Ingot Token
Introduction
Ingot Token is the main fungible token in Ingot Farming ecosystem. It is emitted in a deflationary way by the staking of NFTs in Pool Farming. Furthermore to increase deflation, each time a user buys an Ingot NFT in the store, all tokens spent are immediately burned.
Holders can use the token to buy new NFTs in the store, until reach the mintable limit, voting for governance and trading for other tokens in DeFi system.
Token Emission
on BSC* Afterwards, emissions happen when the Project launches, starting at 10 Ingot tokens per block and halves every 4 weeks until it stabilizes after 24 weeks at 0.15625 INGOT per block:
on ETH* Afterwards, emissions happen when the Project launches, starting at 40 Ingot tokens per block and halves every 4 weeks until it stabilizes after 24 weeks at 0.625 INGOT per block:
90% to community via yield farming
10% to developers
Token spent in the store are immediately burned
*thresholds are calculated by current Average Block Time ETH: 14 sec BSC: 3 sec
Token Allocation
Circulating supply at launch 3.000.000 INGOT:
Token Pre-Sale -1.950.000 INGOT
Initial LP Pancake - 1.050.000 INGOT and 600 BNB (or 0,057%)
Circulating supply after 1 year 15.660.000 INGOT:
Token Pre Sale - 1.950.000 (10,5%)
Initial LP on Pancake - 1.050.000 (5,6%)
Community Farming - 14.094.000 (75,5%)
Team - 1.566.000 (8,4%)
Token Specification
Name: Ingot Token
Symbol: INGOT
Network: BSC
Spec: BEP-20
Precision: 18
Smart Contract Address: 0x45795Fa0d1685B77C0554Cdd7451012a2095C22E
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