Stakin Finance
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Tokenomics
Products & Guides (v2)
Products & Guides (v1)
Security
Stakin Yield Token (STKN)
The Stakin Yield Token (STKN) is Stakin Finance's token. Currently, it can be used to provide liquidity (LP) in trading pairs, and staked to earn more STKN. In future iterations of Stakin Finance, STKN will be used for governance. As the project and community grow, further use cases of STKN will be explored and implemented.
- Staking: Users can stake STKN to earn more STKN, which incentivizes long-term holding of the token.
- Yield Farming: STKN is used to incentivize users to yield farm by staking Liquidity Provider (LP) tokens into the protocol, which brings more liquidity into the platform.
- Stakedrop: STKN is used to incentivize token holders across multiple protocols to stake with Stakin, which enlarges the size of Stakin Finance community.
Both staking and yield farming are paid with newly minted STKN which are generated through inflation. Inflation will gradually increase the total number of STKN in circulation and reward early users of Stakin and Stakin Finance.
STKN Token Supply
Cumulative Token Distribution Schedule (in millions)
Timeline
Genesis
Y1
Y2
Y3
Y4
Total
Stakedrop
0
6
6
6
6
24
Liquidity Mining
0
6
6
6
6
24
Team
0
7
7
7
0
21
Investors (1)*
0
TBD
TBD
TBD
TBD
11*
DAO Treasury (2)*
0
6
TBD
TBD
TBD
20*
Token Supply, excluding (1)(2)
0
25
19
19
12
100
Annual inflation, excluding (1)(2) (%)
-
-
76%
43%
19%
-
Cumulative Token Distribution Schedule (in % of total at Year 4)
Timeline
Genesis
Y1
Y2
Y3
Y4
Total %
Stakedrop
0%
6%
6%
6%
6%
24%
Liquidity Mining
0%
6%
6%
6%
6%
24%
Team
0%
7%
7%
7%
0%
21%
Investors (1)*
0%
TBD
TBD
TBD
TBD
11%*
DAO Treasury (2)*
0%
6%
TBD
TBD
TBD
20%*
Total, excluding (1)(2) %
0%
25%
19%
19%
12%
100%
Only 6 million STKN have been minted at Genesis for Liquidity Mining. This supply is locked Liquidity Mining contracts and will be released progressively.
Effectively, the total circulating supply at Genesis starts from 0 and progresses with mining, ending up between 6 million and 30 million at the end of Year 1, depending on the final distribution for Investors, Stakedrop distributions and DAO Treasury.
Final Token Distribution
The total supply of STKN tokens will increase for 4 years through inflation — until the total token supply becomes 100 million.
The inflation rate is designed to gradually decrease throughout the years, thus incentivizing early users.
Last modified 9mo ago