Polyshark Finance
  • PolyShark Finance
  • Launch
  • Roadmap
  • Tokenomics
    • $SHARK Token 🦈🦈🦈
    • Burning 🔥🔥🔥
  • Security
    • Contracts
    • Audits
  • Misc
    • Social Networks
  • FAQ
  • Transferring Funds to Matic
  • Withdrawing Funds to Matic
  • TUTORIALS
    • Set up MetaMask Wallet
    • Buy Shark token
    • Set Up the Matic Network in Metamask
    • Bridge Funds from Ethereum Network to Matic
    • Stake LP Shark Token
    • Stake on PolyShark pools
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  1. Tokenomics

$SHARK Token 🦈🦈🦈

PreviousRoadmapNextBurning 🔥🔥🔥

Last updated 3 years ago

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  • Ticker : $SHARK

  • Name : PolyShark Token

  • Token Contract : 0xD201B8511aaB3E9b094b35ABcD5d7863c78D6d0e

  • Blockchain : Polygon (Previously Matic)

  • Supply : Unlimited

Emission Rate

As we stated in the introduction, infinite supply isn't good for tokenomics.

However, we want to reward early users, the people who trust us and our vision. That's why the supply will be unlimited until we decide to stop the emission of new tokens by bringing the emission rate to 0.

The emission rate is automatically reduced based on the protocol usage and time. The following numbers will be only true at Launch but will keep decreasing as we gain momentum.

  • Initial Emission Rate : 0.5 $SHARK per block

  • Emission Reduction : 3% every 48 hours or when a liquidity treshold is passed

  • Marketing Fees : 10% ( to be reduced )