🎆Emission and Deflation
Last updated
Last updated
Distributed by the block, new SPACE will be issued when the farm rewards is harvested. The harvested SPACE will be converted automatically to xSPACE as the reward.
10% of the emission of block belongs to DAO, locked and used by community governance.
50% of SPACE will be burned if the xSPACE is unbonded instantly.
90% of Space Bridge fee (transfer rate) will be burned and 10% will be allocated to NFT Bonus (70%) & DAO (30%) in the original chain.
1/3 of the swap fee is used to buy back SPACE, 50% is directly burned and 50% is used as platform fee (70% for NFT bonus and 30% for DAO locked).
90% of SPACE paid for minting NFT is directly burned and 10% is used as platform fee (70% for NFT bonus and 30% for DAO locked).
5% of the NFT marketplace trading volume is used as platform fee (70% for NFT bonus and 30% for DAO locked).
90% of the SPACE paid for creating spacebases or increasing the quota of members will be directly burned and 10% will be used as platform fee (70% for NFT bonus and 30% for DAO locked).
For some single farm pools, if the rewards is harvested within 30 days, 50% of the rewards will be used as the platform fee (70% for NFT bonus and 30% for DAO locked).
Using LP tokens to raise funds for the project in Starter, the raised SPACE tokens will be burned.
