Tokenomics
** PLEASE NOTE THIS INFORMATION IS NO LONGER VALID **
BSC $Static
BSC $Charge
BSC xStatic
FTM $Static
FTM $Charge
BSC $Static is the reward token within the Charge DeFi ecosystem. The price of $Static is pegged to $1 USDC, but may be any price as determined by supply and demand.
Tokenomics | Detail |
|---|---|
Expansion | When $Static TWAP is at or above $1.01 |
Expansion Amount | { TWAP – 1.01 * index * circulation } |
Index Amount | Initially set to 0.1 |
$Charge is the utility of the Charge DeFi ecosystem. It will enable investors to receive part of the $Static expansion every epoch. Allocation listed below.
Tokenomics | Amount | Information |
|---|---|---|
Static LP Farm | 29,000 | Linearly every block over 3 months |
Charge LP Farm | 34,787 | Linearly every block over 7.5 months |
Static LP Boardroom | 58,963 | Linearly every epoch over 7 months |
Smart Static Swap | 12,246 | Linearly every epoch over 6 months (expired) |
Team | 12,252 | Linearly every block over 7.5 months |
Reserve | 12,252 | A reserve for new use cases + features |
Audit Bootstrap | 500 | One-time initial fundraise |
Total | 160,000 | |
Please note xStatic was unlocked for ALL members on 21 June 2022 per the announcment made on 16 June 2022. A snapshot was taken at midnight before the announcment that entitles xStatic members to pending Wallet benefits and extra airdrop tokens for the Wallet.
You receive xStatic receipt tokens when you deposit $Static and/or $Static-BUSD LP into the xStatic Membership pool. DO NOT TRADE, SELL, or SWAP your receipt tokens. You need to have your receipts in your wallet to redeem your deposit and to receive your membership benefits.
Deposit Receive Rebase Note
1 $Static 1 xStatic Does not rebase Max cap 20% of Circ or 3M staked
1 $Static-BUSD LP 4 xStatic Does rebase No max cap
🔐 Lockup:
Membership pools lock up for 3 months. Additional deposits reset the Lock timer back to 3 months. Rewards are based on token quantity staked, not $ value of tokens.
xStatic Membership Benefits:
- Pool Rewards in xStatic
- Access to FTM genesis pools
- Early access to Beta features
- Discounts on product fees
- Potential rewards via cashback
FTM $Static is the transactional value token within the Fantom Charge DeFi ecosystem. The price of $Static is pegged to $1 USDC, but may be any price as determined by supply and demand.
Tokenomics | Detail |
|---|---|
Expansion | When $Static TWAP is at or above $1.01 |
Expansion Amount | { TWAP - 1.01 * index * circulation} |
Index Amount | Initially set to 0.1 |
$Charge is the utility of the Fantom Charge DeFi ecosystem. It will enable investors to receive part of the $Static expansion every epoch. $Charge is exempt from the rebase mechanism. Allocation listed below.
Tokenomics | Amount | Information |
|---|---|---|
Static LP Farm | 5,520 | Linearly every second over 2 months |
Static LP Boardroom | 15,462.5 | Linearly every second over 4 months |
Charge LP Farm | 8992.5 | Linearly every second over 4 months |
Smart Static Swap | 3,200 | Linearly every epoch over 4 months |
Team | 3200 | Linearly every second over 4 months |
Reserve | 3,200 | Reserve for new use cases + features |
xStatic BSC Farm | 425 | Distributed to xStatic membership holders on BSC |
Total | 40,000 | |
Last modified 10mo ago