$MORE Tokenomics: Emission Plan

Since our soft launch, we embarked on a mission to distribute a reasonable amount of MORE, the protocol governance token to early adoptoors and liquidity bootstrappoors. Now we are moving from a period of bootstrapping to one of sustainability.

TLDR

  • Allocation to farms
  • xMORE and veMORE plans

Protocol MORE

Purpose of The Protocol’s Wallet

Proposed Monthly Allocation: 4,050,000 More Token

A donut Chart representation of the monthly allocation.

Incentivising LPs and farms:

  1. Curve Money-av3crv Farm: 28.2% (1,000,000 MORE)**
  2. Pangolin AVAX-MONEY Farm: 7.04% (250,000 MORE)
  3. Trader Joe AVAX-MONEY/MONEY-USDC Farm (Launch date TBD): 5.63% (200,000 MORE)
  4. MORE Staking: 2.82% (100,000 MORE)

*This farm reward will continue to be distributed on trader joe for the next 30 days.
**The current farm ends on March 8 and we will be reconsidering our options in regards to rewards mechanics and vesting.

Protocol Funding Wallet Depletion

To learn more about upcoming plans for xMORE and veMORE, keep an eye out for our next medium post!

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Moremoney Finance

Moremoney is a protocol for borrowing against your liquidity pool tokens and other interest and non-interest bearing tokens, while still earning a healthy APY.