Tokenomic

$BNY is the governance token of Bunnybox

Supply

BNY Token Supply Cap: The total supply of BNY tokens currently stands at

200,000,000,000,000,000,000,000,000,000,000,000

The supply cap remains fixed unless a governance proposal advocating for its expansion is proposed and ratified. Upon the successful passage of such a proposal, the revised supply cap will be implemented following a 14-day time lock period.

Utility

BNY tokens can be utilized for staking purposes to acquire veBNY. The daily emission rate is set at 75,000 tokens.

The supply of BNY tokens will not undergo any increase unless a corresponding governance proposal is put forth and successfully passed. In the event of an approved proposal to adjust the token supply cap, the alteration will be implemented following a 14-day time lock period.

veBNY

veBNY serves as the governance token for the protocol, granting holders increased voting authority in protocol governance matters. Users can acquire veBNY by locking BNY tokens.

Holding veBNY provides users with protocol-generated income and BNY rewards. The minting of veBNY tokens occurs upon users' locking of BNY tokens and will be subject to burning as the lock duration decreases.

Allocation

Community

10%

2% is unlocked at TGE, 42% is unlocked linearly every month over 6 years

Liquidity Insentive

45%

Unlocked linearly over 5 years for EXLP and veCOF holder

Ecosystem Fund

7%

Unlocked linearly every month over 5 years

DAO Treasury

5%

2 year cliff, unlocked linearly every month over 6 years and used according to the DAO proposals.

Liquidity Pool

5%

100% unlocked during TGE

Public Offering

3%

100% unlocked during TGE

Team

10%

1 year cliff, unlocked linearly every month over 2 years

Investors

15%

1 year cliff, unlocked linearly every month for 2 years