BEANSTALK
BEANSTALK
Ticker : BEANSTALK
Contract Address : https://bscscan.com/token/0x536372b3102e05ca9faf123917e5f2478e6ff1a7
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 Controlling $BEANSTALK Supply Section.
Emission rate
Per block
*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.
Per day
BEANSTALK Distribution
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
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