CORN

Tokenomics

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.