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
Initial Supply (2,000,000)
5% (100k) to Community as oBERO
15% (300k) to Community as hiBERO (permanently locked voting power)
50% (1,000,000) to Protocols/DAOs as hiBERO via Real Deal (permanently locked voting power)
20% (400k) to Beradrome Team as hiBERO (permanently locked voting power)
10% (200k) to Ecosystem Votes as hiBERO supporting liquidity for key ecosystem tokens (e.g., BERO, BERA, HONEY)
Emissions
Weekly oBERO emissions will start at 80,000 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:
100,000 (5% of total initial supply) in oBERO to all NFT holders as of snapshot date - 54,000 in oBERO to all non-legendary NFT holders with growing allocation for quantity & rarity
46,000 in oBERO to all legendary NFT holders 54,000 + 46,000 = 100,000
PLEASE READ THE ABOVE CAREFULLY. DO NOT BE REDACTED AND DIVIDE oBERO EQUALLY AMONG HOLDERS WHEN IT CLEARLY STATES GROWING ALLOCATION FOR QUANTITY & RARITY. DO NOT COME INTO THE DISCORD AND COMPLAIN ABOUT LOW AMOUNT AIRDROPS. U WILL OUT URSELF AS COMPLETELY REDACTED.
hiBERO allocation:
300,000 (15% of total initial supply) in permanently burned hiBERO as of snapshot date:
- 192,000 (64%) hiBERO to Legendary Tour de Berance holders with growing allocation for quantity
- 108,000 (36%) hiBERO to Tour de Berance holders with growing allocation for quantity & rarity
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. $2.5m+ in bribes have already been committed.
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.
