$TSWAP Emission schedule

How will $TSWAP shape the Taraxa token market

Emission scheme

Linear $TSWAP emmission scheme

Taraswap employs a linear emission scheme over 12 years for the $TSWAP token, where:

-> we employ an initial FDV evaluation of 6M USD for $TSWAP as the full value of the Taraswap project.

-> the first 6 months we deploy monthly incentives distributed to the top pools volume-wise, leaving a 2-5% for fringe tokens.

-> after the first 6 months, we will distribute $veTSWAP tokens, which are 6 month linear maturity vested tokens.

# of Month	Monthly emmission($TSWAP)	Initial valuation monthly emission(USD)
1	8333333	49999
2	8333333	49999
3	8333333	49999
...	...	...

5% Liquidity lock

To provide a relative value to our yields, the Taraswap team decided to use 5% of the total $TSWAP supply for liquidity provision.

This ensures:

-> a healthy market for the $TSWAP token.

-> a more liquid, circular economy and more incentives for liquidity providers to join our platform. -> a source of income for the Taraswap team to finance R&D of the Taraswap protocol.

Launch emissions & incentives

We have created 3 incentives on the 3 deepest TVL pools: -> 1.7M $TSWAP over the first month on the $TARA/$LARA pair. -> 2.1M $TSWAP over the first month on the $USDT/$TARA pair. -> 4.2M $TSWAP over the first month on the $USDM/$TARA pair.

With this, we want to incentivise: -> bridging $USDT to $TARA -> minting $USDM and consequently locking $TARA -> buying up $TARA and providing LP with it for a more liquid market.

Short-term incentives

Besides the main incetivised deep liquid pools, we will create in an ad-hoc manner short-term incentives for fringe pools after launch.

Be on the lookout for these pairs as they will yield high APY for short periods of time!