Token and Supply Breakdown
All things spooky token
SpookySwap's token, BOO, is a governance token and in the future will collect a portion of protocol fees. BOO has a Total Max Supply of: 13,666,000
Chart of Supply Distribution
The non-striped colored slices of the chart represent initial supply that will be minted by the team and allocated accordingly. The stripped region represents the supply to be minted over 3 years through the Farms.
Note: All supply distributions are subject to change with community feedback and governance discussions
Initial Supply
The initial mint will be 20% of the Total Max Supply and will be broken down as follows:
Initial Dex Offering (IDO)
The Initial Dex Offering will use the allocated 2% of the Total Max Supply of BOO (273,320 BOO) and $50,000 worth of FTM, making the initial price of BOO $0.18. The LP tokens received by the development team for making the initial pool will be timelocked for 365 days.
BOO Single Stake Initial Farm Offering (IFO)
The Initial Farm Offering will use the allocated 4% of the Total Max Supply of BOO (546,640 BOO). This supply will be distributed to BOO stakers over the course of 12 weeks.
Vesting Schedule
The vesting schedule for the developer funds is as follows, as a % of the resulting net 5%:
10% Initial Allowance
22.5% after 60 days
22.5% after 120 days
22.5% after 180 days
22.5% after 240 days
Initial BOO-wFTM pool LP tokens - 360 days
Remaining Supply for Emissions
After the initial mint, the remaining supply will be minted over 3 years, following our Emissions Schedule.
The emissions will be distributed as follows:
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