BEANSTALK
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Ticker : BEANSTALK
Contract Address :
Chain : Binance Smart Chain (BEP20)
There's currently no hard cap on the supply of BEANSTALK token, making it an inflationary token.
Community members often point to this as a cause for concern, and while the dev team certainly understand the wish for a hard cap, there's a big reason we don't expect to set one in the near future:
BEANSTALK's primary function is to incentivize providing liquidity to the exchange. Without block rewards, there would be much less of an incentive to provide liquidity (LP fees etc. would remain). Learn more in the .
Metric
Emission/block (BEANSTALK)
Emission
4,400
Burned
1,100
Effective Emission
<4,400*
*Effective Emission is in fact slightly below this amount: a total of 123,552,000 BEANSTALK per day is diverted from the amount allocated to be distributed and burned. Details below.
Metric
Emission/day (BEANSTALK)
Emission
126,720,000
Burned
-31,680,000
Effective Emission
123,552,000
BEANSTALK Distribution
Distributed to
Reward/block(% of emission)
Reward/block (total BANANA)
Reward/day
Farms
75%
2475
92,664,000
Pools
25%
825
30,888,000
Deflationary Mechanics
At present;
100% of trading fees generated on BEANSWAP are used to buyback BEANSTALK and burn
100% of BEANSTALK raised in IFOs will be burn