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$BERRYNOMICS
Token Economics of BERRY
BERRY TOKEN
$BERRY is a sweet yet rare resource of survival in the Farming Era of Funkyland. It is the common ground for bulls and bears. $BERRY is harvested by Bulls and stolen by Bears. There is always a desire of piling up $BERRY among the Bears and Bulls and take control of Funkyland. So let's see the advantages of having $BERRY with you.
$BERRY allows you to use power in Funkyland for your survival. It is the currency of the Farming Era. It will help you to buy/upgrade essential elements for the future. It is an asset that can help in your existence.
Eventually, you can stake your $BERRY which in return will give an adequate amount of Berry. It will add value to your existence in Funkyland . As the number of $BERRY is higher so the species will be stronger.
The $BERRY token has a total supply of 5,000,000,000 tokens.
Here's how the $BERRY is allocated for each group.
Allocations | Token Amount | Percentage Share |
|---|---|---|
Game Incentives | 1,850,000,000 | 37% |
Liquidity Reward | 850,000,000 | 17% |
LP From Team | 5,000,000-50,000,000 | 1% |
Launchpad/VC (optional) | 500,000,000 | 10% |
Business Development | 500,000,000 | 10% |
Cross Chain | 500,000,000 | 10% |
Team (locked 2 years) | 500,000,000 | 10% |
Foundation | 250,000,000 | 5% |
Total | 5,000,000,000 BERRY | 100% |
$BERRY will be burnt after the harvesting season, thus reducing the $BERRY supply
For Bulls, The amount of berries bulls can harvest depends on the harvesting power o the bull. Each Generation of Bull will have a constant harvesting power. Here, harvesting power refers to the number of tokens each bull is allocated per day. For Generation 1, Each Bull can earn 7 BERRY per day
For Bears, the number of berries bears can harvest per day is tricky. The bears can receive their rewards only when bulls claim their rewards. When bulls claim their rewards, 20% of the reward is taxed by the bears and is collected in the bear pool of the day the bulls claimed it. The berries in the bear pool of that day will be distributed equally to all the bears staked on that very day.
So,
Reward for a bear per day = BERRY collected in the bear pool on the day / Number of Bears staked on the day
Funkies | Harvest per day |
|---|---|
Bulls | 100 BERRY (For Generation 1) |
Bears | BERRY collected in the bear pool on the day / Number of Bears staked on the day |
Harvesting BERRY kickstarts when 300 Gen 1 is minted. Harvesting will be paused when all Gen 1 Funkies are minted. With the end of the Farming era, $BERRY can only be harvested through side missions.
Each Funky Player receives a barrel when they begin to play the funky game. When a player claims their BERRY.
Note: The player claims the Berry for all the Funkies they have staked
The BERRY directly goes to the barrel to get purified. As the user starts to claim their BERRY, BERRY gets collected in Barrel. When Barrel gets full, the purification begins. When the barrel is in purification mode, the users cannot claim their rewards unless the user upgrades their barrel. the rewards however will be safe and continuously calculated. Only the limit of Barrel is constant which can be upgraded with some amount of BERRY.
Last modified 7mo ago