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LIT

Liquidity Incentive Token (LIT) is Bunni's native token for incentivizing liquidity.

Distribution​

The total supply is 1 billion LIT.

  • Community: 72%
    • 45% distributed to gauge on a 4 year halving schedule
    • 11% held in the protocol treasury
      • Used for grants, bug bounties, audits, et cetera
    • 10% sold through LBP
      • $2.4m was added to the protocol treasury from the LBP proceeds
      • The unsold LIT is given to the protocol treasury
    • 5% distributed to veMPH holders over 4 years via a staking pool
      • 88mph team members will not participate in the staking pool
    • 1% airdropped
      • 0.25% to early Timeless & Bunni users
        • Timeless team members are not included
      • 0.75% to active Uniswap v3 LPs
  • Team: 25%
    • Vested over 4 years
  • Investor: 3%
    • Proceeds given to protocol treasury
    • 6 months cliff, then 1 year vesting