Each block on BNB Smart Chain contains new tokens that are released for the Ecosystem:
Trading Cycles, Farming, Staking and Trading cycle v2 Vault.
Reward per Block
Reward per Day
Trading Cycle v2 Vault
The allocation can be changed at a later stage via governance.
50% of trading fees are used to buyback and burn PALM. Post that, the 50% will be used to buy back and hold the PALM tokens in the Trasury.25% of Treasury will be used for insurance funds and the remaining 25% for protocol operations.
Will be active once public mainnet is live!
PALM Token Distribution
Community Fair Launch (CFL)
100,000,000 PALM tokens (10%)
Community fair launch, on September 20th, 2022.
Vesting: 25% at TGE, beginning day 30 after TGE, daily release over 3 months.
20,640,000 PALM tokens (2,06%)
The seed sale round was led by Crypto Oasis as the lead venture.
Vesting: 0% at TGE, beginning day 61 after TGE, daily release over 18 months.
22,912,532 PALM tokens (2,29%)
Vesting: 0% at TGE, beginning day 46 after TGE, daily release over 15 months.
Team & advisors
170,000,000 PALM tokens (17%)
Vesting: 0% at TGE, beginning day 180 after TGE, daily release over 30 months.
Ecosystem & rewards
525,000,000 PALM tokens (52,5%)
Ecosystem and rewards that benefit traders and stakers who participate in the Palmswap Protocol ecosystem. With the transition from Palmswap Protocol to community governance, the distribution of ecosystem rewards will be decided by the Palmswap Protocol community.
49,786,075 PALM tokens (4,97%)
Vesting: 0% at TGE, beginning day 30 after TGE, daily over 12 months.
Market Maker & Liquidity
37,500,000 PALM tokens (3.75%)
Vesting: 46.5% at TGE, beginning day 30 after TGE, daily over 3 months.
Early User Airdrops
4,500,000 PALM tokens (0.45%)
Vesting: 100% at TGE
30,000,000 PALM tokens (3%)
Vesting: Elicited when there is a loss in the Protocol to compensate for the loss.
39,461,393 PALM tokens (3.94%)
Vesting: Can be claimed at least 6 months after TGE if needed.