YOP 2.0 Tokenomics
As a precursor to the imminent release of the YOP 2.0 whitepaper, we wanted to share with you the updated Tokenomics that make up YOP 2.0.
The revised Tokenomics have been designed with longevity, sustainability, and utility in mind. We want to ensure we maximise the YOP token appeal for the YOP community for the long-term.
Do you want to know:
- What are our plans are for community rewards?
- How long is the YOP emission schedule set to last?
- When will we start to transition YOP into a DAO?
This document touches on all this and much, much more.
We will take a look at the background and history of the YOP token, which was first released in January 2021. We will then review the emission pools and emission schedules across the pools, before taking a closer look at the community emissions. We will review YOP’s plans for long term sustainability of the protocol through token buyback, redistribution and burn mechanisms. Finally, we will look at how the YOP token will be used for governance in the future as we move towards as Decentralised Autonomous Organisation (DAO).
We hope you enjoy this Tokenomics document and keep your eyes peeled for YOP 2.0 whitepaper being released later this month!
You can check out the Tokenomics document here https://yop.finance/wp-content/uploads/2022/01/YOP_Tokenomics_final.pdf
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