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