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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
Last modified 4mo ago