$BNNF Tokenomic

from BananaFinance

What is Banana Token (BNNF)?

$BNNF is the native governance token of our project. We create BNNF to be a ‘dividend eligible’ revenue share in Banana Finance which holders earn profits generated by Banana Finance and are entitled to vote on important platform decisions.

But for now, most of the rewards from the Banana platform will be directly or indirectly shared with $BNNF token holders.

Presale (10%)
For all early adopters, this is your chance to be a part of it. We are selling 10% of our total supply for 14 days. *To incentivize early adopters, there was a bonus rewards period for the first 15 days after launch.

Ecosystem (70%)
As 70% of the total supply means 75,600,000 BNNF tokens, will be distributed to the users of the protocol. Plus less than 13% of the tokens vesting to the team over a one-year period.

Over this one-year period, BNNF will be released with a decaying emissions schedule. In total, there will be 29,704,320 BNNF. This plan will keep repeating for another year then the reward per block will change after that.

Development Fund (12%)
12% of the total supply will go towards the development fund and expanding the team and will be distributed the same as one-year vesting.

Warchest (8%)
There is an allocation of 8% of the total supply reserved for future strategic expenses. Including listing fees, audits, third-party services, liquidity for partnerships, etc.

No more than 2.5% can be withdrawn each month, with the only exception being if there is prior approval from a community vote.