📙Tokenomics
The IKKI protocol utilizes two proprietary utility tokens: IKKI and xIKKI.
Each of these two tokens serves a specific, yet complementary purpose. Ikki Protocol uses IKKI tokens as a reward token to the incentive liquidity provider on the IKKI platform, While xIKKI is a yield-bearing token.
IKKI is the primary native utility token of the Ikki ecosystem. It adopts an emission model, where 1Billion IKKI will be produced the first year, halving every year thereafter (e.g. 500M second year), with the per block emission dependent on chain technical design.
IKKI Distribution
100M developer fund - 10%
37.5M Initial Liquidity & presale - 3.75%
62.5M Ecosystem Development Fund - 6.25%
50M Network Security - 5%
750M to the community as a reward - 75%
xIKKI is a yield-bearing token. It's inspired and builds upon successful mechanics from other protocols such as Sushiswap (xSushi), Trader Joe (xJoe), and Curve (veCurve). More details on xIKKI will be released through Medium Article.
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