Emissions Schedule
Last updated
Last updated
The core business of the Pacman protocol is leveraged yield farming. As the product becomes more advanced and the number of users increases, the revenue of Pacman finance farmers will depend on the protocol charge fee. In the early stages, Pacman will incentivize early contributors such as lending suppliers, leverage farmers, and governance voters to attract more users and funds.
Pacman's emissions will be divided into three phases, with a different reduction in emissions for each phase.
18,000,000 PAC will be distributed over the course of more than 120 epochs, at a 10%~1% exponential decay.
[0,3]
epochs
637500
0.9
[3,11]
epochs-3
464737.5
0.95
[11,]
epochs-11
308316.3528
0.99
In our design of PAC emissions, we also consider the impact of locking vePAC. Emissions are distributed in a system of decreasing inflation, resulting in a smaller amount of PAC tokens being minted over time.