🔁Tokenomics
Designed to attract / partner with protocols and users most likely to contribute to Beradrome & Berachain growth
Last updated
Designed to attract / partner with protocols and users most likely to contribute to Beradrome & Berachain growth
Last updated
5% (5k) to Community as oBERO
10% (10k) to Community as hiBERO (permanently locked voting power)
50% (50k) to Protocols/DAOs as hiBERO (permanently locked voting power)
20% (20k) to Beradrome Team as hiBERO (permanently locked voting power)
15% (15k) to Ecosystem Votes as hiBERO supporting liquidity for key ecosystem tokens (e.g., BERO, BERA, HONEY)
Emissions
Weekly oBERO emissions will start at 4000 oBERO - 4% of the initial supply - and decay at 1% per week.
hiBERO stakers receive 20% of emissions
Emissions of oBERO continue forever with no fixed supply.
5% of emissions will go to a team controlled multisig every week.
oBERO allocation:
5000 (5% of total initial supply) in oBERO to all NFT holders as of snapshot date - 2700 in oBERO to all non-legendary NFT holders with growing allocation for quantity & rarity
2300 in oBERO to all legendary NFT holders 2,700 + 2,300 = 5,000
hiBERO allocation:
10,000 (10% of total initial supply) in permanently burned hiBERO as of snapshot date:
- 5000 (50%) hiBERO to Legendary Tour de Berance holders with growing allocation for quantity
- 1800 (18%) hiBERO to Tour de Berance holders with growing allocation for quantity & rarity
- 2500 (25%) hiBERO to testnet and mainnet Beradrome validator delegators
- 700 (7%) TBA
As part of the Beradrome Real Deal inititative, protocols can commit to a $ amount of bribes over the first 12 months of protocol TGE in exchange for the same $ amount of voting power in return. 50% of the initial supply has been sold.
Example: Project A commits to $100k of A token to bribe their gauge in the first 12 months of Beradrome being live. Beradrome will in return commit to burning $100k worth of oBERO into voting power for Project A. This is essentially a token swap and guarantees consistent bribes.