Distribution
The Battle Begins
BonFire Token Distribution & Mining
Daily Distribution Dynamics
Mining begins with 50M BFX Tokens available daily for the first 8 days.
After Day 8, the amount of BFX available each day is reduced by 1%. This reduction continues until Day 369.
Once Day 369 Starts, the daily distribution is funded by the Recycle Pool, ensuring the mining process can continue indefinitely.
Supply Capped at the End of Day 368: Further mining funded by the Recycle Pool
Example Reduction Over Time:
Day 1 = 50,000,000 BFX Available
Day 2 = 50,000,000 BFX Available
Day 3 = 50,000,000 BFX Available
Day 4 = 50,000,000 BFX Available
Day 5 = 50,000,000 BFX Available
Day 6 = 50,000,000 BFX Available
Day 7 = 50,000,000 BFX Available
Day 8 = 50,000,000 BFX Available
Day 9 = 49,500,000 BFX Available
Day 10 = 49,005,000 BFX Available
Mining Power (Smart Burn Power)
When users purchase Smart Burn Power (SBP), they receive mining power for 8 days. Mining power decreases by 12.5% daily to align with the token’s deflationary mechanism.
Mining Power Decay Example (100 SBP Purchased):
Day 1: 100 SBP
Day 2: 87.5 SBP
Day 3: 75 SBP
Day 4: 62.5 SBP
Day 5: 50 SBP
Day 6: 37.5 SBP
Day 7: 25 SBP
Day 8: 12.5 SBP
Pricing:
10,000,000 X28 = 369 SBP
Higher SBP values translate to stronger mining power, giving users a larger share of the daily mining rewards.
The Recycle Pool Mechanism
When the platform reaches Day 369:
New Token Minting Stops: BFX token supply is capped permanently. 5.22 Billion is Max Supply
Mining Funded by Recycle Pool:
20% of the buy and burn is allocated to funding the Recycle Pool during the initial mining phase.
Once Day 369 is reached, 50% of the buy and burn is allocated to funding the Recycle Pool.
Day 369 and beyond, 4% of the Recycle Pools Total will be released for mining each day based on health of markets. (Adjustable up to 10%)
This system ensures a sustainable reward mechanism that supports mining cycles indefinitely, even after no new tokens are minted.
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