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. Community reward (liquidity mining, staking, DAO, ecosystem): 80%

  2. Investor + Advisor: 5%

  3. Dev fund + Future employee: 10%

  4. Growth + Marketing fund: 3%

  5. IFO: 2%