⭐11. Locking Mechanism

Locking System Description Overview

Our Locking system is designed to reward participants who lock their tokens into the locking pool.

The total supply allocated for locking rewards is 10% of the total token supply, amounting to 20,000,000 tokens. These tokens are released over 5 years on a linear schedule, ensuring a consistent distribution of rewards throughout the locking period.

After the initial 5-year period, the locking system will undergo a full rework.

Key Features Total Supply for Locking Rewards:

Percentage of Total Supply: 10% Number of Tokens: 20,000,000 tokens locking Period.

Duration: 5 years Release Schedule: Linear release over the entire period Annual Percentage Rate (APR):

The APR is dynamic and depends on the total amount of tokens locked by participants. As more tokens are locked, the APR adjusts to reflect the changing ratio of locked tokens to the total available rewards. Post-5-Year Transition:

After the initial 5-year locking period, the system will be reworked. Detailed Mechanics Linear Release Schedule:

The 20,000,000 tokens allocated for locking rewards are distributed evenly over 5 years. This means that each year, 4,000,000 tokens are available as rewards. The monthly distribution of rewards is approximately 333,333 tokens. Dynamic APR:

The APR is calculated based on the total amount of tokens locked at any given time. If fewer tokens are locked, the APR will be higher, providing greater incentives for staking. Conversely, if more tokens are locked, the APR will decrease, balancing the reward distribution. Locking Rewards Calculation:

Daily Rewards Calculation: The daily locking rewards are calculated based on the monthly release of rewards and the total number of tokens locked. Formula: Daily Reward per Token = (Monthly Reward / Total Tokens locked) / 30 Participants earn rewards proportional to the number of tokens they have locked and the length of time they remain locked. Post-5-Year System Rework:

After the 5-year locking period, the system will be redesigned to align with the company's cash flow.

Details of the new system will be communicated closer to the rework period to ensure a smooth transition for all participants. Example Scenario Total Tokens locked: 10,000,000 tokens Monthly Rewards Available: 333,333 tokens Daily Reward per Token: (333,333 / 10,000,000) / 30 = 0.0011 tokens per day per locked token If a participant lock 1,000 tokens for a full month, they would earn:

Monthly Reward: 1,000 * 0.0011 * 30 = 33 tokens Benefits of Locking Consistent Reward Distribution: The linear release ensures that rewards are evenly distributed over the locking period. Incentives for Early Lockers: Early participants benefit from potentially higher APRs as the locking pool grows. Long-Term Commitment: Encourages long-term participation and token stability. Future-Proof System: The planned rework to a cash flow-based model ensures the locking system remains relevant and financially sustainable.