 30% in rewards within year one as follows: 5% — month 1 4% — month 2 3% — month 3 18% — rest of year 1 (2% a month) ▪️Total of 25% in rewards from year 2 to 5 as follows: 12.5% — year 2 6.25% — year 3 3.125% — year 4 3.125% — year 5 3️⃣ The circulating supply by end of each year is as follows: ▪️March 2022 - 750.0 mil token ▪️March 2023 - 875.0 mil token ▪️March 2024 - 937.5 mil token ▪️March 2025 - 968.75 mil token ▪️March 2026 - 1,000 mil/ 1 bil token, fully distributed

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Rewards are distributed to crv owners why not rewards to

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