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 rankings. Tiers, Ranks and Daily $RIBBIT accrual are as follows.
Here's a full view of staking emissions:
$RIBBIT Rarity Based Staking Emissions
You've met the Froggies but have you met the Friends? 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.
*Staking boosts are subject to change prior to launch
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
$RIBBIT allocated to the team will be issued starting one year from launch date:
- 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