> For the complete documentation index, see [llms.txt](https://docs.taraswap.info/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.taraswap.info/docs/getting-started/tswap/usdtswap-emission-schedule.md).

# $TSWAP Emission schedule

## Emission scheme

<figure><img src="/files/ZPehhw5QD0ERhOhvQcOi" alt=""><figcaption><p>Linear $TSWAP emmission scheme</p></figcaption></figure>

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.&#x20;

[<mark style="color:red;">**As an anonymous and community-led project we reserve the rights to change these tokenomics as long as the community wants it.**</mark>](#user-content-fn-1)[^1]

| # 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:&#x20;

\
-> 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.  &#x20;

### 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.&#x20;

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.&#x20;

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

[^1]: Taraswap community testament