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      • Glory
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  • Deflationary Design via in-house Games
  • Max Supply

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  1. PROTOCOL
  2. Tokens

Glory

PreviousTokens

Last updated 3 years ago

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$Glory token is the governance token of the FarmHero protocol.

$Glory token mints at a speed of 33.333 per second. The initial daily production rate is 2,880,000 $Glory per day.

The production speed will decrease by 10% every 7 days, for 21 times. After that, $Glory token will keep the speed. The first year will produce 255521677 $Glory token, after that, each year will produce 127,451,238 $Glory token.

Deflationary Design via in-house Games

Both the auction game and the fomo game are designed to burn $HERO token continuously. It will ensure that $HERO price is supported and avoid the sell-off of normal yield farming protocols.

Percentage

Usage

30%

Reserved for Future NFT Farming

30%

Vault Farming

23%

Reserve for Ecosystem such as partnership and future incubation

5%

Genesis NFT Farming

7%

Team

5%

Community Rewards such as bug bounty, marketing campaign, airdrops

Right now, as we are at genesis yield farming, most of the tokens produced each day (60% around) are locked. Please check our website for the current circulating amount of $Glory token. With the deflationary design the team expect the token supply would be stabled at 300 million - 400 million.

Max Supply

There is a max supply of 500 million $Glory tokens. When it reaches 500 million, $Glory won't mint. Tho this will change according to DAO vote by $Glory token holders.