Bone ShibaSwap
BONE
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Bone ShibaSwap Token allocation
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Bone ShibaSwap Info
Bone ShibaSwap Intro
BONE is the governance token introduced by ShibaSwap, a decentralized exchange platform that arose from the Shiba Inu ecosystem. Launched in 2021, ShibaSwap positions itself as a community-driven DeFi platform, providing tools for users to trade, stake, and participate in decentralized finance activities.
BONE is one of the three tokens in the ShibaSwap trinity, accompanying SHIB, LEACH, and BONE. It holds a pivotal role in shaping the platform's future, as BONE holders have the privilege to propose and vote on changes or enhancements to ShibaSwap, granting it its governance functionality. Additionally, the token can be staked or "buried" and "dug" in liquidity pools, allowing users to earn rewards over time.
Above are only for introduction, not intended as investment advice.
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Q&A about Bone ShibaSwap Tokenomics
What is the allocation & supply schedule for bone-shibaswap (BONE)?
The total supply of Bone ShibaSwap (BONE) is capped at 230,000,000 coins, with approximately 229,923,351 BONE in circulation as of May 2023.
As outlined in the GitBook document, 10% of the total emissions are designated for the Multisig-controlled treasury and Development Fund. Furthermore, holders of the tBONE token receive 0.05% of the exchange trade fees. Regarding the monthly BONE emissions, roughly 13,824,000 $BON tokens are generated each month, primarily intended for stakers and liquidity providers (LPs).
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