💲DACKIE Tokenomics

Updated 2024/07/13 by Dackie Team

Token Supply

The total token supply of DACKIE is 1,000,000,000. This means that there are one billion tokens in circulation. DACKIE Token is designed for Community and only Community.

Token Utilities

Governance
Liquidity mining incentive
Stake to participate IDO, special NFT pools
Stake to earn protocol fee
Craft special NFTs

Token Allocation

The allocation of DACKIE tokens is as follows:

#	Detail	Allocation %	Allocation Token	Remark
Reserve	Genesis LP Airdrop Multichain LP CEX Listing	10%	100,000,000	20,000,000 at TGE. 1 year lock then gradually vesting
Liquidity Mining	Liquidity Incentive Staking Incentive	85%	850,000,000	Decreasing curve release, incentive reduce 30% every 3 months.
Sales	Public IDO	5%	50,000,000	~45,000,000 was burnt because not sold out. Remain: 30% TGE, 70% vesting in 6 months (vesting done)

Initial Supply

The initial supply of DACKIE tokens is as follows:

Allocation Category	% of Max Supply at TGE	Number of DACKIE Tokens
Genesis LP	1%	10,000,000
Airdrop (Quackdrop I & II)	0.3%	3,000,000 was released at TGE. 7,000,000 vesting in 6 months.
Public IDO	1.5%	15,000,000
Liquidity Incentive	0.69%	5,555,556
Total	3.49%	33,555,555

This means that at the time of the token generation event (TGE), 3.49% of the total supply were released, Airdrop will be vested in 6 months.

Token Emission Mechanism

🌐 Detail Link

Quarterly Reduction Rate (QRR) = 20%

DACKIE emission rate decreases every quarter.

We implement QRR for the emission rate of DACKIE tokens. This means each quarter, the number of DACKIE tokens emitted each month will be reduced by 20%. This increases the rarity of the DACKIE token over time.