Hyper Finance
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HYFI
$HYFI (HyFi.pro) token is the governor and incentive token used for the Hyper Finance project. It is issued for our mining users as rewards.
HYFI Contract Address: 0x9a319b959e33369C5eaA494a770117eE3e585318

Token Supply & Emission

The HYFI token supply & emission will be set at 200 million (200,371,432) tokens and with an emission schedule over two (2) years.

Mining Rewards

80% (160 million) HYFI would be produced through mining and start with 1,889,280 HYFI per day.
HYFI emission will be reduced by 20% at the beginning of week 2, 3 and 4; HYFI emission will further be reduced by 30% at the beginning of week 5, 6, 7, 8, and 9. From week 9, the daily emission will stay constant. The total emission duration is 2 years (104 weeks).
Emission details as below:
Period
Daily Emission
Total Emission
Apr 2, 2021 ~ Apr 9, 2021
1,889,280
13,224,960
Apr 9, 2021 ~ Apr 16, 2021
1,511,424
10,579,968
Apr 16, 2021 ~ Apr 23, 2021
1,209,139
8,463,974
Apr 23, 2021 ~ Apr 30, 2021
967,311
6,771,180
Apr 30, 2021 ~ May 7, 2021
677,118
4,954,522
May 7, 2021 ~ May 14, 2021
473,983
3,317,878
May 14, 2021 ~ May 21, 2021
331,788
2,322,515
May 21, 2021 ~ May 28, 2021
232,251
1,625,760
May 28, 2021 ~ Apr 22, 2023
162,576
109,036,389

Early Exit Tax (short term capital gain tax)

Users will receive their HYFI reward from the staking with 2-week lock-up.
Users are still able to claim their HYFI reward before the end of their lock-up but with a 50% Early Exit Penalty. These part of HYFI will be immediately burned. As such, the most loyal HYFI holders will stand to gain the maximum benefit upon the conclusion of the 2 weeks vesting period.

Token Distribution

  1. 1.
    Community reward (liquidity mining, staking, DAO, ecosystem): 80%
  2. 2.
    Investor + Advisor: 5%
  3. 3.
    Dev fund + Future employee: 10%
  4. 4.
    Growth + Marketing fund: 3%
  5. 5.
    IFO: 2%
Last modified 6mo ago