$Tokenomics
Deciphering the Math behind the Economy
The tokenomics of the Fermions are straight forward and allow for decentralization while also rewarding the earliest backers. The distribution is as follows:
To kickstart the project we have launched a special liquidity mining event to bootstrap initial liquidity, incentivized by a rewards multiplier offering increased rewards by 330% to all early liquidity providers as a bonus with an applied 3-month-lock to ensure a smooth start and initial growth phase. The Event will run for around 100k blocks (roughly 2 weeks) with an initial set of around 10 pools to collect LP tokens across a range of the most liquid markets. We also went the distance to offer liquidity migration from multiple protocols like UniSwap, SushiSwap, Curve, etc.
Even though enacted with a pre-mine, we went as far as to put a system in place to allow a gradual release in order to have a controlled inflation and making sure to keep all shareholders aligned and long term in the project. In this regard the starting supply will start, like a normal fair launch project at 0 and the emission rate is initially set at 1 million tokens per day. The emission curve will follow an exponential algorithm with the emission rate dropping gradually with every block through recalculations equating to a rate reduction of roughly 25% per year with a set end-goal of reaching the hard cap of 1 Billion Token after exactly 4 years. The emissions will be distributed according to the laid out tokenomics plan, with the token reserved for the shareholders applying a vesting contract of 2-4 years (advisors with a shortened 1 year vesting period) enhanced by a gradient algorithm that allows unlocking a portion of the tokens with every block. This enforces all the shareholders to remain invested, while still allowing them to use partial proceeds akin to an allowance to fund the operations and reduce reliance, if any, on outside investments (VCโs, etc.). The token ecosystem comprises two main โparticlesโ: The โFermionโ (Ticker: EXOFI), the protocol native rewards and governance rights token, as well as the โBosonโ (Ticker: MASS), the actual Governing Token, representing one's voting power and with which voting and everything else is performed. The implications of each are further explained in more detail in the following paragraphs.
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