# $RIBBIT Token

## Rarity Based Staking

Froggy Friends will use **Rarity Based** **Staking** pioneered by our friends over at Sappy Seals. Froggies earn daily $RIBBIT tokens based on their rarity category using our [Rarity Sniper](https://raritysniper.com/froggy-friends) rankings. Tiers, Ranks and Daily $RIBBIT accrual are as follows. 

<table><thead><tr><th>Tier</th><th width="226.33333333333331">Ranks</th><th>Daily $RIBBIT</th></tr></thead><tbody><tr><td>Common</td><td>2001 - 4444</td><td>20</td></tr><tr><td>Uncommon</td><td>1001 - 2000</td><td>30</td></tr><tr><td>Rare</td><td>301 - 1000</td><td>40</td></tr><tr><td>Legendary</td><td>9 - 300</td><td>75</td></tr><tr><td>Epic</td><td>1</td><td>150</td></tr></tbody></table>

Here's a full view of staking emissions:<br>

![$RIBBIT Rarity Based Staking Emissions](/files/7cOOWTgGP2HlxYmcrfKI)

## RIBBIT Staking Boosts <a href="#boosts" id="boosts"></a>

You've met the Froggies but have you met the [Friends](/froggy-friends/friends.md)? Each Froggy can be paired with a Friend with a unique staking boost. Friends will be purchasable with $RIBBIT but will come with a big price tag. Save up your tokens to purchase a Friend pair-able with your Froggy and receive a unique staking boost. **A Froggy can only pair with one Friend at a time**. Meet the five Friends who can join your Froggies on their journey.

| Tier      | Friend    | Boost |
| --------- | --------- | ----- |
| Common    | Rabbit    | 5%    |
| Uncommon  | Bear      | 10%   |
| Rare      | Red Panda | 15%   |
| Legendary | Cat       | 20%   |
| Epic      | Unicorn   | 30%   |

\*Staking boosts are subject to change prior to launch

## RIBBIT Tokenomics

Our system will be designed to balance the $RIBBIT ecosystem and ensure sustainability. $RIBBIT purchased on the marketplace will be transferred to the community wallet for periodic burning of the circulating supply as needed. When $RIBBIT is first launched the circulating supply starts at zero until holders begin staking. \
\
Here's a breakdown of tokens issued in total, to the team, to the community wallet reserves and to the circulating supply:

* 500,000,000 $RIBBIT Supply
* 378,000,000 $RIBBIT in Circulation
* 100,000,000 $RIBBIT to Community Wallet
* 10,000,000 $RIBBIT to Fonzy
* 10,000,000 $RIBBIT to Mayan<br>

## Vesting Period

$RIBBIT allocated to the team will be issued starting one year from launch date:&#x20;

* On April 28, 2023 the team will receive 50% of it's allocations
* On April 28, 2024 the team will receive 50% of it's allocations


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