Narwhalswap —NAR Liquidity Mining V1
NARWHALSWAP will officially launch our Liquidity Mining pools for the public on the 15th of September, 2pm UTC (72 hours from the presales).
NAR has a total supply of 21,000,000 NAR tokens, 80% of which will be distributed via liquidity mining.
Total supply: 21,000,000 NAR
Mining supply: 16,800,000 NAR
Halving period: Once a week
The NARWHALSWAP Launch Set of Liquidity Pools (LPs) for farming NAR tokens:
1) NAR/BNB Liquidity Pool
20% of the Mining pool (4,200,000 NAR)
2,100,000 NAR will be distributed during the first week of liquidity mining. With the weekly halving mechanism, the distributed NAR amount for this pool will be decreased 50% of the previous week.
Narwhalswap NAR/BNB LP Token address: 0xb6B0ba4e208AB93602be7a81f1400a7c7Daad1f2
2) BUSD/BNB Liquidity Pool
8% of the Mining pool (1,680,000 NAR)
840,000 NAR will be distributed during the first week of liquidity mining. With the weekly halving mechanism, the distributed NAR amount for this pool will be decreased 50% of the previous week.
Narwhalswap BUSD/BNB LP Token address:
0x5ec32c21c9a6215d239f2bd0df22d7632b4717c3
3) USDT/BNB Liquidity Pool
5% of the Mining pool (1,050,000 NAR)
525,000 NAR will be distributed during the first week of liquidity mining. With the weekly halving mechanism, the distributed NAR amount for this pool will be decreased 50% of the previous week.
Narwhalswap USDT/BNB LP Token address:
0xb35513a130ce5bcff1154d055b21368c8822c00d
4) DAI/BNB Liquidity Pool
5% of the Mining pool (1,050,000 NAR)
525,000 NAR will be distributed during the first week of liquidity mining. With the weekly halving mechanism, the distributed NAR amount for this pool will be decreased 50% of the previous week.
Narwhalswap DAI/BNB LP Token address:
0x8e68f1ad3ce2e7b01ecdfd0870d645cbe446e4b1
For future additions, once the Voting is live the community can vote to add more official NARWHALSWAP Liquidity Pools to farm NAR. We leave that choice to you!
Additional Mining Notes:
1) For NAR token mining mechanism, please check Narwhalswap Protocol — DeFi on Binance Smart Chain with Sustainability
2) 10% of the mining rewards from users will be allocated and distributed to the dividend pool (to be distributed to NAR holders).
3）IMPORTANT: NAR tokens will undergo a 5% deduction from all trades. From this 5%, 2.5% of it will be burned and the remaining 2.5% will be transferred to the dividend pool (to be distributed to NAR holders).
