CHEESE Emissions Schedule

Total CHEESE token issuance will be under the following parameters:

  • Fixed Max Supply = 9,313,200 tokens

  • Emissions Schedule = 75000 in week 1, 390 decrease per week. This will go on for 156 weeks. At week 157 onwards, rewards will cease indefinitely.

Buyback tokens can be released after total token supply has been issued, under discretion of the CHFRY DAO.

Team tokens will be vested over 2 years at monthly intervals, starting from the 4th month post-launch.

Left y-axis= Cumulative Tokens Issued; Right y-axis = Block Rewards per Week; X-axis = Number of weeks from launch

For Internal Ecosystem Building

25%, under security of the multisig wallet

9.5% - DAO Bootstrapping

4% - Bug Bounty Program

10% - Team

1% - DEX Liquidity Pool Bootstrapping

0.5% - Airdrop & Community Building

For Participant Rewards:

75% - Farming Rewards. To ensure robust protocol development in its early days, early participants can earn rewards in CHEESE tokens, which offer governance voting rights within the CHFRY ecosystem.

75% of total CHEESE issuance will be allocated as diminishing block rewards over a 3 year horizon. Of this 75%,

8% will be allocated under an internal staking pool for team

57% will be allocated under staking rewards for LPs and fryUSD / CHEESE stakers

10% will be allocated for Flash Fryer rewards for flash loan users

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