SpookySwap's token, BOO, is a governance token and in the future will collect a portion of protocol fees. BOO has a Total Max Supply of: 13,666,000
Chart of Supply Distribution
The non-striped colored slices of the chart represent initial supply that will be minted by the team and allocated accordingly. The stripped region represents the supply to be minted over 3 years through the Farms.
Note: All supply distributions are subject to change with community feedback and governance discussions
The initial mint will be 20% of the Total Max Supply and will be broken down as follows:
% of Max Supply
Number of Tokens
Locked Developer Funds
BOO Single Stake IFO
New Boo Bonus
The Initial Dex Offering will use the allocated 2% of the Total Max Supply of BOO (273,320 BOO) and $50,000 worth of FTM, making the initial price of BOO $0.18. The LP tokens received by the development team for making the initial pool will be timelocked for 365 days.
The Initial Farm Offering will use the allocated 4% of the Total Max Supply of BOO (546,640 BOO). This supply will be distributed to BOO stakers over the course of 12 weeks.
The vesting schedule for the developer funds is as follows, as a % of the resulting net 5%:
10% Initial Allowance
22.5% after 60 days
22.5% after 120 days
22.5% after 180 days
22.5% after 240 days
Initial BOO-wFTM pool LP tokens - 360 days
After the initial mint, the remaining supply will be minted over 3 years, following our Emissions Schedule.
The emissions will be distributed as follows:
% of Max Supply Allocated
Number of Tokens After 3 Years
LP Farm Rewards
Our team would like to help other projects on Fantom. The community will decide where the Monthly Grants are donated to. More details coming soon.