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Tokenomics (Poly) (Old)
MUFFIN has a maximum supply of 150,000,000. The maximum supply cap is coded in the Polygon contract and cannot be changed.
The initial emission rate is 30 MUFFIN per block. Half (15 MUFFIN) will be assigned for our farm/pool and the other half will be for game mining.
The emission rate is reduced by 3% every 37550 blocks (~24 hours) automatically until a final emission rate of 2 MUFFIN per block is reached and will eventually end when maximum supply is reached.
Unlike other yield farms where developers manually update emission rates, our emission rate reduction logic is coded in the contract and cannot be changed.
This mechanism is designed to reward early believers and slow down the inflation of token supply.
9.09% of emissions will be allocated to project funds to fund product development and growth of the project.
- Buying from launchpad or post launchpad — secondary market
- Liquidity mining — Stake MUFFIN-MMF tokens to earn MUFFIN tokens or stake MUFFIN tokens to earn more MUFFIN tokens.
- Game mining — For every bet you make and that you lose, you will gain MUFFIN tokens
In Croissant Games, players can play games to earn MUFFIN tokens (also known as transaction mining).
Play-To-Earn rewards is awarded to players for every $MUFFIN wagered losing bet and is computed by the following formula: 0.5% x Waged Amount (Loss) Eg, if user bet 2,000 MUFFIN and loses the bet, he/she will receive 0.5% x 2,000 MUFFIN = 10 MUFFIN By having a fixed transaction mining value at 0.5%, we will be able to prevent exploit because our house edge is at least 1% for all games.
This ensures the Expected Value (EV) of gambling always remain negative, thus preventing any exploits targeting casino reserves or MUFFIN token price.