# CORN

![](https://2789972146-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FvxkvOQZvWprat2kjFxKG%2Fuploads%2F74PzzjiLMm6LFvgHGx5i%2Fimage.png?alt=media\&token=5b934c99-eee9-4bc7-91fd-15bbaa7b7c00)

**Token:** CORN

* **CORN:**  0x11172cfc4332754d19820a65105c16d9201805c3​

* **MasterChef:** ​0x5ce71724170cf84505a590015403bcacf79d5f54

* **Timelock:** (delay: 24h) 0x45f2e32a4521c7c011144bd54b66abead035625e

* **Chain:** BSC 

* **CORN:**  0x8b6e74ee16132e9fd1693e1be5a5eb148e4b0720​

* **MasterChef:** ​0xdb2d66b220f5B998aBd00f8fe9687535Ac17a86C

* **Timelock:** (delay: 24h) 0x45f2e32a4521c7c011144bd54b66abead035625e

* **Chain:** AVAX 

**Emission rate:**

* **Reward per block** - 0.05 CORN
* **Daily emission (Based on 28.8k blocks per day)** - 1,440 CORN per day
* **Max Supply** - 1,000,000

**Deflationary Mechanics:**

* Farms & Pools will get CORN depending on the multiplier shown on the top right corner;
* \~9.09% will be sent to the developer's address for further development of the platform;
* As soon as the lottery is implemented, 20% of the pot will be burned.

**Distribution:**

* **Farmers** - 90.9% of the rewards per block (1 CORN)
* **Farmers daily** - 1,440 CORN (based on 28,800 blocks per day)
* **Devs & Incentives** - \~9.09% of the rewards per block (0.1 CORN)

**Fees:**

SimplyCornSwap collects a 4% deposit fee to periodically purchase CORN on the market and burn them. This will reduce the supply and pump your bags!

**Time lock**

We will be adding a timelock contract as the owner of the masterchef. The timelock will be activated with a **24h delay**, this should give you enough time to validate any of our transactions.