Tokenomics
Token allocation/emission
CarboSwap's token overview [utility token]
Ticker: CARBO
Contract Address:
Chain: Aptos
Total Supply: 129'280 CARBO
CARBO is a token that powers the CarboSwap ecosystem.
Earn CARBO from Turtle Farms, Turtle Pools, or by swapping Aptos tokens for some:
Stake CARBO in our Turtle Pools to earn passive income
Add liquidity to a CARBO LP pair and stake in the Turtle Farms to earn even more tokens
And there's much more on the horizon for CARBO...
Initial token allocation
We believe that it's truly important for our native token to have a fair and competitive tokenomics.
Here is an idea of the initial token allocation:
With a total supply of 129'280 CARBO, here is how tokens get distributed:
87'910.4 CARBO belongs to the reward pool. These tokens slowly get allocated to protocol users through incentives to ensure growth. [Reward pool link: https://apscan.io/]
14'350,08 CARBO will be part of the team wallet, among which 12'928 CARBO (90.09% of the team wallet) will allow ICO participants to hedge themselves in the first few weeks. The team wallet tokens are locked until November the 1st of 2023. From that point on, 4.17% of the tokens will unlock themselves each month. Team wallet tokens can't be staked in our products. [Team wallet link: https://apscan.io/]
12'928 CARBO will be injected into the initial liquidity pool with 6'464 APT, meaning that 1 CarboSwap token will be worth 0.5 Aptos Coins at public launch. Liquidity will be added through a multisig and locked for 10 years by our smart contract. [Liquidity pool link: https://apscan.io/]
12'928 CARBO will be sold during an ICO that aims to raise 6'464 APT. This event will be held privately to reward our early members and funds raised will be used to boostrap CARBO's liquidity pool. [ICO Wallet: https://app.m-safe.io/]
1'163,52 CARBO will go to a community owned wallet led by multiple trusted members of our community through a multisig. This will allow them to perform big community events and potential partnerships with other projects and communities. [Community Wallet: https://app.m-safe.io/]
CARBO token emission rates
CARBO token emission rates are subject to halvings every 30 days, this means that rewards will be cut in two to ensure that inflation doesn't get out of hand.
This is how many tokens will get minted monthly
On the first month
Emission
61.04
1465.17
43'955.2
Burned
45.79
1098,88
32'966,4
Effective Emission
15.25
366.29
10'988,8
The number of CARBO tokens in circulation over the next 40 months
Circulating supply never goes over 63'957 tokens because 75% of the reward pool tokens get burned.
Distribution
On the first Month
Turtle Farms
~8.33%
~0.084
~122.1
Turtle Pools
~16.67%
~0.17
~244.19
Total CARBO emission
~0.254
366.29
Token emission chart
Last updated