$BAVA Tokenomics

Baklava stands for “layered, rich, and sweet”.

Hi all,

Greetings from Baklava Chef team. In this article, we will discuss more about the native token in Baklava Space ($BAVA).

As previously announced, users will be able to stake their LP (from TraderJoe and Pangolin) in Baklava space to enjoy the automated yield farming, and also earn $BAVA as the reward. There will be no pre-sale or pre-farm for $BAVA token. It will be a fair launch and the only way to get $BAVA is by using Baklava Space.

Ok, let’s break down the tokenomics.

Project: Baklava Token: $BAVA

Total supply: 1,000,000,000 with 5-year release period.

Token allocation of 1,000,000,000 tokens:

• 60.00% to Baklava community members 600,000,000 $BAVA (15% airdrop, 20% LP farming, 5% $BAVA staking, 20% future treasury)
• 10.633% to founder (5-year vesting): 106,330,000 $BAVA
• 10.633% to employee/dev (5-year vesting): 106,330,000 $BAVA
• 18.044% for liquidity: 180,440,000 $BAVA
• 0.69% to advisors (5-year vesting): 6,900,000 $BAVA

From the breakdown above, we can see that the only way to get $BAVA during early stage is via:

• Airdrop (15% of token allocation)
• Buying token from liquidity pool (18.044% of token allocation)
• LP Farming (20% of token allocation)
• $BAVA Staking (5% of token allocation)

More details regarding to this points will be published on our documentation and next articles. We will also share more information on our Twitter and Forum, do not forget to follow it for latest updates. Enjoy your Baklava dessert and see you there!