$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 rankings. Tiers, Ranks and Daily $RIBBIT accrual are as follows.
| Tier | Ranks | Daily $RIBBIT |
|---|---|---|
Common | 2001 - 4444 | 20 |
Uncommon | 1001 - 2000 | 30 |
Rare | 301 - 1000 | 40 |
Legendary | 9 - 300 | 75 |
Epic | 1 | 150 |
Here's a full view of staking emissions:
RIBBIT Staking Boosts
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.
| 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
Vesting Period
$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
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