Beaver Finance Tokenomics

$BVER is the utility and governance token of Beaver Finance Protocol. $BVER token is earned through participation in the protocol and its initiative. It is utilized majorly for growing and directing liquidity and governance. $BVER holders will comprise the Beaver DAO, in the long run. $BVER token will be issued in two networks — on Metis Andromeda and Binance Smart Chain(BSC).

We aim to execute the token launch a little differently from the typical launches and distribution seen in the industry so far. Instead of giving whales the best and early deals, using tactics to lure in speculators, and fabricating hype, we are running a transparent, inclusive, and completely fair token distribution. By completely fair means, all of the $BVER token supply will fully be distributed to the community in phases. By that, we also mean that the Beaver team gets no allocation!

$BVER Distribution Breakdown

• Token Ticker: $BVER
• Max Supply: 1,000,000,000 $BVER
• No $BVER tokens are allocated to the team, investors, advisors, or any sort of insiders. Therefore, Beaver Finance is entirely community-driven and entirely community-owned;
• 2% of the total token supply will be allocated into 3 phases of Airdrop events for early contributors and supporters of Beaver Finance; (more details on each phase of the Airdrop down below)
• 1~2% of the total supply will be allocated for public sale on multiple IDO/IEO platforms.
• 96% of the remaining total supply will be distributed via a liquidity mining program to ensure further transparency and fair launch. We want to make sure all potential Beavers have an equal opportunity to get hands-on their share of $BVER tokens.

Beaver Candy Event(Airdrops)

After much modeling and scenario testing, the team has decided that the following rounds and mechanisms ensure maximum community prosperity. There would be 3 rounds of airdrops for early users of Beaver:

Round 1 (Mid of Feb ~ March):

● Beaver Finance Impermanent Loss Hedging contains complicated financial modeling and hedging algorithms. To make sure every detail of implementation is executed with 100% accuracy and capital safety, team Beaver introduces the Round 1 whitelist testing round.

● Early contributors, including but not limited to white hat testers, beaver believers, and the most active and contributing community members, will be invited to this round.

● For the first round, the TVL will be capped at 1 million USDT worth of crypto assets, with a fixed investment of 50,000 USDT worth of crypto assets per participant.

● 0.3% of the $BVER total supply will be airdropped to the participants of this round by the end of Round 1.

Round 2 (April):

● Round 2 will be meant for even more passionate and active community members to contribute to the TVL and growth of the Beaver Finance protocol.

● For the second round, the TVL will be capped at 3 million USDT worth of crypto assets, with a maximum investment of 50,000 USDT worth of crypto assets per participant.

● Users in Round 2 would be ranked by the level of their contributions to the protocol’s TVL.

● 67% of those community members with the highest ranks will receive token airdrops, while the rest would be rewarded with a whitelist opportunity for the public sale event (see the following section).

● 0.7% of $BVER total supply would be airdropped to the participants in this round by the end of Round 2. 0.6% of the $BVER out of 0.7% will be allocated for Round 2 contributors according to the condition mentioned above. The remaining 0.1% of the $BVER will be reserved to incentivize participants in past and future contests, campaigns, and other marketing events hosted among Beaver communities.

Round 3 (May):

● During Round 3, participation will be fully open to the public without any capped TVL.

● In this, all TVL contributors will enjoy airdrop rewards equivalent to their level of contribution to the protocol’s overall TVL.

● Since there is no cap or criteria for participation, all community members will be invited to participate.

● 1% of the $BVER total supply will be airdropped to the participants of this round by the end of Round 3.

Public Sale Event

• In the 2nd round of the candy event, the $BVER token will be listed on multiple IDO/IEO platforms.
• Interested Beavers can grab whitelist opportunities by participating in the Airdrop Phase 2.
• Minimum 1%, and of maximum 2% of $BVER total supply would be allocated for public sale.
• Public Sale Vesting: 20% of the $BVER Public sale supply will be unlocked right after purchase, and the remaining 80% of the $BVER Public sale supply, will unlock by 20% every 3 months.

Beaver Boardroom

All $BVER holders can stake their $BVER tokens in the ‘Boardroom’ on the Beaver Finance app to start receiving a share of platform revenue. 30% as farming rewards will go to the treasury, and 67% of which will be directly distributed to all $BVER token stakers. Beaver Boardroom will be activated when TVL reaches a high level so that can keep steady farming rewards to all $BVER token stakers, and we expect that to be sometime after Phase 3.

Liquidity Mining Program

After Phase 3 is closed, the $BVER liquidity mining program will be launched officially. The liquidity mining program aims to distribute 96% of BVER tokens to the protocol users and community in the most transparent and fair way possible. An additional 10% of each mining reward will be issued to the dev team for technical incentives and project maintenance. It can be modified after the opening of Beaver Finance governance.

The $BVER token emission schedule for the liquidity mining program follows an algorithmic mechanism to ensure deflationary which would be released in the short future.

We’re all about fairness, community, and accountability. These values permeate everything we do — the tokenomics, our partnerships, and the technology we build. We are leveling the playing field, being inclusive, and working to give all Beavers equal opportunities at true, honest, and truly protected yields!