Tokenomics

EMBR is the platforms utility token.

EMBR token address is 0x1936aE42b59876192a2E263B3807343c448e3c85 Staking EMBR gives esEMBR. esEMBR token address is [REDACTED]

Staking

Stake EMBR to receive esEMBR tokens. esEMBR can be staked to receive revenue share from the platform. esEMBR can also be vested over a 1, 3, or 6 month period to receive EMBR tokens.

ETH can be staked to receive esEMBR, although at a slower rate than staking EMBR. This is to generate borrowable liquidity for the platform and to reward ETH stakers with no directional exposure

Supply

There is a fixed supply of 30 million EMBR tokens. The initial circulating supply is 30% and is completely dedicated to the liquidity pool.

15 million tokens are for community rewards (staking, and other actions rewarded on the platform).

8.75 million tokens for initial LP.

3 million tokens for team members. (team tokens are vested over a 2 year period and don't begin unlocking at all until 3 months after launch.)

250k tokens airdropped to loyal users who participated in the now cancelled presale.

The original 3m tokens for the cancelled presale will be burned.

Buy/Sell Tax

Upon launch there will be a 5% buy/sell tax. The taxes will be completely removed after our bootstrapping period. Taxes are distributed to holders, the protocol, and the team. 4.5% to the team

0.5% to holders