Tokenomics

Tokenomics

GURU token is the native token of BitGuru

Max Supply: 80,000 $GURU

BitGuru started with no pre-farm nor pre-sale. $GURU are minted linearly starting from 15 March 2021 and will end approximately during March 2024 (0.008 $GURU/ block: which is approximately 230.4 $GURU daily).

To ensure fair distribution of $GURU, only vault users (non-turbo vaults) will be able to mine $GURU tokens in addition to the yields from auto-compounding vaults.In the next 3 years, Guru's output will be halved every 173 days or so.

Details:

Deflationary Tokenomics:

Part(8%~30%) of vault users' profits are used to perform market buy-backs and these $GURU are burnt out of supply forever here.

Part(8%~30%) of vault users' profits are used to deliver bonus to $GURU holder.

Part Number : DAO vote to decide ,init at 8%.

Utility:

• Receive fees from cross-chain vaults

• Receive fees from DEX aggregator

• Governance

Percentage Breakdown:

• ~88% are available for the vault token mining program

• ~12% are dedicated to the team to ensure sustainable and rapid innovation