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Tokenomics
Lucky Lion is a fair launch project with no pre-sale and no investor. Similar to many fair launch projects, we will reward various participants that help bootstrap our ecosystem. This will be the only way to earn LION tokens.
- 1.Fair Launch Tokens released
- 2.Swap for LUCKY Tokens via PancakeSwap exchange
- 3.Use your LUCKY Tokens in the yield farm and get rewarded
- 4.Use your LUCKY or USDT as credit to play games and win rewards
- 5.Earn up to 9% revenue share by staking your LUCKY Tokens in the revenue sharing pool
- 6.You're free to trade your Tokens whenever you like and exchange back to Fiat from your favourite exchange
- Farming: LUCKY Tokens are used for farming and get interests back.
- Revenue Sharing: LUCKY Tokens are used for staking in our revenue sharing pool, allowing players to earn up to 9% revenue share.
- Play: LUCKY Tokens are used for playing in our iGaming.
- Payment : LUCKY Tokens are used as a payment currency in our NFTs Marketplace along with other tokens.
LUCKINOMICS
At fair launch 1%, 1,000,000 LUCKY Token are used for seeding Lucky Lion’s LUCKY-BUSD pool. 1,000,000 $LUCKY - 30,000 $BUSD.
Then after farm launch, 65% of our total supply will be distributed to all users depositing in Yield Farming LP Pools with only 9% of the tokens vesting to the team over a two-year period. Over this time, LUCKY Tokens are going to be released with a decaying emissions schedule. In total, there will be 100 million $LUCKY. To incentivize early adopters, there will be a special multiplier bonus rewards period. Please see chart below for details.
Below is the planned block reward schedule, hence, the first 24 months circulating supply of LUCKY Token can be shown as follows:
There is an allocation of 20 million tokens reserved for managing the ecosystem and integrating with other protocol. The ecosystem includes the Initial liquidity for partnerships, Referral Program, Play to Earn and iGaming Prize Fund. 7,000,000 of these tokens are used for Initial liquidity for partnerships, Referral Program and Play to Earn. 1,000,000 of these tokens are used for the initial iGaming prize fund. To avoid diluting the token and a price dump, we've also implemented a further restriction for the rest. No more than 500,000 tokens can be withdrawn each month, with the only exception being if there is prior approval from a community vote.
The platform will not exist if we don’t have the funds to support the team and hence 9% of the distributed tokens will go towards funding development and team expansion. This fund has a two year vesting period to ensure that the team is here long term – no pump and dump here.
There is an allocation of 5 million tokens reserved for future strategic expenses. These include listing fees, audits, third-party services, etc. To avoid diluting token , we've also implemented a restriction here. No more than 200,000 tokens can be withdrawn each month, with the only exception being if there is prior approval from a community vote.
Staking LUCKY - BUSD LP into this pool and earn a share of the revenue from iGaming platform in LUCKY each week. The more you stake, The more you earn. More detail in the Revenue Sharing Pool page.
Last modified 9mo ago