Tokenomics and Emission Schedule
This model has been adapted by Pickle with a view towards incentivizing locking $PICKLE tokens for $DILL. $DILL is a governance utility token received by Pickle users that lock $PICKLEs for a set amount of time, granting not only participation in soft governance but also an array of perks such as revenue-sharing.
The key changes Pickle has made are:
- clearly framing the utility of $DILL locking as a claim on Pickle revenues: present and future
- reduced dilutive pressure on $DILL lockers
- dynamic reduction of $PICKLE emissions as $DILL adoption increases
As $DILL supply increases as a percentage of the $PICKLE total supply, emissions will decrease. This encourages collaboration and locking for $DILL amongst users, creating positive pressure on the price of $PICKLE.
Last modified 8mo ago