YBM(Yabumi DAO Token)

What is YBM?

YMB(Yabumi DAO Token) is utility token embeded to Yabumi. Initial issuance is 450,000,000, with 55,000,000 issuance in the first year and annual diminishing issuance of 10% over 235 years. Max supply is 1,000,000,000.

Ticker：YBM

Token Address：0xbc91b74761cAe0740F74e42b2673C05146ed810E https://etherscan.io/address/0xbc91b74761cae0740f74e42b2673c05146ed810e

DEX link：TBAComment

Allocation

Percentage(%)	For	Note
5	Developer Incentives
5	Initial investors	Airdrop to TXJP holders
5	DEX LP	Uniswap v3 YMWK-ETH Pool $0.1~$1
5	Community Treasury	safe.defigeek.eth
5	Early User Rewards
10	CurveLP Budget	5 years vesting
10	Phase 2 investors	3 years vesting with 2 year cliff
55	User Rewards	5.5% at year 1. diminishing 10% p.a.(i.e.4.95% for year 2) for 234 years

What is veYBM?

A veYBM is a non-transferable token obtained by locking a YBM.

1 YBM = 1 veYBM for a lock of up to 4 years.

For a one-year lock, 1YBM = 0.25 veYBM.

Decays over time.

The lock period can be extended to a maximum of four years at any time, but cannot be shortened or cancelled.

veYBM utility

Protocol fee YBM rewards Others TBD