$YYU Tokenomics

Let's talk numbers and figures!

99% of lifetime supply of YYU will be distributed by mining. 1% (500,000 YYU) is created on genesis for use in presales and for use of liquidity pool. Any remaining unused pre-mined YYU will be burnt.

The total amount of YYU is 50,000,000, which will be released in about 8 years through mining.

95% of YYU released by mining is distributed to users and 5% is reserved for the development team. (e.g 95 goes to pool, 5 goes to dev wallet)

Mining will be divided into 5 stages:

YYU is mined every Ethereum block (around ~ 20 seconds a block)

Below is the schedule of mining=>

Genesis Mining: 50 YYU /block,total 50,000 blocks(~7 days)

Stage 1: 5 YYU /block,total 5,000,000 blocks(~1.9 years)

Stage 2: 2.5 YYU /block,total 5,000,000 blocks(~1.9 years)

Stage 3: 1.25 YYU block,total 5,000,000 blocks(~1.9 years)

Stage 4: 0.625 YYU /block,total 5,000,000 blocks(~1.9 years)

To encourage international users, token distribution design will help existing Uniswap liquidity providers to start migrating to YucanSwap more easily. There will be 2 Liquidity Pools on YucanSwap, any Uniswap LP Token holder can put those LP Tokens into YucanSwap pools. The YYU mined will be distributed among the 2 Liquidity pools, with the YYU/ETH having 10x the rewards. Details about all Pools will be released in another update.

YucanSwap smart contract will be able to include or exclude Liquidity Pools (from Uniswap) as and when, if the community vote for it.

1% of YYU total supply will be pre-mined for presale. This is to reward YYU early adopters of the Yucan Ecosystem. ETH raised from presale will be allocated to provide liquidity on UniSwap upon listing, and this initial liquidity will be locked on Unicrypt immediately after listing.