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LNS Documentation
  • Introduction
  • Terminology
  • Frequently Asked Questions
  • Tokenomics
  • LNS Deployments
  • Registrar Frequently Asked Questions
  • Deploying LNS on a Private Chain
  • DNS Registrar guide
  • Bug Bounty Program
  • ENS Improvement Proposals
    • ENSIP-1: ENS
    • ENSIP-2: Initial Hash Registrar
    • ENSIP-3: Reverse Resolution
    • ENSIP-4: Support for contract ABIs
    • ENSIP-5: Text Records
    • ENSIP-6: DNS-in-ENS
    • ENSIP-7: Contenthash field
    • ENSIP-8: Interface Discovery
    • ENSIP-9: Multichain Address Resolution
    • ENSIP-10: Wildcard Resolution
    • ENSIP-11: EVM compatible Chain Address Resolution
    • ENSIP-12: Avatar Text Records
  • Dapp Developer Guide
    • LNS Enabling your DApp
    • LNS Libraries
    • Working with LNS
    • Resolving Names
    • Managing Names
    • Registering & Renewing Names
    • LNS Front-End Design Guidelines
    • LNS as NFT
  • Contract API Reference
    • Name Processing
    • Registry
    • ReverseRegistrar
    • PublicResolver
    • .bch Permanent Registrar
      • Registrar
      • Controller
    • DNS Registrar
  • Contract Developer Guide
    • Resolving Names On-chain
    • Writing a Resolver
    • Writing a Registrar
    • LNS Support Chat
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  • Tokens circulating at launch: 15% of total or 150,000
  • Tokens locked in staking: 35% of total or 350,000
  • 1 year vested team tokens: 50% of total or 500,000
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Tokenomics

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Last updated 3 years ago

1 million created, hard cap

LNS can be converted to xLNS to receive rewards - LNS is bought back at market price with 100% of the BCH accumulated from sales using a smart contract and provided to xLNS holders through the . This means, for each domain sale, there is a corresponding purchase of LNS (the purchases are aggregated).

33% of circulating supply at launch will be used to provide liquidity.

Tokens circulating at launch: 15% of total or 150,000

  • 50,000 LNS / 5% — airdrop to xMIST holders

  • 50,000 LNS / 5% — sold in private sale at $2 million valuation

  • 25,000 LNS / 2.5% — provided for liquidity

  • 25,000 LNS / 2.5% — sold in private sale for liquidity

Tokens locked in staking: 35% of total or 350,000

These tokens will never be publicly available on the market. They are held in a smart contract which can only sell staking earnings in exchange for MIST for xMIST holders. At launch, this means at minimum 70% of all available tokens are staked and earning revenue for xMIST holders. After one year, this amount will fall to a minimum of 35%.

  • 350,000 LNS / 35% — staked for MISTbar

1 year vested team tokens: 50% of total or 500,000

These tokens are vested over a 1 year period. Approximately 1370 tokens are made available in total to the recipients daily.

  • 250,000 LNS / 25% — held in a sablier contract for mainnet_pat

  • 250,000 LNS / 25% — held in a sablier contract for MistSwap

staking system